PRIMECAP Management's position in Adobe is currently worth $1.43B. That's 1.04% of their equity portfolio (30th largest holding). PRIMECAP Management started to build up the position in Adobe in Q1 2013. Since then they sold 36.2M shares. The stake costed the investor $164M, netting the investor a gain of 771% so far.
Adobe's 1Q FY2025 earnings beat expectations, but weak 2Q guidance points to a continued growth slowdown and margin contraction despite improving GenAI monet...
LAS VEGAS--(BUSINESS WIRE)--Today, at Adobe Summit ¨C the flagship digital experience conference ¨C Adobe (Nasdaq:ADBE) unveiled a suite of product innovations...
Management's guidance for the current fiscal quarter fell short of analysts' expectations. This disparity suggests that Adobe is having trouble convincing po...
Aristotle Capital Management, LLC, an investment management company, released its ¡°Value Equity Strategy¡± first quarter 2024 investor letter. A copy of the s...