Adobe Inc’s recent filing unveils that its EVP & CFO Durn Daniel acquired Company’s shares for reported $0.51 million on Mar 20 ’25. In the deal valued at $390.58 per share,1,300 shares were bought. As a result of this transaction, Durn Daniel now holds 29,876 shares worth roughly $11.79 million.
Then, Ricks David A bought 2,250 shares, generating $998,946 in total proceeds. Upon buying the shares at $443.98, the Director now owns 4,984 shares.
Before that, Forusz Jillian bought 334 shares. Adobe Inc shares valued at $145,567 were divested by the Officer at a price of $435.83 per share.
KeyBanc Capital Markets upgraded its Adobe Inc [ADBE] rating to a Sector weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in mid March has reiterated a ‘”an Outperform”‘ rating for it. Redburn Atlantic began covering ADBE with “Neutral” recommendation on February 19, 2025. Exane BNP Paribas revised its rating on January 15, 2025. It rated ADBE as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of ADBE
On Monday, Adobe Inc [NASDAQ:ADBE] saw its stock jump 1.86% to $394.47. Over the last five days, the stock has lost -1.22%. Adobe Inc shares have fallen nearly -11.29% since the year began. Nevertheless, the stocks have fallen -24.01% over the past one year. While a 52-week high of $587.75 was reached on 02/13/25, a 52-week low of $374.50 was recorded on 03/13/25. SMA at 50 days reached $432.37, while 200 days put it at $495.39.
Levels Of Support And Resistance For ADBE Stock
The 24-hour chart illustrates a support level at 391.61, which if violated will result in even more drops to 388.76. On the upside, there is a resistance level at 397.09. A further resistance level may holdings at 399.72. The Relative Strength Index (RSI) on the 14-day chart is 37.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -22.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.64%. Stochastics %K at 20.25% indicates the stock is a holding.
How much short interest is there in Adobe Inc?
A steep rise in short interest was recorded in Adobe Inc stocks on 2025-02-28, dropping by 46066.0 shares to a total of 7.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.71 million shares. There was a decline of -0.6%, which implies that there is a negative sentiment for the stock.
