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

Representative Josh Gottheimer (D-New Jersey) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on August 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on July 25th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 7/28/2025.
• 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.
• Sold $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 7/2/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 6/26/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 6/25/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/25/2025.
• Sold $1,001 – $15,000 in shares of ConocoPhillips (NYSE:COP) on 6/24/2025.

International Business Machines Stock Up 2.3%

Shares of IBM stock opened at $240.24 on Thursday. International Business Machines Corporation has a 1 year low of $190.73 and a 1 year high of $296.16. The stock has a market cap of $223.28 billion, a PE ratio of 39.00, a price-to-earnings-growth ratio of 3.62 and a beta of 0.69. The business’s fifty day moving average is $274.46 and its 200-day moving average is $258.27. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.87 and a current ratio of 0.91.

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

Institutional Trading of International Business Machines

A number of institutional investors have recently bought and sold shares of IBM. Family CFO Inc purchased a new position in International Business Machines in the second quarter valued at about $25,000. Winnow Wealth LLC purchased a new position in International Business Machines in the second quarter valued at about $27,000. Christopher J. Hasenberg Inc purchased a new position in International Business Machines in the first quarter valued at about $27,000. SSA Swiss Advisors AG purchased a new position in International Business Machines in the first quarter valued at about $28,000. Finally, Highline Wealth Partners LLC grew its stake in International Business Machines by 85.0% in the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company’s stock valued at $33,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 58.96% of the company’s stock.

Analyst Ratings Changes

IBM has been the subject of several research reports. Stifel Nicolaus raised their price objective on International Business Machines from $290.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. KGI Securities set a $242.00 price objective on International Business Machines and gave the stock a “hold” rating in a research note on Thursday, April 24th. Melius Research raised International Business Machines to a “strong-buy” rating in a research note on Monday, July 7th. Royal Bank Of Canada raised their price objective on International Business Machines from $285.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, July 17th. Finally, UBS Group raised their price objective on International Business Machines from $195.00 to $200.00 and gave the stock a “sell” rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.