A director's $1.95M open-market buy is a notable conviction signal, especially given ADBE's 42% analyst bullish rating and recent institutional accumulation. However, the historical calibration for ADBE shows a 17% win rate at T+20 on prior reports, and the score-7 calibration for this segment shows only 31-48% observed probability of up-moves. The buy is small relative to market cap, so treat it as a modest positive signal — watch for additional insider buying or a catalyst (e.g., earnings, product launch) to confirm the thesis.
Price Chart
Executive Summary
Director David A. Ricks purchased $1.95M of ADBE stock on the open market on June 25, 2026, at $194.51/share. This is a single, large-conviction insider buy by a board member, representing a meaningful signal relative to the company's $83.9B market cap (0.0023%).
Key Financial Metrics
Key Facts
- Director David A. Ricks purchased 10,000 shares of ADBE on June 25, 2026, at $194.51/share, totaling $1.95M.
- The purchase is an open-market buy (code P), not a grant or option exercise.
- The $1.95M buy represents ~0.0023% of ADBE's $83.9B market cap, which is below the 0.1% threshold for materiality but is a large absolute dollar amount for a single director.
- ADBE has 42% analyst bullish rating (10 Strong Buy, 9 Buy) and recent institutional accumulation (10 adds vs 4 trims).
Financial Impact
Director Ricks purchased $1.95M of ADBE stock on the open market. This is a large absolute dollar amount for a single director but represents only ~0.0023% of ADBE's $83.9B market cap.
Risk Factors
- The $1.95M buy is only ~0.0023% of ADBE's $83.9B market cap, which is below the 0.1% threshold for materiality.
- Historical calibration for ADBE shows a 17% win rate at T+20 on prior reports, and the score-7 calibration for this segment shows only 31-48% observed probability of up-moves.
- A single director's buy, while notable in absolute dollars, carries less signal weight than a C-suite cluster buy.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0000796343-26-000118 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 22, 2026 10w ago | Institutional Cluster | $218.36 $272.47 | ▲ +24.78% | ▲ +21.88% | $237.88 (+8.94%) |
Jul 21, 2026 10w ago | ANALYST-DOWNGRADE | $227.16 $263.14 | ▼ −15.84% | ▼ −13.28% | $237.88 (−4.72%) |
Jul 20, 2026 10w ago | ANALYST-UPGRADE | — | awaiting T+20 | — | — |
Jul 2, 2026 13w ago | ANALYST-UPGRADE | $219.72 $247.90 | ▲ +12.83% | ▲ +13.24% | $237.88 (+8.27%) |
Jun 26, 2026 13w ago | Insider Buy | $206.43 $225.11 | ▲ +9.05% | ▲ +9.33% | $237.88 (+15.24%) |
Jun 12, 2026 16w ago | ANALYST-DOWNGRADE | $204.02 $223.64 | ▼ −9.62% | ▼ −7.84% | $237.88 (−16.60%) |
Jun 12, 2026 16w ago | ANALYST-DOWNGRADE | $204.02 $223.64 | ▼ −9.62% | ▼ −7.84% | $237.88 (−16.60%) |
Jun 11, 2026 16w ago | 8-K | $204.02 $223.64 | ▲ +9.62% | ▲ +7.84% | $237.88 (+16.60%) |
Apr 28, 2026 22w ago | Insider Cluster | $242.97 $240.49 | ▼ −1.02% | ▼ −6.49% | $237.88 (−2.09%) |
Apr 27, 2026 22w ago | ANALYST-DOWNGRADE | $239.29 $240.49 | ▼ −0.50% | ▲ +4.45% | $237.88 (+0.59%) |
US Market Status
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