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Adobe reported strong quarterly earnings, attracting more buys than sells from major investors.
Financial firm Financial Counselors Inc. increased its holdings in Adobe Inc. by purchasing more shares, while Meiji Yasuda Asset Management sold a significant portion of its Adobe shares.
Adobe reported better-than-expected earnings and revenue for the quarter, with EPS of $5.08 and revenue of $5.71 billion.
Insiders also bought shares.
Adobe, known for its software solutions, has a market cap of $175.75 billion and analysts predict strong performance for the year.
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Adobe reportó fuertes ganancias trimestrales, atrayendo más compras que ventas de los principales inversionistas.