Fintel reports that on March 21, 2025, Keybanc upgraded their outlook for Adobe (SNSE:ADBE) from Underweight to Sector Weight.
What is the Fund Sentiment?
There are 4,274 funds or institutions reporting positions in Adobe. This is an increase of 36 owner(s) or 0.85% in the last quarter. Average portfolio weight of all funds dedicated to ADBE is 0.57%, an increase of 85.08%. Total shares owned by institutions increased in the last three months by 0.16% to 398,373K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,790K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 14,054K shares , representing a decrease of 1.92%. The firm decreased its portfolio allocation in ADBE by 16.96% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 11,916K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 11,613K shares , representing an increase of 2.54%. The firm decreased its portfolio allocation in ADBE by 16.64% over the last quarter.
Geode Capital Management holds 10,680K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 10,529K shares , representing an increase of 1.42%. The firm decreased its portfolio allocation in ADBE by 16.56% over the last quarter.
Invesco Qqq Trust, Series 1 holds 8,929K shares representing 2.05% ownership of the company. In its prior filing, the firm reported owning 8,611K shares , representing an increase of 3.56%. The firm decreased its portfolio allocation in ADBE by 17.75% over the last quarter.
Norges Bank holds 5,741K shares representing 1.32% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
