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

Posted by Stacy Sanders on Apr 10th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $15,001 and $50,000 in International Business Machines stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

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

Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

International Business Machines Stock Down 2.7%

Shares of International Business Machines stock traded down $6.50 on Friday, hitting $230.68. The company had a trading volume of 5,859,188 shares, compared to its average volume of 5,717,025. The stock has a market capitalization of $216.39 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 2.41 and a beta of 0.69. International Business Machines Corporation has a 1 year low of $220.72 and a 1 year high of $324.90. The stock has a 50 day moving average of $255.75 and a 200-day moving average of $283.31. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96.

International Business Machines (NYSE:IBM – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. The firm had revenue of $19.69 billion during the quarter, compared to the consensus estimate of $19.23 billion. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.92 earnings per share. As a group, sell-side analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current year.

International Business Machines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were paid a $1.68 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $6.72 annualized dividend and a dividend yield of 2.9%. International Business Machines’s dividend payout ratio is 60.27%.

Key International Business Machines News

Here are the key news stories impacting International Business Machines this week:

Positive Sentiment: Citi initiated coverage with a Buy rating and a $285 price target, giving a clear near-term bullish signal and supporting upside vs. current levels. This 5-Star Analyst Just Gave IBM Stock a Buy Rating
Positive Sentiment: IBM’s role in the new Shared AI License (SAIL) framework positions it as a leader in collaborative AI patents — a strategic move that can protect and monetize its AI/IP portfolio over the long term. IBM’s SAIL Move Reframes AI Patent Sharing And Long Term Moat
Positive Sentiment: Coverage of quantum computing ETFs highlights IBM’s expanded quantum roadmap (alongside peers), reinforcing a growth narrative that could drive multiple expansion if the market prices quantum as a new platform. The Quantum Computing ETF That Could Be Bigger Than AI
Neutral Sentiment: Jim Cramer mentioned IBM in a short list of stocks after recent market moves — a visibility boost but not a definitive catalyst for price direction. Jim Cramer Reviewed 5 Stocks, Including IBM
Negative Sentiment: Several analysts trimmed price targets and guidance comments (Stifel and others cited currency and geopolitical headwinds), creating downward pressure by reducing upside expectations. Stifel Resets IBM Stock Price Target Ahead of Earnings
Negative Sentiment: Newsflow noting analyst downgrades and underperformance vs. peers is feeding short-term selling and sentiment-driven weakness. IBM Trading Down Following Analyst Downgrade
Negative Sentiment: Market-data and institutional activity show notable portfolio rebalancing (large recent reductions by some asset managers) and intraday searches/volume spikes — signals that can amplify volatility and push the stock lower in the near term. $IBM stock is down 3% today – Quiver Quant

Institutional Trading of International Business Machines

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in International Business Machines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 97,216,131 shares of the technology company’s stock worth $28,796,390,000 after buying an additional 1,439,824 shares in the last quarter. State Street Corp grew its position in International Business Machines by 1.0% during the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock worth $16,290,452,000 after buying an additional 518,321 shares in the last quarter. Geode Capital Management LLC grew its position in International Business Machines by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock worth $6,679,105,000 after buying an additional 336,069 shares in the last quarter. Capital World Investors grew its position in International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after buying an additional 4,976,756 shares in the last quarter. Finally, Norges Bank purchased a new position in International Business Machines during the fourth quarter worth about $2,446,429,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Michael Miebach acquired 434 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was purchased at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the acquisition, the director owned 434 shares of the company’s stock, valued at $101,265.22. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director David N. Farr acquired 1,000 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was purchased at an average price of $304.00 per share, with a total value of $304,000.00. Following the completion of the acquisition, the director directly owned 9,258 shares in the company, valued at approximately $2,814,432. This represents a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 1,484 shares of company stock valued at $417,157. 0.27% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently commented on IBM. Oppenheimer set a $380.00 price target on International Business Machines and gave the company an “outperform” rating in a research report on Thursday, January 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of International Business Machines in a research report on Monday, February 23rd. Royal Bank Of Canada set a $361.00 price target on International Business Machines in a research report on Thursday, January 29th. Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday, January 19th. Finally, Bank of America increased their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $309.63.

Read Our Latest Analysis on International Business Machines

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

(Get Free Report)

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.