ProShare Advisors LLC Has $196.18 Million Stake in Adobe Inc. $ADBE

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ProShare Advisors LLC decreased its stake in Adobe Inc. by 18.0% in Q3, selling 122,070 shares and ending with 556,144 shares valued at $196.18 million. Despite recent analyst downgrades, Adobe surpassed quarterly earnings expectations and provided optimistic guidance for Q1 and FY 2026. The software company’s stock currently trades around $268 with a market cap of approximately $110.2 billion.

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