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Adobe Inc (ADBE) EVP, Gen. Counsel & Secretary Dana Rao Sold $859,116 of Shares

EVP, Gen. Counsel & Secretary of Adobe Inc (30-Year Financial, Insider Trades) Dana Rao (insider trades) sold 2,832 shares of ADBE on 07/30/2019 at an average price of $303.36 a share. The total sale was $859,116.

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 $145.08 billion; its shares were traded at around $298.86 with a P/E ratio of 55.77 and P/S ratio of 14.63. Adobe Inc had annual average EBITDA growth of 8.70% over the past ten years.

Directors and Officers Recent Trades:

  • 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 1.48% since.
  • EVP, Chief Marketing Officer Ann Lewnes sold 3,000 shares of ADBE stock on 07/17/2019 at the average price of $307.13. The price of the stock has decreased by 2.69% since.

For the complete insider trading history of ADBE, click here

.This article first appeared on GuruFocus.