Adobe Inc. Shares Purchased by First Trust Advisors LP

First Trust Advisors LP increased its stake in the software company by 4.9% in the third quarter.

Published on Mar. 8, 2026

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First Trust Advisors LP raised its stake in Adobe Inc. (NASDAQ:ADBE) by 4.9% during the third quarter, according to its most recent disclosure with the SEC. The fund now owns 650,545 shares of the software company's stock, valued at $229,480,000 as of its latest SEC filing.

Why it matters

This purchase by First Trust Advisors LP indicates continued investor interest in Adobe, a leading provider of creative and marketing software tools. As Adobe transitions to a cloud-based subscription model, institutional investors are closely watching the company's performance and growth prospects.

The details

First Trust Advisors LP acquired an additional 30,169 shares of Adobe during the third quarter, increasing its total stake in the company to 650,545 shares. This purchase was part of a broader trend, as several other hedge funds and institutional investors also modified their Adobe holdings during the period.

  • First Trust Advisors LP disclosed the stake increase in a filing with the SEC on March 8, 2026.
  • The purchase occurred during the third quarter of Adobe's fiscal year.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial services, including mutual funds, exchange-traded funds, and other investment products.

Adobe Inc.

A global software company that develops creative and marketing tools and services, including Photoshop, Illustrator, and Creative Cloud.

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The takeaway

This purchase by First Trust Advisors LP reflects the continued investor interest in Adobe as the company transitions to a cloud-based subscription model and expands its suite of creative and marketing software tools.