GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Adobe Systems Inc. (ADBE) CTO, SVP Experience&Technology Kevin M Lynch sells 60,000 Shares

January 19, 2011 | About:

insider

57 followers
CTO, SVP Experience&Technology of Adobe Systems Inc. (ADBE) Kevin M Lynch sells 60,000 shares of ADBE on 01/18/2011 at an average price of $34 a share.

Adobe Systems has a market cap of $16.76 billion; its shares were traded at around $33.91 with a P/E ratio of 21 and P/S ratio of 4.6. Adobe Systems had an annual average earning growth of 12% over the past 10 years. GuruFocus rated Adobe Systems the business predictability rank of 4.5-star.

Hedge Fund Gurus that owns ADBE:

Kenneth Fisher of Fisher Asset Management, LLC, Steven Cohen of SAC Capital Advisors, Louis Moore Bacon of Moore Capital Management, LP, Paul Tudor Jones of The Tudor Group, Manning & Napier Advisors, Inc.

Mutual Fund and Other Gurus that owns ADBE:

PRIMECAP Management, Robert Olstein of Olstein Financial Alert Fund, Pioneer Investments, RS Investment Management, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC, Dodge & Cox.

For details of gurus' trades and ownership with ADBE, click here


This is the insider trade history vs. stock price of ADBE. For the complete insider trading history of ADBE, click here.




Directors and Officers Recent Trades:



  • Sell: SVP, Gen. Counsel & Secretary Karen O Cottle sold 18,563 shares of ADBE stock on 01/12/2011 at the average price of 33.51. Karen O Cottle owns at least 56,650 shares after this. The price of the stock has increased by 1.19% since.
  • Sell: Director Robert K Burgess sold 40,000 shares of ADBE stock on 01/06/2011 at the average price of 31.99. Robert K Burgess owns at least 98,470 shares after this. The price of the stock has increased by 6% since.
  • Sell: Co-Chairman of the Board John E Warnock sold 20,000 shares of ADBE stock on 10/20/2010 at the average price of 27.54. John E Warnock owns at least 1,140,821 shares after this. The price of the stock has increased by 23.13% since.
  • Sell: SVP&GM, DESBU Robert M Tarkoff sold 14,340 shares of ADBE stock on 10/12/2010 at the average price of 27.4. Robert M Tarkoff owns at least 21,013 shares after this. The price of the stock has increased by 23.76% since.


For details of insider trades and ownership of ADBE, click here

About the author:

insider
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 4.1/5 (8 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK