48 PRIMECAP Management Adobe Trades
PRIMECAP Management's position in Adobe is currently worth $2.11 Billion. That's 1.63% of their equity portfolio (15th largest holding). The investor owns 1.30% of the outstanding Adobe stock. PRIMECAP Management started to build up the position in Adobe in Q1 2013. Since then they sold 34.9 Million shares. The stake costed the investor $217 Million, netting the investor a gain of 872% so far.
News about Adobe Inc and PRIMECAP Management
Adobe: Strong FCF Growth, But Growth Stabilization Needed
Adobe's 1Q FY2025 earnings beat expectations, but weak 2Q guidance points to a continued growth slowdown and margin contraction despite improving GenAI monet...
Adobe Summit 2025: Adobe AI Platform Unites Creativity and Marketing to Define the New Era of Customer Experience Orchestration
LAS VEGAS--(BUSINESS WIRE)--Today, at Adobe Summit – the flagship digital experience conference – Adobe (Nasdaq:ADBE) unveiled a suite of product innovations...
Why Adobe Stock Is Down So Much Today
Management's guidance for the current fiscal quarter fell short of analysts' expectations. This disparity suggests that Adobe is having trouble convincing po...
Adobe (ADBE) Fell Due to Investor Concerns
Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” first quarter 2024 investor letter. A copy of the s...