Rep. Josh Gottheimer Sells International Business Machines Corporation (NYSE:IBM) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on September 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on August 12th. 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 Natera (NASDAQ:NTRA) on 8/22/2025.
• Sold $1,001 – $15,000 in shares of Sysmex (OTCMKTS:SSMXY) on 8/21/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 8/12/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 8/1/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 7/28/2025.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 7/25/2025.
• Sold $1,001 – $15,000 in shares of Natera (NASDAQ:NTRA) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/18/2025.
• Sold $1,001 – $15,000 in shares of Independence Realty Trust (NYSE:IRT) on 7/16/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 7/14/2025.

International Business Machines Stock Up 3.1%

IBM stock opened at $256.20 on Tuesday. International Business Machines Corporation has a 1-year low of $201.43 and a 1-year high of $296.16. The business has a fifty day moving average price of $260.31 and a 200-day moving average price of $256.97. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.91 and a quick ratio of 0.87. The stock has a market capitalization of $238.11 billion, a P/E ratio of 41.59, a P/E/G ratio of 3.83 and a beta of 0.71.

International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.15. The firm had revenue of $16.98 billion during the quarter, compared to analysts’ expectations of $16.58 billion. International Business Machines had a return on equity of 37.62% and a net margin of 9.11%.The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. Equities analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 8th will be paid a $1.68 dividend. The ex-dividend date is Friday, August 8th. This represents a $6.72 annualized dividend and a dividend yield of 2.6%. International Business Machines’s payout ratio is currently 109.09%.

Institutional Trading of International Business Machines

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Alternative Investment Advisors LLC. increased its position in International Business Machines by 0.7% in the second quarter. Alternative Investment Advisors LLC. now owns 10,854 shares of the technology company’s stock worth $3,199,000 after buying an additional 71 shares in the last quarter. Reynders McVeigh Capital Management LLC increased its position in International Business Machines by 3.3% in the second quarter. Reynders McVeigh Capital Management LLC now owns 125,244 shares of the technology company’s stock worth $36,919,000 after buying an additional 4,047 shares in the last quarter. V. M. Manning & CO. Inc. purchased a new stake in International Business Machines in the second quarter worth about $766,000. Osaic Holdings Inc. increased its position in International Business Machines by 2.1% in the second quarter. Osaic Holdings Inc. now owns 409,678 shares of the technology company’s stock worth $119,903,000 after buying an additional 8,358 shares in the last quarter. Finally, Q3 Asset Management purchased a new stake in International Business Machines in the second quarter worth about $302,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IBM. Melius Research upgraded International Business Machines to a “strong-buy” rating in a research report on Monday, July 7th. Wall Street Zen upgraded International Business Machines from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Stifel Nicolaus upped their price objective on International Business Machines from $290.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Erste Group Bank cut International Business Machines from a “buy” rating to a “hold” rating in a research report on Thursday, August 14th. Finally, UBS Group upped their price objective on International Business Machines from $195.00 to $200.00 and gave the company a “sell” rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $268.75.

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

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.