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Adobe Systems Inc (ADBE) CTO, SVP Experience&Technology Kevin M Lynch sells 250,000 Shares

December 19, 2012 | About:
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insider

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CTO, SVP Experience&Technology of Adobe Systems Inc (ADBE) Kevin M Lynch sells 250,000 shares of ADBE on 12/17/2012 at an average price of $37.21 a share.

Adobe Systems Inc has a market cap of $18.52 billion; its shares were traded at around $38.03 with a P/E ratio of 19.3 and P/S ratio of 4.2. Adobe Systems Inc had an annual average earning growth of 13.4% 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:


  • Director James E Daley sold 56,400 shares of ADBE stock on 12/19/2012 at the average price of 37.42. James E Daley owns at least 8,000 shares after this. The price of the stock has increased by 1.63% since.
  • CTO, SVP Experience&Technology Kevin M Lynch sold 250,000 shares of ADBE stock on 12/17/2012 at the average price of 37.21. Kevin M Lynch owns at least 49,160 shares after this. The price of the stock has increased by 2.2% since.
  • VP, Corp. Controller & PAO Richard Rowley sold 29,108 shares of ADBE stock on 12/17/2012 at the average price of 37.16. Richard Rowley owns at least 28,856 shares after this. The price of the stock has increased by 2.34% since.
  • Co-Chairman of the Board John E Warnock sold 40,000 shares of ADBE stock on 10/04/2012 at the average price of 32.59. John E Warnock owns at least 983,667 shares after this. The price of the stock has increased by 16.69% since.
  • 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 increased by 12.45% 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: 3.3/5 (3 votes)

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