Adobe svp & cao Jillian Forusz sells $109,961 in stock By Investing.com

Jillian Forusz, Senior Vice President and Chief Accounting Officer at Adobe Inc. (), sold company common stock totaling $109,961 on July 29, 2026.

The transaction involved the disposition of 416 shares of Adobe common stock. The shares were sold at a price of $264.33 per share. Following this sale, Ms. Forusz directly holds 3,824.156 shares of Adobe common stock.The sale occurred as Adobe’s stock trades at $250.41, notably below the $264.33 sale price. According to InvestingPro analysis, the stock appears undervalued at current levels, placing it among opportunities on the Most Undervalued list. The software giant maintains an impressive gross profit margin of 89.4% and trades at a P/E ratio of 14.31. Investors seeking deeper insights can access Adobe’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro, along with 15 additional ProTips.

In other recent news, Adobe reported a 12.7% increase in its second-quarter fiscal 2026 revenue compared to the previous year, with expectations for an 11.8% growth in full-year fiscal 2026 revenue. HSBC upgraded Adobe’s stock rating to Buy from Hold, increasing its price target to $308, citing the company’s resilience against AI-powered competitors. Conversely, Morgan Stanley downgraded Adobe to Underweight from Equalweight, reducing its price target to $240 due to concerns over generative AI substitution risks. CLSA initiated coverage on Adobe with an outperform rating and set a price target of $300, benchmarking it against Salesforce’s target multiple. In another development, Adobe announced its acquisition of Topaz Labs, a company specializing in AI models for video and image enhancement, which will be integrated into Adobe’s Firefly and Creative Cloud apps. Piper Sandler maintained a Neutral rating on Adobe following this acquisition, with a price target of $240. These recent developments reflect a mixed outlook among analysts regarding Adobe’s performance and strategic direction.

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