Adobe (NASDAQ:ADBE) Stock Acquired Sen. Markwayne Mullin

Posted by Latisha Jones on Feb 5th, 2026

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Adobe Inc. (NASDAQ:ADBE). In a filing disclosed on February 04th, the Senator disclosed that they had bought between $15,001 and $50,000 in Adobe stock on January 5th.

Senator Markwayne Mullin also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Stride (NYSE:LRN) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of APi Group (NYSE:APG) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Carpenter Technology (NYSE:CRS) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Amkor Technology (NASDAQ:AMKR) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Monolithic Power Systems (NASDAQ:MPWR) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Citigroup (NYSE:C) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of VSE (NASDAQ:VSEC) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 1/5/2026.
Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.

Adobe Price Performance

Shares of NASDAQ ADBE opened at $279.71 on Thursday. The company has a 50 day simple moving average of $326.53 and a two-hundred day simple moving average of $340.06. Adobe Inc. has a fifty-two week low of $264.04 and a fifty-two week high of $465.70. The company has a market capitalization of $114.82 billion, a price-to-earnings ratio of 16.74, a P/E/G ratio of 1.07 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00.

Adobe (NASDAQ:ADBE – Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the previous year, the firm posted $4.81 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.16% of the stock is currently owned by insiders.

Key Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe reversed course on plans to discontinue Adobe Animate after broad community backlash, putting the app into “maintenance mode” — a quick PR/operational fix that removed a key headline risk and likely helped calm creative customers. Adobe actually won’t discontinue Animate
Positive Sentiment: Semrush shareholders approved the merger agreement with Adobe, advancing a strategic acquisition that can bolster Adobe’s marketing analytics and advertising offerings. That M&A progress supports longer-term growth optionality. Semrush Shareholders Approve Merger Agreement with Adobe
Positive Sentiment: Adobe expanded its Cognizant AI partnership, a commercial move that could accelerate enterprise adoption of Adobe’s AI tools and support revenue diversification beyond creative suites. Adobe’s Expanded Cognizant AI Partnership Might Change The Case For Investing In Adobe (ADBE)
Neutral Sentiment: Broader software-sector selling pressure and debate over AI leaders (e.g., Anthropic/Claude capabilities) continue to weigh on multiples; some of Adobe’s moves reflect sector dynamics, not company-specific weakness. Why Software Is Facing A Market Sell-Off
Neutral Sentiment: Market commentary cautions against “bottom-feeding” in sell-offs, a reminder that today’s bounce may be part of a broader, volatile re-pricing in tech names. Do Stock Sell-Offs Pay Off?
Negative Sentiment: Adobe materially increased ad spending (reported ~$1.4B) as competition from AI tools rises — investors see rising marketing spend as a signal that organic demand/GTM is under strain, which can pressure margins and near-term EPS. Adobe boosts ad spending to $1.4 billion to attack fear over AI
Negative Sentiment: Several sell-side firms cut price targets or ratings (UBS, Baird, BMO) citing slower AI monetization and tougher comps, adding technical downward pressure and reducing near-term analyst support. UBS, Baird Lower PT on Adobe (ADBE)
Negative Sentiment: Stock recently hit 52-week lows and dropped materially in prior sessions amid sector weakness and worries over product strategy — a reminder that investor confidence is fragile despite today’s rebound. Is Adobe Stock Now A Falling Knife?
Negative Sentiment: The initial announcement to retire Adobe Animate (before the reversal) triggered significant backlash and negative publicity — evidence that execution missteps on legacy products can quickly erode goodwill with creative customers. Adobe Ends Animate, Abandoning Millions Of Artists Amid AI Push

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Mizuho dropped their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. BMO Capital Markets cut shares of Adobe from an “outperform” rating to a “market perform” rating and cut their price target for the company from $400.00 to $375.00 in a report on Friday, January 9th. Barclays restated an “overweight” rating and issued a $415.00 price objective on shares of Adobe in a report on Friday, December 5th. Finally, Stifel Nicolaus cut their target price on Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $391.81.

Check Out Our Latest Report on ADBE

Institutional Trading of Adobe

Several large investors have recently modified their holdings of ADBE. Western Pacific Wealth Management LP bought a new stake in shares of Adobe during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Adobe in the third quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Adobe during the third quarter valued at approximately $27,000. LSV Asset Management increased its holdings in Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after buying an additional 56 shares during the last quarter. Finally, Caitlin John LLC bought a new position in Adobe in the third quarter worth approximately $28,000. Institutional investors own 81.79% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About Adobe

(Get Free Report)

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.