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Adobe Inc (ADBE) EVP, Chief Marketing Officer Ann Lewnes Sold $867,960 of Shares

EVP, Chief Marketing Officer of Adobe Inc (30-Year Financial, Insider Trades) Ann Lewnes (insider trades) sold 3,000 shares of ADBE on 08/21/2019 at an average price of $289.32 a share. The total sale was $867,960.

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 $137.11 billion; its shares were traded at around $282.44 with a P/E ratio of 52.70 and P/S ratio of 13.83. Adobe Inc had annual average EBITDA growth of 8.70% over the past ten years.

Directors and Officers Recent Trades:

  • EVP, Chief Marketing Officer Ann Lewnes sold 3,000 shares of ADBE stock on 08/21/2019 at the average price of $289.32. The price of the stock has decreased by 2.38% since.
  • EVP, Gen. Counsel & Secretary Dana Rao sold 2,832 shares of ADBE stock on 07/30/2019 at the average price of $303.36. The price of the stock has decreased by 6.9% since.

For the complete insider trading history of ADBE, click here

.This article first appeared on GuruFocus.