Adobe Systems Inc. (ADBE) President and CEO Shantanu Narayen sells 66,801 Shares

President and CEO of Adobe Systems Inc. (ADBE, Financial) Shantanu Narayen sells 66,801 shares of ADBE on 01/31/2011 at an average price of $32.92 a share.

Adobe Systems has a market cap of $16.81 billion; its shares were traded at around $33.05 with a P/E ratio of 21 and P/S ratio of 4.4. 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.

Directors and Officers Recent Trades:

  • Sell: CTO, SVP Experience&Technology Kevin M Lynch sold 60,000 shares of ADBE stock on 01/18/2011 at the average price of 34. Kevin M Lynch owns at least 44,673 shares after this. The price of the stock has decreased by 2.79% since.

  • 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 decreased by 1.37% 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 3.31% 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 20.01% 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 20.62% since.




For the complete insider trading history of ADBE, click here.