Adobe Inc. insider trading
Every open-market purchase and sale by Adobe Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Adobe Inc.’s insiders pay?
From January 5, 2010 to September 18, 2026, 37 insiders reported 13 open-market purchases and 266 sales not made under a pre-set plan in Adobe Inc. Twelve months after each purchase was reported, the shares were +7.6% against the S&P 500 on average (median +13.5%), over 12 purchases with a full year of prices; 58% beat the index. After sales, the shares moved +15.5% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on January 18, 2013 into $33,132 by November 2, 2026, +9.1% a year. It held shares 57% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $23,984 (+6.6% a year), and held throughout $64,380 (+14.5%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Warnock John E | Director | 0 | — | — | 52 | +16.1% (52) | June 23, 2023 |
| Rowley Richard | VP, Corp. Controller & CAO | 0 | — | — | 19 | +23.8% (19) | January 6, 2017 |
| Wadhwani David | President, Digital Media | 0 | — | — | 19 | +13.8% (19) | January 4, 2024 |
| Daley James E | Director | 0 | — | — | 18 | +20.7% (18) | January 23, 2017 |
| Rencher Bradley | EVP & GM, Experience Cloud | 0 | — | — | 18 | +23.2% (18) | January 31, 2019 |
| Geschke Charles M | Director | 0 | — | — | 13 | +30.2% (13) | January 7, 2020 |
| Thompson Matthew | EVP WW Field Operations | 0 | — | — | 13 | +18.5% (13) | March 17, 2020 |
| Narayen Shantanu | Chair and CEO | 0 | — | — | 12 | −11.4% (10) | September 18, 2026 |
| Morris Donna | EVP, CHRO, Employee Experience | 0 | — | — | 10 | +26.1% (10) | January 28, 2020 |
| Rao Dana | EVP, Gen. Counsel & Secretary | 0 | — | — | 10 | +2.7% (10) | June 20, 2024 |
| Burgess Robert K | Director | 0 | — | — | 6 | +15.5% (6) | December 29, 2017 |
| Durn Daniel | EVP & CFO | 2 | +3.5% (2) | 50% | 4 | −50.8% (2) | April 22, 2026 |
| Forusz Jillian | SVP & CAO | 0 | — | — | 6 | −55.9% (3) | July 31, 2026 |
| Lamkin Bryan | EVP & GM, Digital Media | 0 | — | — | 6 | +29.1% (6) | January 31, 2019 |
| Sedgewick Robert | Director | 0 | — | — | 6 | +12.3% (6) | October 23, 2015 |
| Banse Amy | Director | 4 | +17.3% (4) | 75% | 1 | −1.1% (1) | June 22, 2023 |
| Cottle Karen O | SVP, Gen. Counsel & Secretary | 0 | — | — | 5 | +3.7% (5) | July 5, 2012 |
| Lynch Kevin M | CTO, EVP Experience&Technology | 0 | — | — | 5 | +15.9% (5) | March 25, 2013 |
| Ricks David A | Director | 5 | +7.4% (4) | 50% | 0 | — | June 26, 2026 |
| Va Partners I, LLC | Director | 0 | — | — | 5 | +18.6% (5) | March 31, 2016 |
| Barnholt Edward W | Director | 0 | — | — | 4 | +19.1% (4) | July 11, 2016 |
| Belsky Scott | EVP, CPO, Creative Cloud | 0 | — | — | 4 | +12.3% (4) | October 26, 2022 |
| Parasnis Abhay | EVP & CTO | 0 | — | — | 4 | +25.7% (4) | January 28, 2020 |
| Valueact Holdings, L.P. | Director | 1 | +5.9% (1) | 100% | 3 | +10.9% (3) | July 16, 2015 |
| Cannon Michael R | Director | 0 | — | — | 3 | +6.7% (3) | July 2, 2014 |
| Dillon Michael A | EVP, Gen. Counsel & Secretary | 0 | — | — | 3 | +25.4% (3) | January 27, 2017 |
| Rosensweig Daniel | Director | 0 | — | — | 3 | +37.0% (3) | June 30, 2017 |
| Valueact Holdings Gp, LLC | Director | 0 | — | — | 3 | +20.7% (3) | February 2, 2016 |
| Garrett Mark | EVP, CFO & Asst. Secretary | 0 | — | — | 2 | +28.1% (2) | March 28, 2013 |
| Tarkoff Robert M | SVP&GM, DESBU | 0 | — | — | 2 | −7.0% (2) | March 28, 2011 |
| Valueact Capital Management, L.P. | Director | 0 | — | — | 2 | +12.8% (2) | June 30, 2015 |
| Desmond Laura | Director | 1 | −20.9% (1) | 0% | 0 | — | January 10, 2022 |
| Garfield Mark S. | SVP, CAO & Corp. Controller | 0 | — | — | 1 | +18.9% (1) | July 26, 2022 |
| Gupta Naresh | SVP, Print & Publishing | 0 | — | — | 1 | +3.9% (1) | January 31, 2014 |
| Lewnes Ann | SVP, Chief Marketing Officer | 0 | — | — | 1 | +6.4% (1) | January 28, 2014 |
| Mills Carol | Director | 0 | — | — | 1 | −21.0% (1) | April 27, 2010 |
| Valueact Capital Master Fund, L.P. | Director | 0 | — | — | 1 | +7.0% (1) | July 31, 2014 |
When several insiders traded Adobe Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Adobe Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 2 buying crowds with six months of prices, it averaged −2.8% against the index. After 20 selling crowds, +5.2%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| May 29, 2026 | 3 selling | +10.5% | not yet | not yet |
| March 31, 2025 | 2 buying | −8.5% | −27.8% | −55.5% |
| November 29, 2024 | 3 selling | −9.6% | −19.3% | −51.5% |
| January 31, 2024 | 3 selling | −28.0% | −24.7% | −54.4% |
| June 30, 2023 | 3 selling | +7.5% | +14.0% | −9.5% |
| December 30, 2022 | 3 selling | +5.1% | +28.0% | +45.5% |
| September 30, 2022 | 2 buying | +14.7% | +22.1% | +64.3% |
| April 29, 2022 | 3 selling | +3.7% | −13.0% | −8.3% |
| April 30, 2021 | 3 selling | +16.9% | +15.2% | −22.1% |
| June 30, 2020 | 3 selling | +4.2% | −6.1% | −6.4% |
| January 31, 2020 | 5 selling | +9.5% | +24.0% | +14.7% |
| August 30, 2019 | 3 selling | +0.8% | +18.8% | +58.6% |