Adobe Inc.'s SVP & CAO Jillian Forusz Buys Company Shares
Jillian Forusz purchased 461 shares of Adobe Inc. on June 15, 2026.
Key Points
- Jillian Forusz, SVP & CAO of Adobe Inc., bought 461 shares of the company on June 15, 2026.
- Adobe Inc. has a market cap of $82.03 billion, a P/E ratio of 11.81, and trades near $206.36.
- Institutional investors like BlackRock and State Street have also adjusted their holdings in Adobe recently.
On June 15, 2026, Jillian Forusz, the Senior Vice President and Chief Accounting Officer of Adobe Inc., purchased 461 shares of the company. This insider transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Adobe Inc.
Jillian Forusz made a move on June 15, 2026, buying 461 shares of Adobe Inc. without a pre-planned arrangement. On the same date, she also sold 158 shares at an average price of $206.36. Additionally, Adele Louise Pentland, Adobe's Chief Legal Officer & EVP, executed multiple transactions, including a purchase of 7,800 shares and a sale of 3,676 shares.
Other Institutional Activity in Adobe Inc.
Institutional investors have been active in Adobe. BlackRock, Inc. increased its holdings by 379,718 shares, ending with 40,809,940 shares valued at approximately $9.92 billion. Vanguard Capital Management LLC entered a new position with 26,679,971 shares worth about $6.49 billion. State Street Corp reduced its stake by 560,546 shares, leaving it with 19,913,187 shares valued at around $4.84 billion. Geode Capital Management, LLC added 195,210 shares, bringing its total to 11,726,888 shares with a value of about $2.85 billion.
Adobe Inc. Stock Snapshot
Shares of NasdaqGS:ADBE traded near $206.36. Adobe Inc. boasts a market cap of $82.03 billion and a P/E ratio of 11.81. The stock's 52-week range is between $196.90 and $399.67, with a 50-day moving average of $244.16 and a 200-day moving average of $297.59. Adobe's beta stands at 1.404, indicating a higher volatility compared to the broader market.
Recent Earnings
Adobe Inc. reported revenue of $25.20 billion, reflecting a growth rate of 12.7%. The company's net margin is 28.69%, with a return on equity of 62.95%. The next earnings report is anticipated on September 10, 2026.
Analysts Set New Price Targets
On June 12, 2026, Citigroup maintained a 'hold' rating with a target price of $228. Goldman Sachs reiterated a 'sell' rating with a target of $190. Jefferies also maintained a 'hold' rating, setting a target at $230. JP Morgan upheld a 'buy' rating with a $340 target, while RBC Capital also kept a 'buy' rating at $285. The consensus recommendation is 'hold', with a mean target price of $288.48.
About Adobe Inc.
Adobe Inc., headquartered in San Jose, California, is a leading technology company in the software application sector. The company provides a wide range of products and services that enable the creation and publication of digital content. Led by CEO Shantanu Narayen, Adobe employs over 31,000 people globally. It operates through segments like Digital Media, Digital Experience, and Publishing and Advertising, serving various professionals and businesses worldwide.
Bottom Line
Insider transactions like Jillian Forusz's purchase can provide insights into executive confidence in Adobe's prospects. With a stable market presence and recent institutional interest, Adobe remains a company to watch. Remember, insider and institutional activities are historical data and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.