Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of International Business Machines Corporation (NYSE:IBM)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on July 17th.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

International Business Machines Price Performance

Shares of NYSE IBM traded down $2.85 during midday trading on Tuesday, reaching $231.92. 883,283 shares of the company traded hands, compared to its average volume of 7,728,334. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The stock’s 50-day simple moving average is $240.81 and its 200-day simple moving average is $246.86. The firm has a market cap of $218.50 billion, a PE ratio of 20.59, a PEG ratio of 2.24 and a beta of 0.71.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company had revenue of $17.16 billion during the quarter, compared to analyst estimates of $17.46 billion. During the same quarter last year, the business posted $2.80 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio is currently 59.98%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on IBM shares. Morgan Stanley decreased their price target on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 23rd. Susquehanna upped their target price on shares of International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. Roth Capital reissued a “buy” rating on shares of International Business Machines in a research note on Wednesday, June 3rd. Weiss Ratings lowered International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Finally, Oppenheimer cut International Business Machines from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 15th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $265.90.

Insider Transactions at International Business Machines

In related news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.27% of the company’s stock.

Institutional Trading of International Business Machines

A number of hedge funds and other institutional investors have recently made changes to their positions in IBM. Parkside Financial Bank & Trust lifted its position in International Business Machines by 1.2% during the 2nd quarter. Parkside Financial Bank & Trust now owns 11,604 shares of the technology company’s stock worth $3,263,000 after buying an additional 137 shares in the last quarter. Range Advisory LLC boosted its stake in shares of International Business Machines by 47.8% during the 2nd quarter. Range Advisory LLC now owns 1,580 shares of the technology company’s stock worth $444,000 after buying an additional 511 shares during the last quarter. Capital & Planning LLC bought a new position in shares of International Business Machines in the 2nd quarter valued at about $237,000. Brown Lisle Cummings Inc. grew its holdings in shares of International Business Machines by 20.1% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 3,481 shares of the technology company’s stock valued at $979,000 after acquiring an additional 582 shares in the last quarter. Finally, Cornerstone Financial Management LLC increased its position in shares of International Business Machines by 61.2% in the second quarter. Cornerstone Financial Management LLC now owns 137 shares of the technology company’s stock valued at $39,000 after acquiring an additional 52 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

International Business Machines Company Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.