ADBENasdaqServices-Prepackaged SoftwareFiscal year ends November 27
ADOBE INC.
Financials through Q3 FY2026, quarter ended Aug 28, 2026Last filing: 10-Q on Sep 22, 2026
$247.09+1.89 (+0.77%)
Close on Oct 19, 2026
- Market cap
- $97.72B
- P/E (TTM)
- 13.8
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
85.7%
334M of 389M shares
Institutional holders
1,988
172 new, 338 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
1 buys · 20 sales
Net sold $48.83M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 37,230,155 | 9.40% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Capital Management | 30,765,197 | 7.61% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 20,538,520 | 5.20% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ADBE | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 41,156,085 | 10.57% | $8.44B | +346,145 | 0.13% |
| Vanguard Capital Management LLC | 26,405,210 | 6.78% | $5.41B | −274,761 | 0.12% |
| State Street Corp | 20,515,508 | 5.27% | $4.21B | +602,321 | 0.12% |
| Invesco Ltd. | 14,654,959 | 3.77% | $3.00B | +528,125 | 0.24% |
| Geode Capital Management, LLC | 11,615,763 | 2.98% | $2.38B | −111,125 | 0.13% |
| Vanguard Portfolio Management LLC | 9,363,848 | 2.41% | $1.92B | −608,784 | 0.09% |
| Arrowstreet Capital, Limited Partnership | 6,787,022 | 1.74% | $1.39B | −5,253 | 0.62% |
| Morgan Stanley | 5,390,521 | 1.39% | $1.11B | −286,412 | 0.06% |
| Amundi | 5,242,464 | 1.35% | $1.07B | +518,362 | 0.26% |
| Primecap Management Co/Ca/ | 5,227,139 | 1.34% | $1.07B | +496,293 | 0.63% |
| UBS Asset Management Americas Inc | 5,045,547 | 1.30% | $1.03B | +18,995 | 0.19% |
| Norges Bank | 4,972,088 | 1.28% | $1.02B | New | 0.10% |
| FIL Ltd | 4,813,688 | 1.24% | $986.90M | +1,864,348 | 0.71% |
| Bank of New York Mellon Corp | 4,655,489 | 1.20% | $954.47M | −551,302 | 0.16% |
| Northern Trust Corp | 4,527,997 | 1.16% | $928.33M | −223,648 | 0.11% |
| Aqr Capital Management LLC | 3,928,010 | 1.01% | $805.01M | −304,030 | 0.28% |
| Deutsche Bank AG\ | 3,659,169 | 0.94% | $750.20M | +258,424 | 0.22% |
| Goldman Sachs Group Inc | 3,529,096 | 0.91% | $723.54M | −246,804 | 0.06% |
| Victory Capital Management Inc | 3,490,203 | 0.90% | $715.56M | +903,821 | 0.40% |
| Charles Schwab Investment Management Inc | 3,401,534 | 0.87% | $697.38M | +215,780 | 0.09% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,988 | 334M | 85.7% | 172 / 658 | 947 / 338 | 32M | 28M |
| Q1 2026 | 2,195 | 330M | 84.9% | 197 / 789 | 1007 / 491 | 70M | 47M |
| Q4 2025 | 2,531 | 350M | 90.0% | 298 / 805 | 1204 / 207 | 35M | 23M |
| Q3 2025 | 2,497 | 340M | 87.3% | 148 / 931 | 1145 / 297 | 26M | 37M |
| Q2 2025 | 2,693 | 351M | 90.3% | 217 / 1033 | 1165 / 195 | 29M | 25M |
| Q1 2025 | 2,707 | 348M | 89.4% | 183 / 1154 | 1095 / 297 | 27M | 30M |
| Q4 2024 | 2,866 | 354M | 90.9% | 361 / 1105 | 1125 / 239 | 26M | 33M |
| Q3 2024 | 2,799 | 361M | 92.8% | 208 / 1212 | 1025 / 137 | 53M | 22M |
| Q2 2024 | 2,761 | 369M | 94.7% | 208 / 1192 | 1048 / 193 | 24M | 46M |
| Q1 2024 | 2,778 | 393M | 100.0% | 204 / 1226 | 1063 / 216 | 33M | 31M |
| Q4 2023 | 2,833 | 393M | 100.0% | 376 / 1065 | 1083 / 128 | 41M | 18M |
| Q3 2023 | 2,619 | 371M | 95.4% | 223 / 1042 | 1002 / 99 | 20M | 21M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ADBE | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 12,831,836 | 3.30% | $2.63B | 0.11% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 10,471,777 | 2.69% | $2.15B | 0.13% | Jun 30, 2026 |
| Invesco QQQ Trust, Series 1 | 8,580,026 | 2.20% | $1.76B | 0.36% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 5,559,974 | 1.43% | $1.14B | 0.13% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 5,253,175 | 1.35% | $1.36B | 0.16% | May 31, 2026 |
| Vanguard Primecap Fund | 3,409,557 | 0.88% | $699.03M | 0.73% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 2,983,490 | 0.77% | $773.35M | 0.45% | May 31, 2026 |
| State Street(R) Technology Select Sector SPDR(R) ETF | 2,790,404 | 0.72% | $572.09M | 0.46% | Jun 30, 2026 |
| Vanguard Growth Index Fund | 2,440,890 | 0.63% | $500.43M | 0.13% | Jun 30, 2026 |
| Dodge & Cox Stock Fund | 2,344,200 | 0.60% | $480.61M | 0.41% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 2,194,340 | 0.56% | $449.88M | 0.13% | Jun 30, 2026 |
| iShares Expanded Tech-Software Sector ETF | 2,069,608 | 0.53% | $424.31M | 3.13% | Jun 30, 2026 |
| Vanguard Value Index Fund | 1,925,954 | 0.49% | $394.86M | 0.16% | Jun 30, 2026 |
| iShares MSCI USA Quality Factor ETF | 1,814,611 | 0.47% | $454.40M | 0.98% | Jul 31, 2026 |
| Invesco NASDAQ 100 ETF | 1,731,761 | 0.44% | $448.89M | 0.46% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Shantanu Narayen | Chair and CEO, Director | 267,334 | 0.07% | Sep 18, 2026 |
| Adele Louise Pentland | Chief Legal Officer & EVP | 7,042 | 0.00% | Sep 17, 2026 |
| Steven Day | Interim CFO and SVP | 5,662 | 0.00% | Sep 17, 2026 |
| Jillian Forusz | SVP & CAO | 5,381 | 0.00% | Sep 17, 2026 |
| Gloria Chen | EVP, Chief People Officer | 49,852 | 0.01% | Jul 17, 2026 |
| David Wadhwani | President, C&P | 43,216 | 0.01% | Jul 17, 2026 |
| Anil Chakravarthy | President, CXO | 61,323 | 0.02% | Jul 17, 2026 |
| Lara Balazs | Chief Marketing Officer & EVP | 6,295 | 0.00% | Jul 17, 2026 |
| Daniel Durn | EVP & CFO | 42,833 | 0.01% | Apr 22, 2026 |
| Scott Belsky | Chief Strategy Officer & EVP | 18,334 | 0.00% | Jan 28, 2025 |
| David A. Ricks | Director | 20,430 | 0.01% | Jun 26, 2026 |
| Daniel Rosensweig | Director | 19,934 | 0.01% | Apr 17, 2026 |
| Spencer Adam Neumann | Director | 3,288 | 0.00% | Apr 17, 2026 |
| Frank Calderoni | Director | 32,717 | 0.01% | Apr 17, 2026 |
| Laura Desmond | Director | 32,633 | 0.01% | Apr 17, 2026 |
| Kathleen K. Oberg | Director | 5,250 | 0.00% | Apr 17, 2026 |
| Dheeraj Pandey | Director | 5,920 | 0.00% | Apr 17, 2026 |
| Melanie Boulden | Director | 3,965 | 0.00% | Apr 17, 2026 |
| Cristiano R. Amon | Director | 1,822 | 0.00% | Apr 17, 2026 |
| Amy Banse | Director | 34,517 | 0.01% | Apr 17, 2026 |
| M. Brett Biggs | Director | 2,478 | 0.00% | Apr 23, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −10,313 | $249.17 | $2.57M | 266,935 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −638 | $251.76 | $160.62K | 238,724 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −9,978 | $251.02 | $2.50M | 239,362 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −17,595 | $250.19 | $4.40M | 249,340 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −7,168 | $248.14 | $1.78M | 277,248 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −3,430 | $247.36 | $848.44K | 284,416 |
| Shantanu Narayen Chair and CEO, Director | Sep 17, 2026 | Sale | −1,378 | $246.09 | $339.11K | 287,846 |
| Shantanu Narayen Chair and CEO, Director | Sep 16, 2026 | Sale | −33,001 | $251.03 | $8.28M | 322,365 |
| Shantanu Narayen Chair and CEO, Director | Sep 16, 2026 | Sale | −8,358 | $250.22 | $2.09M | 355,366 |
| Shantanu Narayen Chair and CEO, Director | Sep 16, 2026 | Sale | −20,716 | $252.03 | $5.22M | 301,649 |
| Shantanu Narayen Chair and CEO, Director | Sep 16, 2026 | Sale | −930 | $253.64 | $235.89K | 289,224 |
| Shantanu Narayen Chair and CEO, Director | Sep 16, 2026 | Sale | −11,495 | $253.06 | $2.91M | 290,154 |
| Jillian Forusz SVP & CAO | Sep 15, 2026 | Tax withholding | −1,416 | $257.76 | $364.99K | 5,381 |
| Jillian Forusz SVP & CAO | Sep 15, 2026 | Tax withholding | −112 | $257.76 | $28.87K | 3,939 |
| Jillian Forusz SVP & CAO | Sep 15, 2026 | Option exercise | +227 | – | – | 4,051 |
| Jillian Forusz SVP & CAO | Sep 15, 2026 | Option exercise | +2,858 | – | – | 6,797 |
| Steven Day Interim CFO and SVP | Sep 15, 2026 | Option exercise | +312 | – | – | 5,662 |
| Steven Day Interim CFO and SVP | Sep 15, 2026 | Tax withholding | −154 | $257.76 | $39.70K | 5,508 |
| Steven Day Interim CFO and SVP | Sep 15, 2026 | Option exercise | +1,429 | – | – | 6,937 |
| Steven Day Interim CFO and SVP | Sep 15, 2026 | Tax withholding | −708 | $257.76 | $182.49K | 6,229 |
| Adele Louise Pentland Chief Legal Officer & EVP | Sep 15, 2026 | Tax withholding | −966 | $257.76 | $249.00K | 7,042 |
| Adele Louise Pentland Chief Legal Officer & EVP | Sep 15, 2026 | Option exercise | +1,949 | – | – | 8,008 |
| Steven Day Interim CFO and SVP | Aug 15, 2026 | Option exercise | +58 | – | – | 5,378 |
| Steven Day Interim CFO and SVP | Aug 15, 2026 | Tax withholding | −28 | $264.02 | $7.39K | 5,350 |
| Jillian Forusz SVP & CAO | Jul 29, 2026 | Sale | −416 | $264.33 | $109.96K | 3,824 |
| David Wadhwani President, C&P | Jul 15, 2026 | Tax withholding | −560 | $224.56 | $125.75K | 42,861 |
| David Wadhwani President, C&P | Jul 15, 2026 | Option exercise | +1,130 | – | – | 43,421 |
| David Wadhwani President, C&P | Jul 15, 2026 | Tax withholding | −345 | $224.56 | $77.47K | 42,291 |
| David Wadhwani President, C&P | Jul 15, 2026 | Option exercise | +761 | – | – | 42,096 |
| David Wadhwani President, C&P | Jul 15, 2026 | Tax withholding | −377 | $224.56 | $84.66K | 41,719 |
| David Wadhwani President, C&P | Jul 15, 2026 | Option exercise | +437 | – | – | 42,156 |
| David Wadhwani President, C&P | Jul 15, 2026 | Tax withholding | −216 | $224.56 | $48.50K | 41,940 |
| David Wadhwani President, C&P | Jul 15, 2026 | Option exercise | +696 | – | – | 42,636 |
| Adele Louise Pentland Chief Legal Officer & EVP | Jul 15, 2026 | Option exercise | +1,308 | – | – | 6,707 |
| Adele Louise Pentland Chief Legal Officer & EVP | Jul 15, 2026 | Tax withholding | −648 | $224.56 | $145.51K | 6,059 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Tax withholding | −238 | $224.56 | $53.45K | 4,240 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Option exercise | +576 | – | – | 4,478 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Tax withholding | −7 | $224.56 | $1.57K | 3,902 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Option exercise | +22 | – | – | 3,909 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Tax withholding | −11 | $224.56 | $2.47K | 3,887 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Option exercise | +34 | – | – | 3,898 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Tax withholding | −20 | $224.56 | $4.49K | 3,864 |
| Jillian Forusz SVP & CAO | Jul 15, 2026 | Option exercise | +60 | – | – | 3,884 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Option exercise | +2,200 | – | – | 361,738 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Tax withholding | −1,090 | $224.56 | $244.77K | 360,648 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Tax withholding | −626 | $224.56 | $140.57K | 361,286 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Option exercise | +1,264 | – | – | 361,912 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Option exercise | +1,977 | – | – | 363,263 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Tax withholding | −980 | $224.56 | $220.07K | 362,283 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Option exercise | +2,857 | – | – | 365,140 |
| Shantanu Narayen Chair and CEO, Director | Jul 15, 2026 | Tax withholding | −1,416 | $224.56 | $317.98K | 363,724 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Tax withholding | −31 | $224.56 | $6.96K | 5,030 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Option exercise | +153 | – | – | 5,183 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Tax withholding | −75 | $224.56 | $16.84K | 5,108 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Option exercise | +419 | – | – | 5,527 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Tax withholding | −207 | $224.56 | $46.48K | 5,320 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Option exercise | +55 | – | – | 5,025 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Option exercise | +63 | – | – | 5,061 |
| Steven Day Interim CFO and SVP | Jul 15, 2026 | Tax withholding | −27 | $224.56 | $6.06K | 4,998 |
| Lara Balazs Chief Marketing Officer & EVP | Jul 15, 2026 | Option exercise | +1,308 | – | – | 6,286 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Family Trust Narayen Officer | Sep 16, 2026 | 125,000 | $31.44M | Sep 16, 2026 | RSU |
| Daniel Durn Officer | Sep 8, 2026 | 33 | $8.48K | Sep 8, 2026 | Stock Award |
| Forusz Jillian Officer | Jul 29, 2026 | 416 | $109.96K | Jul 29, 2026 | Restricted Stock |
| Daniel Durn Officer | Jun 16, 2026 | 42,700 | $9.57M | Jun 16, 2026 | Compensation - Stock Award |
| Forusz Jillian Officer | Apr 30, 2026 | 755 | $185.91K | Apr 30, 2026 | Restricted Stock |
| Narayen Family Trust The Officer | Apr 28, 2026 | 75,000 | $18.30M | Apr 28, 2026 | RSU |
| Daniel Durn Officer | Apr 20, 2026 | 1,336 | $331.35K | Apr 20, 2026 | Stock Award |
| Daniel Durn Officer | Jan 27, 2026 | 1,646 | $485.32K | Jan 27, 2026 | Stock Award |
| Forusz Jillian Officer | Oct 31, 2025 | 149 | $50.34K | Oct 31, 2025 | Restricted Stock |
| Jillian Forusz Officer | May 2, 2025 | 462 | $175.83K | May 2, 2025 | RESTRICTED STOCK |
| Scott Belsky Officer | Apr 1, 2025 | 5,012 | $1.92M | Apr 1, 2025 | PERFORMANCE SHARES |
| Jillian Forusz Officer | Jan 28, 2025 | 334 | $145.57K | Jan 28, 2025 | PERFORMANCE SHARES |
| K. Belsky Scott Officer | Jan 27, 2025 | 3,819 | $1.64M | Jan 27, 2025 | Restricted Stock |
| K. Belsky Scott Officer | Jan 24, 2025 | 922 | $403.17K | Jan 24, 2025 | Restricted Stock |
| Banse Amy Director | Dec 6, 2024 | 606 | $326.16K | Dec 6, 2024 | Restricted Stock Units |