Adobe Inc’s recently made public 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 $1.71 million.
BMO Capital Markets reiterated its Adobe Inc [ADBE] rating to an Outperform in a research note published on April 16, 2025; the price target was $450. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who remained covering the stock and in mid April has reiterated a ‘”an Outperform”‘ rating for it. KeyBanc Capital Markets also remained covering ADBE and has increased its forecast on March 21, 2025 with a “Sector weight” recommendation from previously “an Underweight” rating. BMO Capital Markets maintained its rating on March 13, 2025. It rated ADBE as “an Outperform”.
Price Performance Review of ADBE
On Monday, Adobe Inc [NASDAQ:ADBE] saw its stock fall -1.60% to $343.22. Over the last five days, the stock has lost -2.62%. Adobe Inc shares have fallen nearly -22.82% since the year began. Nevertheless, the stocks have fallen -27.66% 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 $407.00, while 200 days put it at $481.82.
Levels Of Support And Resistance For ADBE Stock
The 24-hour chart illustrates a support level at 339.01, which if violated will result in even more drops to 334.81. On the upside, there is a resistance level at 347.05. A further resistance level may holdings at 350.89. The Relative Strength Index (RSI) on the 14-day chart is 33.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.98%. Stochastics %K at 26.67% 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.
The most recent change occurred on February 19, 2025 when Redburn Atlantic began covering the stock and recommended ‘”a Neutral”‘ rating .
