Clearbridge Investments LLC trimmed its holdings in shares of Adobe Inc. ( NASDAQ:ADBE – Get Rating ) by 3.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,788,423 shares of the software company's stock after selling 72,891 shares during the quarter. Clearbridge Investments LLC's holdings in Adobe were worth $601,858,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADBE.

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