{
  "id": 8334292,
  "title": "Adobe CEO Shantanu Narayen sells $31.3m in shares",
  "url": "https://urgent.news/2026/09/18/adobe-ceo-shantanu-narayen-sells-31-3m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T23:46:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/adobe-ceo-shantanu-narayen-sells-313m-in-shares-93CH-4907995"
  },
  "original_language": "en",
  "account": null,
  "summary": "Adobe CEO Shantanu Narayen sold 125,000 shares of the company's common stock on September 16 and 17, 2026, for a total of approximately $31,344,876. The sales occurred at prices ranging from $246.0861 to $253.6366 per share, with the transactions primarily made for tax and estate planning purposes. Despite the insider sale, Adobe stock has declined 29% year-to-date, but an InvestingPro analysis suggests the stock is currently undervalued. Meanwhile, Adobe reported strong third-quarter earnings growth of 12% and maintained its full-year annual recurring revenue outlook and guidance, leading to varying reactions from analysts who adjusted their price targets upwards or maintained a cautious stance.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}