International Business Machines (NYSE:IBM) Stock Sale Revealed by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on October 20th. The trade occurred in the Representative’s “ET IRA” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.

International Business Machines Stock Performance

IBM opened at $253.18 on Thursday. The company has a 50 day simple moving average of $234.26 and a two-hundred day simple moving average of $250.43. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.85 and a quick ratio of 0.80. The firm has a market cap of $239.29 billion, a P/E ratio of 21.58, a PEG ratio of 2.50 and a beta of 0.73. International Business Machines Corporation has a 1-year low of $199.19 and a 1-year high of $332.46.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, October 21st. The technology company reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.10. International Business Machines had a net margin of 15.99% and a return on equity of 34.37%. The company had revenue of $17.10 billion for the quarter, compared to analysts’ expectations of $16.82 billion. During the same quarter in the previous year, the company earned $2.65 EPS. International Business Machines’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities analysts forecast that International Business Machines Corporation will post 12.41 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, November 10th. International Business Machines’s dividend payout ratio is presently 57.63%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in International Business Machines in the second quarter worth about $21,586,659,000. Bank of America Corp DE bought a new position in shares of International Business Machines during the second quarter valued at approximately $4,214,868,000. Bank of New York Mellon Corp bought a new position in shares of International Business Machines during the second quarter valued at approximately $2,606,782,000. Legal & General Group Plc purchased a new stake in shares of International Business Machines in the second quarter worth approximately $1,874,733,000. Finally, Wellington Management Group LLP raised its holdings in shares of International Business Machines by 2,362.2% in the second quarter. Wellington Management Group LLP now owns 6,549,393 shares of the technology company’s stock worth $1,841,755,000 after buying an additional 6,283,395 shares during the period. Institutional investors own 58.96% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on IBM shares. Morgan Stanley lifted their target price on International Business Machines from $238.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday, October 22nd. Sanford C. Bernstein lowered their target price on shares of International Business Machines from $280.00 to $230.00 and set a “market perform” rating on the stock in a report on Thursday, July 23rd. Weiss Ratings upgraded shares of International Business Machines from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 14th. Evercore cut their target price on shares of International Business Machines from $310.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, July 16th. Finally, Craig Hallum started coverage on shares of International Business Machines in a report on Wednesday, August 19th. They issued a “buy” rating on the stock. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $266.12.

International Business Machines News Summary

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

• Positive Sentiment: Five-year USTA renewal supports IBM’s AI and cloud credentials. IBM will remain the US Open’s Official AI and Cloud Partner through 2031 after its technology supported more than 270 million digital engagements during the 2026 tournament. The deal provides recurring visibility for IBM’s cloud, data and AI capabilities, although its financial impact was not disclosed. USTA and IBM Announce Five-Year Renewal of Longstanding Partnership
• Positive Sentiment: Quantum-computing progress reinforces IBM’s long-term growth narrative. Reports highlighted an IBM breakthrough involving the connection of quantum processors with approximately 99% accuracy. While quantum commercialization remains uncertain, the development may strengthen IBM’s position in a strategically important technology market. IBM Achieves 99% Accuracy in Major Quantum Computing Breakthrough
• Positive Sentiment: Expected free-cash-flow growth is a key bullish argument. IBM reportedly expects 2026 free cash flow to increase by more than $1 billion. Stronger cash generation could support dividends, debt reduction and investment in AI and cloud offerings, helping investors look past slower growth in parts of the legacy business. A $1 Billion Reason to Consider Buying the IBM Stock Dip
• Neutral Sentiment: AI growth prospects are being weighed against valuation and competition. A comparison with Qualcomm notes IBM’s expanding AI footprint but also highlights differing growth rates, competitive pressures and valuations. Separately, IBM is listed among major vendors in expanding AI-driven battery warranty analytics and drug-safety markets, though these reports do not indicate new contracts or material revenue. IBM vs. Qualcomm: Which AI Tech Giant Has More Upside Now?
• Negative Sentiment: Technical and analyst caution could limit gains. IBM recently fell below its 200-day moving average and underperformed some peers, while Susquehanna maintained a Hold rating. These signals suggest investors remain cautious about valuation and execution despite the company’s AI and quantum initiatives. International Business Machines Shares Break Below Two Hundred Day Moving Average

Insider Activity

In related news, SVP Robert Thomas sold 25,000 shares of the business’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 completion of the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

International Business Machines Company Profile

International Business Machines Corporation (NYSE:IBM), commonly known as IBM, is a global technology and consulting company that helps organizations modernize their information technology and business operations. Its offerings include hybrid cloud solutions, artificial intelligence software and services, enterprise software, IT infrastructure, cybersecurity, data analytics, and technology consulting.

IBM provides products and services to businesses, governments, and other institutions across industries and regions worldwide.