Rep. Ro Khanna reported two February purchases of ADBE, the software giant behind Photoshop and Acrobat, with filings indicating combined transactions worth roughly $83,000 based on estimated disclosure values.
The California Democrat’s disclosure shows buying activity across two separate accounts within a week, including a smaller purchase by a spouse and a substantially larger acquisition attributed to an account labeled “DC.” The transactions occurred between Feb. 17 and Feb. 24, according to congressional trading disclosures.
Adobe Inc., which trades on the Nasdaq with a market capitalization of about $102.3 billion, is a major player in digital media and marketing software. Its subscription-driven ecosystem—Creative Cloud, Document Cloud, and Experience Cloud—has become a core infrastructure for designers, enterprises, and marketing teams worldwide. Shares recently traded around $249.32.
The February purchases were disclosed in ranges as required by the STOCK Act, the law that requires members of Congress to report securities trades within a specified timeframe.
Details of the February Adobe purchases
- Feb. 17, 2026: Buy — $1,000–$15,000 (Spouse)
- Feb. 24, 2026: Buy — $50,000–$100,000 (DC)
Taken together, the estimated midpoint values suggest about $83,000 in purchases during the weeklong window, though the precise total could vary because congressional filings disclose transactions only within broad dollar bands.
Khanna is among the more active traders in Congress. Public disclosures associated with the lawmaker show roughly 19,625 career transactions across various securities. That level of activity places him among the most prolific filers in congressional trading databases.
Tech exposure from a Silicon Valley lawmaker
Khanna represents a Silicon Valley district in California, a region deeply tied to the technology industry. While members of Congress often hold stocks in major tech companies, Adobe stands out as one of the foundational software firms in the digital content economy.
The company’s tools dominate creative workflows—from graphic design and video editing to digital document management. Investors closely follow Adobe for its recurring subscription revenue and its position at the center of digital media creation and customer experience analytics.
More than 40 lawmakers have reported trades involving Adobe, making it one of the more widely held technology names among members of Congress.
Khanna serves on the House Committee on Armed Services and the House Committee on Oversight and Government Reform, and he participates in panels focused on cybersecurity, information technology, and government innovation. Those assignments often intersect with federal technology procurement and digital infrastructure issues, though lawmakers are permitted to hold individual stocks provided they disclose transactions under federal ethics rules.
The February filings add to a steady stream of congressional market activity reported this year. Investors and transparency advocates increasingly track these disclosures to monitor patterns in lawmaker trading. Readers can review other activity through the latest congressional trades database.
For Adobe, the purchases signal continued interest from Capitol Hill investors in large-cap software companies with durable subscription models and global enterprise customer bases.