Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Adobe Systems Inc. (ADBE) Co-Chairman of the Board John E Warnock sells 40,000 Shares

October 05, 2012 | About:
insider

insider

41 followers
Co-Chairman of the Board of Adobe Systems Inc. (ADBE) John E Warnock sells 40,000 shares of ADBE on 10/04/2012 at an average price of $32.59 a share.

Adobe Systems Incorporated has a market cap of $15.95 billion; its shares were traded at around $32.48 with a P/E ratio of 17.6 and P/S ratio of 3.8.

This is the annual revenues and earnings per share of ADBE over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ADBE.


CEO Recent Trades:


  • President and CEO Shantanu Narayen sold 200,000 shares of ADBE stock on 05/07/2012 at the average price of 33.88. Shantanu Narayen owns at least 225,354 shares after this. The price of the stock has decreased by 4.13% since.

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:


  • VP, Corp. Controller & PAO Richard Rowley sold 3,767 shares of ADBE stock on 09/21/2012 at the average price of 33.82. Richard Rowley owns at least 28,856 shares after this. The price of the stock has decreased by 3.96% since.
  • SVP, Digital Marketing BU Bradley Rencher sold 49,848 shares of ADBE stock on 07/30/2012 at the average price of 31.51. Bradley Rencher owns at least 13,096 shares after this. The price of the stock has increased by 3.08% since.
  • SVP, Gen. Counsel & Secretary Karen O Cottle sold 10,313 shares of ADBE stock on 07/05/2012 at the average price of 32.5. Karen O Cottle owns at least 74,980 shares after this. The price of the stock has decreased by 0.06% since.
  • VP, Corp. Controller & PAO Richard Rowley sold 2,759 shares of ADBE stock on 07/05/2012 at the average price of 32.54. Richard Rowley owns at least 32,623 shares after this. The price of the stock has decreased by 0.18% since.
  • SVP, Digital Media BU David Wadhwani sold 1,999 shares of ADBE stock on 07/02/2012 at the average price of 32.02. David Wadhwani owns at least 12,998 shares after this. The price of the stock has increased by 1.44% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 2.0/5 (5 votes)

Comments

Please leave your comment:


More Gurufocus Links

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

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.