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Compare Stocks › ADBE vs TPL

Adobe Inc. (ADBE) vs Texas Pacific Land Corporation (TPL)

ADBE
Adobe Inc.
$245.99
VS
TPL
Texas Pacific Land Corporation
$532.52

Rewards

ADBE
  • ★Adobe Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
  • ★Gross margin of 89.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Adobe Inc. scores 100/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
TPL
  • ★Texas Pacific Land Corporation has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
  • ★Gross margin of 93.3% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.

Risks

ADBE
    TPL
    • ⚠Trailing P/E of 76.3x is 82% above the historical average of 41.9x — the stock trades at a premium to its own history.
    • ⚠PEG ratio of 17.74 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
    • ⚠Free cash flow has declined at a 57.8% CAGR over the past 4 years — a concerning trend.

    Key Valuation Metrics

    Learn more →
    ADBE
    TPL
    Valuation
    $9.29B
    Free Cash Flow
    $-82.23M
    9.20%
    FCF Yield
    -0.22%
    14.33
    Trailing P/E
    76.29
    9.33
    Forward P/E
    7.28
    Quality & Moat
    40.36%
    ROIC
    30.16%
    62.36%
    ROE
    32.99%
    89.40%
    Gross Margin
    93.29%
    1.29
    PEG Ratio
    17.74
    Balance Sheet Safety
    0.58
    Debt / Equity
    0.01
    N/A
    Interest Coverage
    N/A
    -0.02
    Net Debt / EBITDA
    -0.19
    N/A
    Dividend Yield
    0.45%
    ADBE: 6Ties: 2TPL: 3
    ADBETPL

    Historical Fundamentals

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    ADBE

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    TPL

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

    $1 Retained Earnings Test

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    ADBE
    $-0.60
    created per $1 retained over 3 years
    Market Cap Declined
    Σ Retained
    $18.12B
    Δ Market Cap
    $-10.93B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
    TPL
    $2.36
    created per $1 retained over 3 years
    Exceptional Value Creator
    Σ Retained
    $745.9M
    Δ Market Cap
    +$1.76B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Discounted Cash Flow (DCF) Analysis

    Learn more →
    ADBE
    48.4% Margin of Safety
    Price is 48.4% below estimated fair value
    Current Price: $245.99
    Fair Value: $477.11
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    TPL
    Insufficient Data
    Enter initial FCF to calculate intrinsic value
    Current Price: $532.52
    Fair Value: $0.00
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued

    Reverse DCF — Market-Implied Growth

    Learn more →
    ADBE

    What growth rate is the market pricing in at $246?

    +3.0%
    Market-Implied Owner Earnings Growth
    Standard FCF implies -0.7%

    The market implies +3.0% Owner Earnings growth, below historical trends — potential opportunity.

    Standard FCF implies a more demanding -0.7%, reflecting heavy growth investment expected to generate future returns.

    TPL

    Requires positive FCF to compute implied growth rate.

    Economic Moat Score

    Learn more →
    ADBE
    100/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
    TPL
    67/100
    Narrow Moat
    70+ Wide · 40-69 Narrow · <40 None

    Narrow moat with roic consistency as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

    Forensic Accounting

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    ADBE
    -2.85
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
    TPL
    -10.93
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Ownership Breakdown

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    ADBE
    Insiders 0.2%Institutions 87.8%Retail & Other 11.9%
    No. of Institutional Holders3,534
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
    TPL
    Insiders 1.0%Institutions 73.5%Retail & Other 25.5%
    No. of Institutional Holders993
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

    High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

    Insider Buying Activity

    Learn more →
    ADBE
    0
    Buys (3M)
    0
    Buys (12M)
    DURN DANIEL J
    Chief Financial Officer
    $507,758
    @ $390.58 · 2025-03-20
    RICKS DAVID A
    Director
    $998,946
    @ $443.98 · 2025-01-28
    Open market purchases · includes direct & indirect ownership · excludes option exercises
    TPL
    54
    Buys (3M)
    129
    Buys (12M)
    Total value (12M): $549,441
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $525.00
    @ $525.00 · 2026-03-16
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $529.00
    @ $529.00 · 2026-03-13
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $532.00
    @ $532.00 · 2026-03-12
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $523.00
    @ $523.00 · 2026-03-11
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $527.00
    @ $527.00 · 2026-03-10
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $527.00
    @ $527.00 · 2026-03-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $526.00
    @ $526.00 · 2026-03-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $529.00
    @ $529.00 · 2026-03-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $530.00
    @ $530.00 · 2026-03-04
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $524.00
    @ $524.00 · 2026-03-02
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $517.00
    @ $517.00 · 2026-02-27
    EPPS DONNA E
    Director
    $456,853
    @ $510.45 · 2026-02-25
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $520.00
    @ $520.00 · 2026-02-24
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $520.00
    @ $520.00 · 2026-02-23
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $504.00
    @ $504.00 · 2026-02-20
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $469.00
    @ $469.00 · 2026-02-19
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $435.00
    @ $435.00 · 2026-02-18
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $426.00
    @ $426.00 · 2026-02-17
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $426.00
    @ $426.00 · 2026-02-13
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $408.00
    @ $408.00 · 2026-02-11
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $388.00
    @ $388.00 · 2026-02-10
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $372.00
    @ $372.00 · 2026-02-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $342.00
    @ $342.00 · 2026-02-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $345.00
    @ $345.00 · 2026-02-04
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $337.00
    @ $337.00 · 2026-02-03
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $346.00
    @ $346.00 · 2026-01-30
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $355.00
    @ $355.00 · 2026-01-29
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $351.00
    @ $351.00 · 2026-01-28
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $340.00
    @ $340.00 · 2026-01-27
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $342.00
    @ $342.00 · 2026-01-26
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $350.00
    @ $350.00 · 2026-01-23
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $346.00
    @ $346.00 · 2026-01-22
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $343.00
    @ $343.00 · 2026-01-21
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $334.00
    @ $334.00 · 2026-01-20
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $328.00
    @ $328.00 · 2026-01-16
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $330.00
    @ $330.00 · 2026-01-15
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $330.00
    @ $330.00 · 2026-01-14
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $323.00
    @ $323.00 · 2026-01-13
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $312.00
    @ $312.00 · 2026-01-12
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $309.00
    @ $309.00 · 2026-01-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $292.00
    @ $292.00 · 2026-01-08
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $286.00
    @ $286.00 · 2026-01-07
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $297.00
    @ $297.00 · 2026-01-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $297.00
    @ $297.00 · 2026-01-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $297.00
    @ $297.00 · 2026-01-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $295.00
    @ $295.00 · 2026-01-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $289.00
    @ $289.00 · 2026-01-02
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $288.00
    @ $288.00 · 2025-12-31
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $294.00
    @ $294.00 · 2025-12-30
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $294.00
    @ $294.00 · 2025-12-29
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $285.00
    @ $285.00 · 2025-12-26
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $295.00
    @ $295.00 · 2025-12-24
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $892.00
    @ $892.00 · 2025-12-23
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $925.00
    @ $925.00 · 2025-12-22
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $897.00
    @ $897.00 · 2025-12-19
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $902.00
    @ $902.00 · 2025-12-18
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $880.00
    @ $880.00 · 2025-12-17
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $822.00
    @ $822.00 · 2025-12-16
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $819.00
    @ $819.00 · 2025-12-15
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $881.00
    @ $881.00 · 2025-12-12
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $877.00
    @ $877.00 · 2025-12-11
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $870.00
    @ $870.00 · 2025-12-10
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $896.00
    @ $896.00 · 2025-12-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $914.00
    @ $914.00 · 2025-12-08
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $922.00
    @ $922.00 · 2025-12-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $912.00
    @ $912.00 · 2025-12-04
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $876.00
    @ $876.00 · 2025-12-03
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $869.00
    @ $869.00 · 2025-12-02
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $867.00
    @ $867.00 · 2025-12-01
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $867.00
    @ $867.00 · 2025-11-28
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $863.00
    @ $863.00 · 2025-11-26
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $853.00
    @ $853.00 · 2025-11-25
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $880.00
    @ $880.00 · 2025-11-24
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $895.00
    @ $895.00 · 2025-11-21
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $919.00
    @ $919.00 · 2025-11-20
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $899.00
    @ $899.00 · 2025-11-19
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $914.00
    @ $914.00 · 2025-11-18
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $1,008
    @ $1008.00 · 2025-11-17
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $998.00
    @ $998.00 · 2025-11-14
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $1,021
    @ $1021.00 · 2025-11-13
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $996.00
    @ $996.00 · 2025-11-12
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $1,968
    @ $984.00 · 2025-11-11
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $993.00
    @ $993.00 · 2025-11-07
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $944.00
    @ $944.00 · 2025-11-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $914.00
    @ $914.00 · 2025-11-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $912.00
    @ $912.00 · 2025-11-04
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $933.00
    @ $933.00 · 2025-11-03
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $934.00
    @ $934.00 · 2025-10-31
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $941.00
    @ $941.00 · 2025-10-30
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $912.00
    @ $912.00 · 2025-10-29
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $925.00
    @ $925.00 · 2025-10-28
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $934.00
    @ $934.00 · 2025-10-27
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $949.00
    @ $949.00 · 2025-10-24
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $939.00
    @ $939.00 · 2025-10-23
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $936.00
    @ $936.00 · 2025-10-22
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $939.00
    @ $939.00 · 2025-10-21
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $945.00
    @ $945.00 · 2025-10-20
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $929.00
    @ $929.00 · 2025-10-17
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $935.00
    @ $935.00 · 2025-10-16
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $924.00
    @ $924.00 · 2025-10-15
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $883.00
    @ $883.00 · 2025-10-14
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $1,786
    @ $893.00 · 2025-10-13
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $936.00
    @ $936.00 · 2025-10-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $935.00
    @ $935.00 · 2025-10-08
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $964.00
    @ $964.00 · 2025-10-07
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $950.00
    @ $950.00 · 2025-10-06
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $971.00
    @ $971.00 · 2025-10-03
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $967.00
    @ $967.00 · 2025-10-02
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $945.00
    @ $945.00 · 2025-10-01
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $914.00
    @ $914.00 · 2025-09-30
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $948.00
    @ $948.00 · 2025-09-26
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $929.00
    @ $929.00 · 2025-09-25
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $955.00
    @ $955.00 · 2025-09-24
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $897.00
    @ $897.00 · 2025-09-23
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $864.00
    @ $864.00 · 2025-09-22
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $897.00
    @ $897.00 · 2025-09-19
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $916.00
    @ $916.00 · 2025-09-18
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $929.00
    @ $929.00 · 2025-09-17
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $929.00
    @ $929.00 · 2025-09-16
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $950.00
    @ $950.00 · 2025-09-15
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $943.00
    @ $943.00 · 2025-09-12
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $927.00
    @ $927.00 · 2025-09-11
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $923.00
    @ $923.00 · 2025-09-10
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $917.00
    @ $917.00 · 2025-09-09
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $909.00
    @ $909.00 · 2025-09-08
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $921.00
    @ $921.00 · 2025-09-05
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $912.00
    @ $912.00 · 2025-09-04
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $929.00
    @ $929.00 · 2025-09-03
    HORIZON KINETICS ASSET MANAGEMENT L.L.C.
    Beneficial Owner of more than 10% of a Class of Security
    $973.00
    @ $973.00 · 2025-09-02
    Open market purchases · includes direct & indirect ownership · excludes option exercises

    Open market purchases · includes direct & indirect ownership · excludes option exercises.

    Insider Selling Activity

    Learn more →
    ADBE
    1
    Sells (3M)
    3
    Sells (12M)
    Total value (12M): $711,495
    DURN DANIEL J
    Chief Financial Officer
    $485,323
    @ $294.85 · 2026-01-27
    FORUSZ JILLIAN
    Officer
    $50,344
    @ $337.88 · 2025-10-31
    FORUSZ JILLIAN
    Officer
    $175,828
    @ $380.58 · 2025-05-02
    FORUSZ JILLIAN
    Officer
    $145,567
    @ $435.83 · 2025-01-28
    BELSKY SCOTT K
    Officer
    $2.05M
    @ $431.61 · 2025-01-27
    BANSE AMY L
    Director
    $333,300
    @ $550.00 · 2024-12-06
    FORUSZ JILLIAN
    Officer
    $327,987
    @ $485.19 · 2024-10-29
    BELSKY SCOTT K
    Officer
    $232,525
    @ $483.42 · 2024-10-25
    BELSKY SCOTT K
    Officer
    $1.14M
    @ $511.48 · 2024-10-16
    DURN DANIEL J
    Chief Financial Officer
    $3.35M
    @ $515.44 · 2024-09-17
    GARFIELD MARK S.
    Officer
    $52,089
    @ $537.00 · 2024-07-25
    BELSKY SCOTT K
    Officer
    $258,297
    @ $537.00 · 2024-07-25
    GARFIELD MARK S.
    Officer
    $85,255
    @ $564.60 · 2024-07-16
    BELSKY SCOTT K
    Officer
    $1.25M
    @ $561.60 · 2024-07-16
    RAO DANA J.D.
    General Counsel
    $3.56M
    @ $525.51 · 2024-06-17
    GARFIELD MARK S.
    Officer
    $138,735
    @ $525.51 · 2024-06-17
    GARFIELD MARK S.
    Officer
    $265,644
    @ $447.97 · 2024-06-03
    GARFIELD MARK S.
    Officer
    $389,630
    @ $490.10 · 2024-05-06
    BELSKY SCOTT K
    Officer
    $1.29M
    @ $474.30 · 2024-05-02
    GARFIELD MARK S.
    Officer
    $45,436
    @ $468.41 · 2024-04-25
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
    TPL
    2
    Sells (3M)
    2
    Sells (12M)
    Total value (12M): $1.27M
    EPPS DONNA E
    Director
    $456,522
    @ $510.08 · 2026-02-25
    BUFFINGTON STEPHANIE
    Officer
    $808,824
    @ $503.00 · 2026-02-24
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

    🎭 Mr. Market's Mood

    Learn more →
    ADBE
    FearGreed
    😨Fear(27/100)

    "Market is pessimistic — investigate whether fears are temporary or structural"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
    TPL
    FearGreed
    😐Neutral(57/100)

    "Market is pricing this stock without strong emotion in either direction"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    ⚖️ Buffett Signal

    Learn more →
    ADBE
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Fear (27)
    TPL
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Neutral (57)
    View ADBE Full AnalysisView TPL Full Analysis