Michael R. Cannon, Director at ADOBE SYSTEMS INC (ADBE), sold 35,000 shares at $60.76 ($2.1M) on 2014-04-29, disclosed to the SEC on 2014-04-30.
Seasonal sale ($2.1M) by Director — this insider has traded ADBE in April in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $61.06 | 600 | $37K | 1.7% |
| 2 | $60.76 | 34,400 | $2.1M | 98.3% |
| Total | $60.77 avg | 35,000 | $2.1M | 100% |
| Filing → |
| LRCX | SELL | 2017-11-17 | $1.9M | — | Filing → |
| ADBE | SELL | 2014-07-02 | $1.8M | — | Filing → |
| ADBE | SELL | 2014-04-24 | $685K | — | Filing → |