Adobe Inc’s filing revealed that its Officer Belsky Scott acquired Company’s shares for reported $1.92 million on Apr 01 ’25. In the deal valued at $383.00 per share,5,012 shares were bought.
Then, Durn Daniel bought 1,300 shares, generating $507,758 in total proceeds. Upon buying the shares at $390.58, the EVP & CFO now owns 29,876 shares.
Before that, Ricks David A bought 2,250 shares. Adobe Inc shares valued at $998,946 were divested by the Director at a price of $443.98 per share. As a result of the transaction, Ricks David A now holds 4,984 shares, worth roughly $1.91 million.
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 Tuesday, Adobe Inc [NASDAQ:ADBE] saw its stock fall -0.09% to $383.20. Over the last five days, the stock has lost -5.06%. Adobe Inc shares have fallen nearly -13.83% since the year began. Nevertheless, the stocks have fallen -24.06% 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 $429.34, while 200 days put it at $493.33.
Levels Of Support And Resistance For ADBE Stock
The 24-hour chart illustrates a support level at 377.82, which if violated will result in even more drops to 372.44. On the upside, there is a resistance level at 386.29. A further resistance level may holdings at 389.38. The Relative Strength Index (RSI) on the 14-day chart is 34.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.18%. Stochastics %K at 19.00% indicates the stock is a buying.
How much short interest is there in Adobe Inc?
A steep rise in short interest was recorded in Adobe Inc stocks on 2025-03-14, growing by 0.82 million shares to a total of 8.2 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.37 million shares. There was a rise of 10.05%, which implies that there is a positive sentiment for the stock.
