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Sather Financial Group increased its Adobe stake by 10.4%, aligning with the company’s growing earnings and revenue.
Sather Financial Group Inc. increased its stake in Adobe Inc. by 10.4% in the first quarter, now owning 119,013 shares worth $45.65 million.
Adobe’s earnings per share rose to $5.06, up from $4.48 the previous year, with revenue at $5.87 billion, a 10.6% increase.
The consensus rating for Adobe is "Moderate Buy" with a target price of $473.88.
Other firms like Trilogy Capital and Pacer Advisors also adjusted their Adobe stock holdings.
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Sather Financial Group aumentó su participación en Adobe en un 10,4%, en consonancia con el crecimiento de las ganancias y los ingresos de la compañía.