Adobe Inc (ADBE) Chairman, President and CEO Shantanu Narayen Sold $34.3 million of Shares

Chairman, President and CEO of Adobe Inc (ADBE, Financial) Shantanu Narayen sold 139,834 shares of ADBE on 01/25/2019 at an average price of $245.4 a share. The total sale was $34.3 million.

Adobe Systems Inc offers a line of software and services for content creation and the measurement of digital advertising and marketing. Its software applications includes Photoshop and Lightroom, Adobe Analytics, Media Optimizer and Campaign Manager. Adobe Inc has a market cap of $118.06 billion; its shares were traded at around $241.85 with a P/E ratio of 46.44 and P/S ratio of 13.32. Adobe Inc had annual average EBITDA growth of 8.80% over the past ten years.

CEO Recent Trades:

  • Chairman, President and CEO Shantanu Narayen sold 139,834 shares of ADBE stock on 01/25/2019 at the average price of $245.4. The price of the stock has decreased by 1.45% since.

Directors and Officers Recent Trades:

  • EVP WW Field Operations Matthew Thompson sold 41,560 shares of ADBE stock on 01/28/2019 at the average price of $245.23. The price of the stock has decreased by 1.38% since.
  • Director Charles M Geschke sold 21,258 shares of ADBE stock on 01/08/2019 at the average price of $232.71. The price of the stock has increased by 3.93% since.

For the complete insider trading history of ADBE, click here

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