Adobe Inc’s recently made public that its SVP & CAO Forusz Jillian unloaded Company’s shares for reported $0.18 million on May 02 ’25. In the deal valued at $380.58 per share,462 shares were sold. As a result of this transaction, Forusz Jillian now holds 2,834 shares worth roughly $1.08 million.
Then, Forusz Jillian bought 462 shares, generating $175,828 in total proceeds.
Before that, Belsky Scott bought 5,012 shares. Adobe Inc shares valued at $1,919,596 were divested by the Officer at a price of $383.00 per share.
Rothschild & Co Redburn downgraded its Adobe Inc [ADBE] rating to a Sell from a a Neutral 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 April has reiterated a ‘”an Outperform”‘ rating for it. RBC Capital Mkts also remained covering ADBE and reiterated its “an Outperform” recommendation on April 14, 2025. KeyBanc Capital Markets revised its rating on March 21, 2025. It rated ADBE as “a Sector weight” which previously was an “an Underweight”.
Price Performance Review of ADBE
On Tuesday, Adobe Inc [NASDAQ:ADBE] saw its stock jump 1.41% to $382.24. Over the last five days, the stock has lost -1.20%. Adobe Inc shares have fallen nearly -32.96% since the year began. Nevertheless, the stocks have fallen -14.04% 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.
Levels Of Support And Resistance For ADBE Stock
The 24-hour chart illustrates a support level at 377.41, which if violated will result in even more drops to 372.59. On the upside, there is a resistance level at 386.83. A further resistance level may holdings at 391.43.
How much short interest is there in Adobe Inc?
A steep rise in short interest was recorded in Adobe Inc stocks on 2025-06-13, dropping by -2.27 million shares to a total of 7.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 9.76 million shares. There was a decline of -30.35%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 13, 2025 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $495.
