Varenne Capital Partners Reduces Stake in Adobe Inc.

NodeGuardian · 2026-03-12T07:42:05+00:00

Varenne Capital Partners cut its stake in Adobe Inc. by 10.7%, selling 5,634 shares, leaving it with 47,086 shares valued at $16.61 million, indicating a possible change in investor sentiment ahead of Adobe's earnings and AI competition.

NodeGuardian

2026-03-12 07:42:05

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Institutional investor Varenne Capital Partners has reduced its stake in Adobe Inc. by 10.7% in the third quarter, selling 5,634 shares. The firm now holds 47,086 shares valued at approximately $16.61 million, making Adobe the 13th largest position in its portfolio. This move signals a potential shift in sentiment for the software company, with investors watching Adobe’s upcoming earnings and its performance against AI-powered competition.

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