Representative Josh Gottheimer (D-New Jersey) recently bought shares of International Business Machines Co. NYSE: IBM. In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in International Business Machines stock on March 10th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Spotify Technology NYSE: SPOT on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Flywire NASDAQ: FLYW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Disco OTCMKTS: DSCSY on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Shopify NYSE: SHOP on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 3/19/2025.
- Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/19/2025.
- Sold $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 3/19/2025.
International Business Machines Stock Performance
Shares of IBM stock traded up $1.67 during mid-day trading on Tuesday, hitting $240.73. The stock had a trading volume of 2,302,200 shares, compared to its average volume of 4,210,832. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.04 and a quick ratio of 1.00. The firm has a market cap of $223.22 billion, a PE ratio of 37.55, a PEG ratio of 5.81 and a beta of 0.67. International Business Machines Co. has a fifty-two week low of $162.62 and a fifty-two week high of $266.45. The company's 50-day simple moving average is $248.67 and its 200-day simple moving average is $233.14.
International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The technology company reported $3.92 EPS for the quarter, beating the consensus estimate of $3.77 by $0.15. International Business Machines had a return on equity of 38.99% and a net margin of 9.60%. Sell-side analysts anticipate that International Business Machines Co. will post 10.78 earnings per share for the current year.
International Business Machines Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were issued a dividend of $1.67 per share. This represents a $6.68 annualized dividend and a dividend yield of 2.77%. The ex-dividend date was Monday, February 10th. International Business Machines's dividend payout ratio is presently 104.21%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Capital Advisory Group Advisory Services LLC increased its stake in International Business Machines by 3.7% during the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 10,484 shares of the technology company's stock worth $2,607,000 after buying an additional 378 shares during the period. Donaldson Capital Management LLC grew its stake in International Business Machines by 3.6% during the 1st quarter. Donaldson Capital Management LLC now owns 9,767 shares of the technology company's stock valued at $2,429,000 after purchasing an additional 343 shares in the last quarter. Ellenbecker Investment Group increased its holdings in International Business Machines by 2.6% during the 1st quarter. Ellenbecker Investment Group now owns 2,111 shares of the technology company's stock worth $525,000 after purchasing an additional 53 shares during the last quarter. USA Financial Formulas bought a new position in International Business Machines during the 1st quarter valued at $227,000. Finally, Rowlandmiller & PARTNERS.ADV grew its stake in International Business Machines by 28.8% in the first quarter. Rowlandmiller & PARTNERS.ADV now owns 3,083 shares of the technology company's stock worth $767,000 after purchasing an additional 690 shares in the last quarter. 58.96% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at International Business Machines
In related news, SVP Robert David Thomas sold 26,543 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $253.01, for a total value of $6,715,644.43. Following the sale, the senior vice president now owns 45,007 shares of the company's stock, valued at approximately $11,387,221.07. This trade represents a 37.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.18% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on IBM shares. Morgan Stanley raised their price objective on shares of International Business Machines from $217.00 to $228.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. raised their price target on International Business Machines from $233.00 to $244.00 and gave the company a "neutral" rating in a research report on Thursday, January 30th. The Goldman Sachs Group reissued a "buy" rating on shares of International Business Machines in a research note on Wednesday, February 5th. Royal Bank of Canada reiterated an "outperform" rating and issued a $276.00 price target on shares of International Business Machines in a research report on Monday. Finally, StockNews.com cut shares of International Business Machines from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $232.75.
Get Our Latest Report on IBM
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
International Business Machines Company Profile
(
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International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.
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