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HUB Investment Partners LLC Has $9.26 Million Stake in Adobe Inc. $ADBE
HUB Investment Partners LLC reduced its stake in Adobe Inc. by 23.9% in the third quarter, now holding 26,236 shares valued at $9.26 million. Despite this, other institutional investors like Vanguard Group Inc. and Norges Bank significantly increased their holdings. Analyst ratings for Adobe are mixed, with a consensus “Hold” rating and an average target price of $386.68, while insider activity shows CFO Daniel Durn sold a portion of his shares.