Amundi 13F: Adds $11M to Adobe (ADBE) Stake
Institutional investor Amundi grew its holdings in software giant Adobe Inc. by 1.1% during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi added 53,424 shares to its stake in Adobe Inc. ($ADBE), a 1.14% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 4,724,102 shares worth $954.17 million at the end of the quarter.
Since the filing, $ADBE is down 5.9% after 1 week, down 23.2% after 1 month and down 4.1% to date (from the $255.64 close on May 18, 2026).
ADBE
Adobe Inc.
Key Points
- Amundi expanded its position in Adobe Inc. ADBE by 53,424 shares, bringing its total holdings to 4,724,102 shares valued at roughly $954.2 million according to its latest Form 13F filing with the SEC.
- Adobe shares recently traded near $201.98, well below their 52-week high of $363.70 and close to the lower boundary of their range.
- Insider activity picked up in mid-June with several executives executing transactions, including purchases by Interim CFO Steven Day and Chief Legal Officer Adele Pentland.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Adobe Inc. alert may contain errors. Disclosures
Amundi Boosts Stake in Adobe Inc.
Amundi raised its stake in Adobe Inc. (NasdaqGS: ADBE) by 53,424 shares during the period, according to a recent Form 13F filing with the SEC. The purchase brought the firm's total holdings to 4,724,102 shares. Based on the reporting period, that stake carried a value of approximately $954.2 million. Because 13F filings look backward, this report shows positions at a specific point in time and may not reflect the investor's current layout.
Adobe Stock Trades Near Lower Bound
Adobe shares changed hands around $201.98 on Friday. That price sits far beneath the stock's 52-week peak of $363.70 and hovers close to its 52-week low of $190.12. The company carries a trailing price-to-earnings ratio of 14.1, while its forward P/E sits at 9.1 based on upcoming earnings projections.
Insider Buying and Selling at Adobe Inc.
Several company leaders transacted in company stock on June 15, 2026. Interim CFO and SVP Steven Day acquired 546 shares. Chief Legal Officer and EVP Adele Pentland picked up 7,800 shares and separately disposed of 7,800 shares. Additionally, SVP and CAO Jillian Forusz sold 158 shares at an average price of $206.36 for a total value of $32,604.88, alongside an acquisition of 461 shares.
Wall Street Firms Update Coverage
Analyst sentiment spans several cautious outlooks as firms adjust their models. HSBC downgraded its rating to hold and lowered its price target to $267.00 from $310.00 on October 13, 2026. Wells Fargo also moved to an underweight rating on October 12, 2026, cutting its target to $225.00 from $270.00. Earlier in September, DA Davidson maintained a buy rating while lifting its target to $290.00, while Citigroup kept a neutral rating with a $250.00 target.
Software Maker Focuses on Digital Tools
Headquartered in San Jose, California, Adobe builds software tools across digital media and marketing. Its flagship applications support content creators, photographers, and enterprise advertisers worldwide. The business generates billions in annual revenue, backed by a strong net profit margin and high return on equity.
What to Watch at Adobe Inc.
Market participants will keep an eye on upcoming earnings reports scheduled for December 9, 2026, to gauge how enterprise demand holds up. Future SEC filings will also show whether institutional buyers like Amundi continue to add to their software positions.
Related Filing Alerts
Source: Amundi's 13F filing on $ADBE (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts