Adobe (ADBE) makes a big fat offer for Omniture (OMTR). Adobe stock drops and Omniture climbs smartly. Adobe has been acquiring to keep its competitive position. Omniture is the “snack du jour”. Given that Adobe must acquire its very interesting to follow insider trading for the past two months or so. Surely these officers understood that a particular take over was contemplated. Surely these officers understood that Adobe stock would drop. Surely these officers still profited from insights not available in the open market place.
The list is an impressive one
Robert Tarkoff SVP Business Productivity Solutions
John Warnock Chairman of Board
Karen Cottle Counsel
Charles Gescheke Chairman of Board
Kevin Lynch SVP Chief Technology Officer
By the way they all sold.