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OV Management LLC boosted its Adobe stake by 6%, while the company beat earnings estimates, valued at $163.46 billion.
Institutional investor OV Management LLC increased its holdings in Adobe Inc. by 6.0%, now owning 5,057 shares, valued at $2.25 million.
Adobe reported earnings of $5.08 per share for the latest quarter, above analyst expectations of $4.97.
The company's market cap is $163.46 billion.
Analysts have given Adobe a "Moderate Buy" rating with a price target of $531.54.
In the last 90 days, insiders have sold $2.19 million worth of shares.
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OV Management LLC incrementó su participación en Adobe en un 6%, mientras que la compañía superó las estimaciones de ganancias, valoradas en $163,460 millones.