Scott Belsky, the Chief Strategy Officer & EVP of $ADBE, sold 922 shares of the company on 01-24-2025 for an estimated $403,172. We received data on the trade from a recent SEC filing. This was a sale of approximately 4.0% of their shares of this class of stock. Following this trade, they now own 22,153 shares of this class of $ADBE stock.
$ADBE Insider Trading Activity
$ADBE insiders have traded $ADBE stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by insiders over the last 6 months:
- SHANTANU NARAYEN (Chair and CEO) has made 0 purchases and 6 sales selling 25,000 shares for an estimated $13,039,414.
- SCOTT BELSKY (Chief Strategy Officer & EVP) has made 0 purchases and 5 sales selling 7,455 shares for an estimated $3,420,920.
- DANIEL DURN (EVP & CFO) has made 0 purchases and 2 sales selling 6,500 shares for an estimated $3,350,328.
- JILLIAN FORUSZ (SVP & CAO) has made 0 purchases and 2 sales selling 1,010 shares for an estimated $473,553.
- AMY BANSE sold 606 shares for an estimated $333,300
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ADBE Hedge Fund Activity
We have seen 1,277 institutional investors add shares of $ADBE stock to their portfolio, and 1,281 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 2,082,015 shares (-20.2%) from their portfolio in Q3 2024, for an estimated $1,078,025,726
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,389,539 shares (-18.3%) from their portfolio in Q3 2024, for an estimated $719,475,503
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 1,373,850 shares (-99.7%) from their portfolio in Q4 2024, for an estimated $610,923,618
- D. E. SHAW & CO., INC. removed 1,178,068 shares (-75.9%) from their portfolio in Q3 2024, for an estimated $609,980,049
- ALLIANCEBERNSTEIN L.P. removed 1,156,995 shares (-28.2%) from their portfolio in Q3 2024, for an estimated $599,068,871
- PARNASSUS INVESTMENTS, LLC removed 1,119,874 shares (-99.8%) from their portfolio in Q3 2024, for an estimated $579,848,359
- FMR LLC added 787,356 shares (+8.8%) to their portfolio in Q3 2024, for an estimated $407,677,189
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ADBE Congressional Stock Trading
Members of Congress have traded $ADBE stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 2 times. They made 2 purchases worth up to $30,000 on 12/24, 11/20 and 0 sales.
- SENATOR TOMMY TUBERVILLE sold up to $50,000 on 10/29.
- REPRESENTATIVE GREG LANDSMAN sold up to $50,000 on 08/14.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
