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Dana Rao Biography and Net Worth

EVP of Adobe

Dana Rao J.D. serves as Executive Vice President, General Counsel and Corporate Secretary of the Company. Mr. Rao currently serves as our Executive Vice President, General Counsel and Corporate Secretary. He joined Adobe in April 2012 and served as our Vice President, Intellectual Property and Litigation where he spearheaded strategic initiatives including the company’s litigation efforts, and its patent, trademark and copyright portfolio strategies until June 2018. Prior to joining Adobe, Mr. Rao was with Microsoft Corporation for 11 years, serving in a variety of roles including Associate General Counsel of Intellectual Property and Licensing, where he oversaw all patent matters for Microsoft’s entertainment and devices division as well as the company-wide patent acquisition team. From 1997 until March 2001, he served as a patent attorney at Fenwick & West. He holds a B.S. in Electrical Engineering from Villanova University and a J.D. from George Washington University.

What is Dana Rao's net worth?: The estimated net worth of Dana Rao is at least $7.81 million as of June 23rd, 2023. Mr. Rao owns 17,466 shares of Adobe stock worth more than $7,810,271 as of December 22nd. This net worth estimate does not reflect any other investments that Mr. Rao may own. Learn More about Dana Rao's net worth.
How old is Dana Rao?: Mr. Rao is currently 54 years old. There are 8 older executives and no younger executives at Adobe. The oldest executive at Adobe is Ms. Cynthia A. Stoddard, Senior VP & Chief Information Officer, who is 67 years old. Learn More on Dana Rao's age.
How do I contact Dana Rao?: The corporate mailing address for Mr. Rao and other Adobe executives is 345 PARK AVE, SAN JOSE CA, 95110. Adobe can also be reached via phone at (408) 536-6000 and via email at [email protected]. Learn More on Dana Rao's contact information.
Has Dana Rao been buying or selling shares of Adobe?: Dana Rao has not been actively trading shares of Adobe within the last three months. Most recently, Dana Rao sold 2,600 shares of the business's stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $480.21, for a transaction totalling $1,248,546.00. Following the completion of the sale, the executive vice president now directly owns 17,466 shares of the company's stock, valued at $8,387,347.86. Learn More on Dana Rao's trading history.
Who are Adobe's active insiders?: Adobe's insider roster includes Amy Banse (Director), Scott Belsky (EVP), Anil Chakravarthy (Insider), Gloria Chen (EVP), Michael Dillon (EVP), Daniel Durn (CFO), Mark Garfield (CAO), Mark Garrett (CFO), Marshall Kiev (CEO), Bryan Lamkin (EVP), Ann Lewnes (CMO), Donna Morris (EVP), John Murphy (CFO), Shantanu Narayen (Chairman & CEO), Abhay Parasnis (EVP), Dana Rao (EVP), Bradley Rencher (EVP), David Ricks (Director), David Wadhwani (Insider), John Warnock (Director), and John Warnock (Director). Learn More on Adobe's active insiders.
Are insiders buying or selling shares of Adobe?: In the last year, Adobe insiders bought shares 1 times. They purchased a total of 15 shares worth more than $8,505.45. In the last year, insiders at the software company sold shares 22 times. They sold a total of 109,484 shares worth more than $60,764,408.11. The most recent insider tranaction occured on December, 6th when Director Amy Banse sold 606 shares worth more than $333,300.00. Insiders at Adobe own 0.2% of the company. Learn More about insider trades at Adobe.
Information on this page was last updated on 12/6/2024.

Dana Rao Insider Trading History at Adobe

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/23/2023	Sell	2,600	$480.21	$1,248,546.00	17,466
12/20/2022	Sell	5,018	$336.93	$1,690,714.74	14,832
1/28/2022	Sell	5,300	$507.25	$2,688,425.00
10/26/2021	Sell	489	$650.91	$318,294.99
7/27/2021	Sell	488	$621.71	$303,394.48	14,579
6/21/2021	Sell	2,833	$563.12	$1,595,318.96	20,144
5/5/2021	Sell	4,692	$495.34	$2,324,135.28	18,803
2/1/2021	Sell	2,681	$467.94	$1,254,547.14	18,732
6/16/2020	Sell	2,025	$411.61	$833,510.25	17,198
7/30/2019	Sell	2,832	$303.36	$859,115.52
3/18/2019	Sell	5,955	$255.08	$1,519,001.40	17,087

Dana Rao Buying and Selling Activity at Adobe

Adobe Company Overview

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, and communicators. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. It also provides consulting, technical support, and learning services. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Today's Range

Now: $447.17

$432.47

$451.42

50 Day Range

MA: $500.48

$437.39

$552.96

2 Week Range

Now: $447.17

$432.47

$638.25

Volume

8,093,080 shs

Average Volume

3,306,217 shs

Market Capitalization

$196.84 billion

P/E Ratio

36.06

Dividend Yield

N/A

Beta

1.29

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