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

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 Stock Performance

NYSE IBM opened at $234.77 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The stock has a 50-day moving average of $240.81 and a 200 day moving average of $246.86. The stock has a market capitalization of $221.18 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71.

International Business Machines (NYSE:IBM) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.93. The firm had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.80 EPS. Sell-side analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.

International Business Machines Dividend Announcement

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

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction 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 transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

IBM has been the subject of several research analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $270.00 price target on shares of International Business Machines in a research report on Tuesday, July 21st. BMO Capital Markets decreased their price objective on International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Wedbush set a $350.00 target price on shares of International Business Machines in a research note on Tuesday, June 2nd. 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. Finally, HSBC set a $175.00 price objective on shares of International Business Machines and gave the company a “reduce” rating in a research note on Thursday, July 16th. Sixteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.90.

Institutional Trading of International Business Machines

Hedge funds and other institutional investors have recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its holdings in shares of 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 purchasing an additional 137 shares during the period. Range Advisory LLC lifted its position in International Business Machines by 47.8% in the second quarter. Range Advisory LLC now owns 1,580 shares of the technology company’s stock valued at $444,000 after buying an additional 511 shares during the last quarter. Capital & Planning LLC purchased a new position in International Business Machines during the second quarter worth about $237,000. Brown Lisle Cummings Inc. increased its position in shares of International Business Machines by 20.1% during the second 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 during the last quarter. Finally, Cornerstone Financial Management LLC lifted its holdings in shares of International Business Machines by 61.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 137 shares of the technology company’s stock worth $39,000 after acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

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.