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Adobe Systems Inc. (ADBE) President and CEO Shantanu Narayen sells 90,000 Shares

Jan 31, 2012 | About:
insider
insider
President and CEO of Adobe Systems Inc. (ADBE) Shantanu Narayen sells 90,000 shares of ADBE on 01/31/2012 at an average price of $30.95 a share.

Adobe Systems Inc. has a market cap of $15.19 billion; its shares were traded at around $30.95 with a P/E ratio of 17.2 and P/S ratio of 3.6. Adobe Systems Inc. had an annual average earning growth of 12.7% over the past 10 years. GuruFocus rated Adobe Systems Inc. the business predictability rank of 5-star.


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:


  • CTO, SVP Experience&Technology Kevin M Lynch sold 119,511 shares of ADBE stock on 01/27/2012 at the average price of 30.5. Kevin M Lynch owns at least 48,285 shares after this. The price of the stock has increased by 1.48% since.
  • SVP, Gen. Counsel & Secretary Karen O Cottle sold 22,687 shares of ADBE stock on 12/20/2011 at the average price of 28.12. Karen O Cottle owns at least 73,447 shares after this. The price of the stock has increased by 10.06% since.
  • SVP, Digital Media BU David Wadhwani sold 5,999 shares of ADBE stock on 12/19/2011 at the average price of 27.85. David Wadhwani owns at least 7,762 shares after this. The price of the stock has increased by 11.13% since.


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

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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