Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Adobe Inc. (NASDAQ:ADBE). In a filing disclosed on October 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Adobe stock on October 15th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/15/2025.
- Purchased $1,001 – $15,000 in shares of Novo Nordisk A/S (NYSE:NVO) on 10/15/2025.
- Purchased $1,001 – $15,000 in shares of Exelon (NASDAQ:EXC) on 10/15/2025.
- Purchased $1,001 – $15,000 in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) on 10/15/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 10/15/2025.
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/9/2025.
- Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 10/9/2025.
- Purchased $1,001 – $15,000 in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) on 10/9/2025.
- Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 9/11/2025.
- Purchased $1,001 – $15,000 in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) on 9/11/2025.
Adobe Trading Down 1.0%
Shares of Adobe stock opened at $354.09 on Thursday. The firm has a market cap of $148.22 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 1.60 and a beta of 1.49. The business has a 50-day moving average price of $351.63 and a 200-day moving average price of $368.54. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. Adobe Inc. has a twelve month low of $327.50 and a twelve month high of $557.90.
Analysts Set New Price Targets
ADBE has been the subject of a number of research analyst reports. Melius lowered Adobe from a “hold” rating to a “sell” rating and set a $310.00 price objective for the company. in a research report on Monday, August 11th. Redburn Atlantic lowered Adobe from a “hold” rating to a “strong sell” rating and dropped their target price for the company from $420.00 to $280.00 in a research report on Wednesday, July 2nd. Piper Sandler dropped their target price on Adobe from $500.00 to $470.00 and set an “overweight” rating for the company in a research report on Friday, September 12th. Redburn Partners set a $280.00 target price on Adobe in a research report on Monday, September 1st. Finally, Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $433.41.
Read Our Latest Report on ADBE
Institutional Trading of Adobe
Several institutional investors and hedge funds have recently modified their holdings of the stock. APS Management Group Inc. bought a new stake in shares of Adobe during the third quarter valued at approximately $347,000. Sather Financial Group Inc raised its stake in Adobe by 22.9% in the third quarter. Sather Financial Group Inc now owns 153,688 shares of the software company’s stock worth $54,213,000 after buying an additional 28,617 shares in the last quarter. Absher Wealth Management LLC raised its stake in Adobe by 23.6% in the third quarter. Absher Wealth Management LLC now owns 6,868 shares of the software company’s stock worth $2,423,000 after buying an additional 1,313 shares in the last quarter. CoreCap Advisors LLC raised its stake in Adobe by 9.5% in the third quarter. CoreCap Advisors LLC now owns 380 shares of the software company’s stock worth $134,000 after buying an additional 33 shares in the last quarter. Finally, North Star Investment Management Corp. raised its stake in Adobe by 7.6% in the third quarter. North Star Investment Management Corp. now owns 1,505 shares of the software company’s stock worth $531,000 after buying an additional 106 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.
About Adobe
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.
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