Adobe Inc’s recent filing unveils 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 $1.75 million.
RBC Capital Mkts reiterated its Adobe Inc [ADBE] rating to an Outperform in a research note published on April 14, 2025; the price target was $480. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in late March from “an Underweight” to “a Sector weight”. BMO Capital Markets also remained covering ADBE and reiterated its “an Outperform” recommendation on March 13, 2025. Redburn Atlantic started covering the stock on February 19, 2025. It rated ADBE as “a Neutral”.
Price Performance Review of ADBE
On Tuesday, Adobe Inc [NASDAQ:ADBE] saw its stock fall -0.15% to $350.38. Over the last five days, the stock has gained 3.05%. Adobe Inc shares have fallen nearly -21.21% since the year began. Nevertheless, the stocks have fallen -26.09% over the past one year. While a 52-week high of $587.75 was reached on 02/13/25, a 52-week low of $332.01 was recorded on 04/07/25. SMA at 50 days reached $412.54, while 200 days put it at $485.05.
Levels Of Support And Resistance For ADBE Stock
The 24-hour chart illustrates a support level at 347.55, which if violated will result in even more drops to 344.71. On the upside, there is a resistance level at 354.85. A further resistance level may holdings at 359.32. The Relative Strength Index (RSI) on the 14-day chart is 34.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.56%. Stochastics %K at 26.91% 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 2025-03-31, growing by 3.29 million shares to a total of 10.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.66 million shares. There was a rise of 30.04%, which implies that there is a positive sentiment for the stock.
