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      Current Value of Holding

      $1.43B

      Shares

      4.16M

      % of Portfolio

      1.04%

      Average Buy Price

      $39.5

      Avg closing price
      Price range

      50 PRIMECAP Management Adobe Trades

      PRIMECAP Management's position in Adobe is currently worth $1.43B. That's 1.04% of their equity portfolio (30th largest holding). PRIMECAP Management started to build up the position in Adobe in Q1 2013. Since then they sold 36.2M shares. The stake costed the investor $164M, netting the investor a gain of 771% so far.

      Avg closing price
      Price range
      Sold 23.3% shares (-1.26M shares) Q2 2025
      Avg closing price $385.05
      Price range $340.00 - $420.68
      Sold 1.2% shares (-65.8k shares) Q1 2025
      Avg closing price $429.19
      Price range $377.84 - $463.37
      Sold 3.4% shares (-194k shares) Q4 2024
      Avg closing price $494.20
      Price range $444.68 - $552.96
      Sold 1.0% shares (-54.6k shares) Q3 2024
      Avg closing price $549.19
      Price range $508.13 - $586.55
      Sold 2.1% shares (-124k shares) Q2 2024
      Avg closing price $484.22
      Price range $439.02 - $555.54
      Sold 1.4% shares (-82.6k shares) Q1 2024
      Avg closing price $573.19
      Price range $492.46 - $634.76
      Sold 1.7% shares (-105k shares) Q4 2023
      Avg closing price $576.76
      Price range $507.03 - $633.66
      Sold 1.0% shares (-61k shares) Q3 2023
      Avg closing price $524.63
      Price range $481.29 - $564.88
      Sold 2.9% shares (-185k shares) Q2 2023
      Avg closing price $402.84
      Price range $335.45 - $495.18
      Sold 0.8% shares (-48.5k shares) Q1 2023
      Avg closing price $355.42
      Price range $320.54 - $392.23
      Sold 1.0% shares (-63.2k shares) Q4 2022
      Avg closing price $319.83
      Price range $284.83 - $345.96
      Sold 1.0% shares (-66.9k shares) Q3 2022
      Avg closing price $378.38
      Price range $275.20 - $451.02
      Sold 0.9% shares (-59.2k shares) Q2 2022
      Avg closing price $406.98
      Price range $360.79 - $468.81
      Sold 1.7% shares (-110k shares) Q1 2022
      Avg closing price $481.10
      Price range $411.50 - $564.37
      Sold 7.3% shares (-522k shares) Q4 2021
      Avg closing price $625.08
      Price range $549.77 - $688.37
      Sold 2.2% shares (-161k shares) Q3 2021
      Avg closing price $629.41
      Price range $575.72 - $666.59
      Sold 5.0% shares (-389k shares) Q2 2021
      Avg closing price $515.47
      Price range $472.09 - $590.75
      Sold 10.5% shares (-903k shares) Q1 2021
      Avg closing price $467.43
      Price range $421.20 - $501.64
      Sold 9.1% shares (-864k shares) Q4 2020
      Avg closing price $483.11
      Price range $444.94 - $514.31
      Sold 13.8% shares (-1.52M shares) Q3 2020
      Avg closing price $465.18
      Price range $426.29 - $533.80

      News about Adobe Inc and PRIMECAP Management

      Adobe: Strong FCF Growth, But Growth Stabilization Needed

      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...

      seekingalpha.com seekingalpha.com, 6 months ago
      Adobe Summit 2025: Adobe AI Platform Unites Creativity and Marketing to Define the New Era of Customer Experience Orchestration

      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 ¨C the flagship digital experience conference ¨C Adobe (Nasdaq:ADBE) unveiled a suite of product innovations...

      businesswire.com businesswire.com, 6 months ago
      Why Adobe Stock Is Down So Much Today

      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...

      fool.com fool.com, 12 months ago
      Adobe (ADBE) Fell Due to Investor Concerns

      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...

      Insider Monkey Insider Monkey, over 1 year ago

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