Adobe's Jillian Forusz Sells Shares as Analysts Weigh In

Adobe's SVP & CAO, Jillian Forusz, sold 461 shares on June 15, 2026.

Written by EarningsIQ · Published Jun 16, 2026, 10:00 PM EDT · Updated Jun 16, 2026, 11:00 PM EDT

Key Points

On June 15, 2026, Adobe's SVP & CAO Jillian Forusz sold 461 shares amid a transaction not planned under Rule 10b5-1.
Adobe Inc. (NasdaqGS: ADBE) shares traded at $206.36, with a market cap of $82 billion and a forward P/E of 7.49.
Analysts from firms like Citigroup and Goldman Sachs recently maintained their ratings, with price targets ranging from $190 to $340.

On June 15, 2026, Jillian Forusz, Senior Vice President and Chief Accounting Officer of Adobe Inc., sold 461 shares of the company. This transaction was not part of a pre-planned trading program, known as Rule 10b5-1.

Insider Buying and Selling at Adobe Inc.

Jillian Forusz's recent sale of 461 shares on June 15 was accompanied by another transaction on the same day where she sold 158 shares at $206.36 each. Additionally, Adele Louise Pentland, Adobe's Chief Legal Officer and Executive Vice President, sold 3,676 shares at the same price on June 15. These insider transactions highlight activity among Adobe's top executives.

Other Institutional Activity in Adobe Inc.

BlackRock, Inc. increased its holdings in Adobe by 379,718 shares, bringing its total to 40,809,940 shares valued at approximately $9.92 billion. Geode Capital Management, LLC also boosted its stake by 195,210 shares, ending with 11,726,888 shares worth about $2.85 billion. Meanwhile, State Street Corp trimmed its position by 560,546 shares, resulting in a total of 19,913,187 shares valued at $4.84 billion.

Adobe Inc. Stock Snapshot

Shares of Adobe Inc. (NasdaqGS: ADBE) were trading at $206.36. The company has a market capitalization of $82.03 billion and a P/E ratio of 11.81, with a forward P/E of 7.49. Adobe's beta is 1.404, indicating its stock is more volatile than the market. The 52-week trading range for the stock is between $196.90 and $399.67, with moving averages of $244.16 for the 50-day and $297.59 for the 200-day.

Recent Earnings

Adobe reported revenue of $25.20 billion, reflecting a growth rate of 12.7%. The company achieved a net margin of 28.69% and a return on equity of 62.95%. Adobe's earnings per share stood at $17.48. The next earnings release is scheduled for September 10, 2026.

Analysts Set New Price Targets

On June 12, 2026, several analysts shared their views on Adobe. Citigroup maintained a 'hold' rating with a price target of $228. Goldman Sachs kept a 'sell' rating with a target of $190. Jefferies also maintained a 'hold' rating, setting the target at $230. The consensus recommendation is a 'hold', with an average price target of $288.48 based on 33 analyst opinions.

About Adobe Inc.

Adobe Inc., headquartered in San Jose, California, operates as a technology company offering software solutions worldwide. It serves a wide range of customers, from photographers and designers to marketers and developers, through its Digital Media and Digital Experience segments. Adobe's popular products include Photoshop, Adobe Acrobat, and the Creative Cloud suite. The company was founded in 1982 and is led by CEO Shantanu Narayen.

Bottom Line

The recent insider activity at Adobe Inc. comes amid a period of analyst evaluations, with a range of price targets highlighting varied expectations for the company's stock. While insider sales can attract attention, they are not necessarily indicative of future stock performance. As always, it's crucial for investors to consider a wide range of factors when evaluating a stock, including the backward-looking nature of insider transactions.