International Business Machines (NYSE:IBM) Shares Up 1.9% After Insider Buying Activity

International Business Machines Corporation (NYSE:IBM)’s stock price was up 1.9% on Thursday following insider buying activity. The stock traded as high as $247.49 and last traded at $242.05. Approximately 7,314,143 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 6,053,305 shares. The stock had previously closed at $237.54.

Specifically, Director Michael Miebach purchased 434 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the transaction, the director directly owned 434 shares of the company’s stock, valued at approximately $101,265.22. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Erste Group Bank lowered shares of International Business Machines from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Oppenheimer set a $380.00 price target on International Business Machines and gave the company an “outperform” rating in a research note on Thursday, January 29th. BMO Capital Markets reiterated a “market perform” rating and issued a $350.00 price objective on shares of International Business Machines in a research report on Thursday, January 29th. Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a report on Wednesday, December 10th. Finally, Evercore upped their target price on International Business Machines from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $320.87.

International Business Machines News Summary

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

• Positive Sentiment: UBS upgraded IBM from “Sell” to “Neutral,” helping spark buyer interest and supporting a short-term rebound. Read More.
• Positive Sentiment: IBM won a Department of War contract (ceiling ~$112M) to modernize electronic shelf labels, a concrete services win that supports revenue visibility in its consulting/systems business. Read More.
• Positive Sentiment: Company directors made small open-market purchases (including Michael Miebach and Michelle Howard), a signal of insider confidence that can bolster investor sentiment after volatility. Read More.
• Positive Sentiment: Several analyst notes and deep-dive pieces argue the recent selloff was overdone given strong Q4 results, record free cash flow and strategic AI/cloud assets — supporting a recovery narrative. Read More.
• Neutral Sentiment: Morgan Stanley trimmed its price target to $247 and set an “equal weight” rating, which moderates expectations and keeps upside capped near current levels. Read More.
• Neutral Sentiment: IBM published its 2026 X‑Force Threat Intelligence Index (ransomware surge and AI-accelerated attacks), which underlines both growing cybersecurity demand (opportunity) and rising threat landscape (risk). Read More.
• Negative Sentiment: The principal near-term downside remains AI-startup disruption fears after Anthropic’s Claude Code claim (automation of COBOL modernization) triggered a sharp selloff; the market is still weighing how quickly enterprise modernization demand could change. Read More.

International Business Machines Stock Up 1.9%

The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67. The business has a 50-day simple moving average of $288.39 and a two-hundred day simple moving average of $283.56. The stock has a market capitalization of $227.05 billion, a P/E ratio of 21.71, a PEG ratio of 2.38 and a beta of 0.69.

International Business Machines (NYSE:IBM) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The company had revenue of $19.69 billion during the quarter, compared to analysts’ expectations of $19.23 billion. During the same period last year, the business earned $3.92 earnings per share. The business’s revenue was up 12.2% on a year-over-year basis. Equities research analysts forecast that International Business Machines Corporation will post 10.78 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $1.68 per share. This represents a $6.72 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, February 10th. International Business Machines’s dividend payout ratio is currently 60.27%.

Institutional Trading of International Business Machines

Hedge funds have recently modified their holdings of the company. Brighton Jones LLC increased its stake in shares of International Business Machines by 12.4% in the fourth quarter. Brighton Jones LLC now owns 21,011 shares of the technology company’s stock valued at $4,619,000 after buying an additional 2,323 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in International Business Machines by 10.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,938 shares of the technology company’s stock worth $571,000 after acquiring an additional 186 shares during the last quarter. Bank of Jackson Hole Trust increased its position in International Business Machines by 24.4% in the 2nd quarter. Bank of Jackson Hole Trust now owns 484 shares of the technology company’s stock valued at $143,000 after acquiring an additional 95 shares in the last quarter. Bristlecone Advisors LLC increased its position in International Business Machines by 3.2% in the 2nd quarter. Bristlecone Advisors LLC now owns 2,387 shares of the technology company’s stock valued at $704,000 after acquiring an additional 73 shares in the last quarter. Finally, Premier Path Wealth Partners LLC raised its stake in shares of International Business Machines by 9.2% in the second quarter. Premier Path Wealth Partners LLC now owns 6,196 shares of the technology company’s stock worth $1,827,000 after acquiring an additional 523 shares during the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

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.