$ADBE valuation is compelling but with some concernsAdobe Inc.BATS:ADBEbigbull037- ADBE is definitely getting cheaper but for a right reason as image gen models are getting better. - FIG is eating their lunch low to mid level users who are not entrenched in Adobe ecosystem. - FIG has better talent density of employees than ADBE - FIG is more modern tech company with AI first integrations and features than ADBE - Some good things about ADBE - Valuation is very compelling and trading < 15x - ADBE has active buyback but one concerning thing is insiders haven't bought $ADBE. As a CEO it's very easy for them to authorize buy backs and burn company's free cash flow for stock buy back but when it comes to their own money they haven't bought a single share.