Adobe Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:ADBE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
29 Oct 24	Sell€303,650	Jillian Forusz	Individual	676.3	€448.99
25 Sep 24	Sell€11,685,923	Shantanu Narayen	Individual	25,000	€471.13
17 Sep 24	Sell€3,013,620	Daniel Durn	Individual	6,500	€464.05
27 Jun 24	Sell€12,706,254	Shantanu Narayen	Individual	25,000	€509.85
17 Jun 24	Sell€3,315,463	Dana Rao	Individual	6,765	€490.09
05 Jan 24	Buy€7,756	Amy Banse	Individual	15	€517.07
03 Jan 24	Sell€3,194,997	David Wadhwani	Individual	6,099	€523.86
22 Dec 23	Sell€17,389,404	Shantanu Narayen	Individual	32,000	€544.87
22 Dec 23	Sell€1,626,596	Daniel Durn	Individual	3,000	€542.20

Insider Trading Volume

Insider Buying: ADBE insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of ADBE?
Owner Type	Number of Shares	Ownership Percentage
State or Government	490,756	0.111%
Individual Insiders	647,529	0.147%
General Public	71,160,267	16.2%
Institutions	367,901,448	83.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 45.7% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.31%	The Vanguard Group, Inc.	40,962,976	€17.2b	-0.17%	0.26%
8.72%	BlackRock, Inc.	38,400,708	€16.1b	-0.45%	0.27%
4.6%	State Street Global Advisors, Inc.	20,270,287	€8.5b	1.17%	0.33%
2.39%	Geode Capital Management, LLC	10,529,089	€4.4b	1.43%	0.32%
1.97%	FMR LLC	8,693,676	€3.6b	9.08%	0.23%
1.59%	UBS Asset Management AG	6,993,806	€2.9b	5.87%	0.3%
1.41%	T. Rowe Price Group, Inc.	6,209,283	€2.6b	-18.3%	0.24%
1.29%	PRIMECAP Management Company	5,681,096	€2.4b	-0.95%	1.81%
1.22%	Norges Bank Investment Management	5,377,843	€2.3b	0%	0.19%
1.1%	Fisher Asset Management, LLC	4,859,584	€2.0b	1.95%	0.87%
1.05%	Northern Trust Global Investments	4,641,296	€1.9b	-3.47%	0.31%
1.02%	Amundi Asset Management SAS	4,485,704	€1.9b	-0.21%	0.41%
0.98%	Legal & General Investment Management Limited	4,325,446	€1.8b	6.68%	0.34%
0.96%	Morgan Stanley, Investment Banking and Brokerage Investments	4,245,607	€1.8b	-1.42%	0.22%
0.89%	Eaton Vance Management	3,934,870	€1.7b	1.22%	0.4%
0.87%	BNY Asset Management	3,809,094	€1.6b	-3.32%	0.33%
0.79%	Goldman Sachs Asset Management, L.P.	3,480,850	€1.5b	5.49%	0.41%
0.76%	Edgewood Management LLC	3,364,296	€1.4b	-3.84%	3.88%
0.75%	Polen Capital Management, LLC	3,312,174	€1.4b	24.3%	3.52%
0.72%	Deutsche Asset & Wealth Management	3,152,962	€1.3b	11.8%	0.39%
0.67%	Capital Research and Management Company	2,949,924	€1.2b	5.47%	0.06%
0.67%	AllianceBernstein L.P.	2,941,335	€1.2b	-28.2%	0.39%
0.67%	Columbia Management Investment Advisers, LLC	2,927,829	€1.2b	-10.5%	0.29%
0.66%	Invesco Capital Management LLC	2,895,364	€1.2b	8.46%	0.5%
0.62%	Charles Schwab Investment Management, Inc.	2,716,451	€1.1b	0.8%	0.2%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 11:39
End of Day Share Price	2024/12/20 00:00
Earnings	2024/11/29
Annual Earnings	2024/11/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Adobe Inc. is covered by 75 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joseph Bonner	Argus Research Company
Robert Oliver	Baird
Ishan Majumdar	Baptista Research