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

Posted by Kyle Jackson on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in International Business Machines stock on April 14th.

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

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

International Business Machines Stock Performance

Shares of International Business Machines stock traded down $2.71 on Tuesday, reaching $220.84. 1,154,785 shares of the stock were exchanged, compared to its average volume of 5,902,201. The firm has a market capitalization of $207.56 billion, a PE ratio of 19.53, a PEG ratio of 2.38 and a beta of 0.58. International Business Machines Corporation has a 1-year low of $220.47 and a 1-year high of $324.90. The business has a fifty day moving average price of $242.51 and a two-hundred day moving average price of $277.03. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75.

International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.10. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.The company had revenue of $15.92 billion for the quarter, compared to analyst estimates of $15.60 billion. During the same quarter in the previous year, the company earned $1.60 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, research analysts anticipate that International Business Machines Corporation will post 12.4 earnings per share for the current fiscal year.

International Business Machines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $1.69 dividend. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. The ex-dividend date is Friday, May 8th. This represents a $6.76 annualized dividend and a dividend yield of 3.1%. International Business Machines’s dividend payout ratio (DPR) is 59.77%.

Hedge Funds Weigh In On International Business Machines

A number of large investors have recently bought and sold shares of IBM. CVA Family Office LLC lifted its position in International Business Machines by 1.4% during the fourth quarter. CVA Family Office LLC now owns 2,389 shares of the technology company’s stock valued at $708,000 after buying an additional 33 shares in the last quarter. Foster Group Inc. lifted its stake in shares of International Business Machines by 1.3% during the fourth quarter. Foster Group Inc. now owns 2,507 shares of the technology company’s stock worth $742,000 after purchasing an additional 33 shares in the last quarter. New Covenant Trust Company N.A. boosted its position in shares of International Business Machines by 3.8% in the fourth quarter. New Covenant Trust Company N.A. now owns 905 shares of the technology company’s stock worth $264,000 after buying an additional 33 shares during the period. McGowan Group Asset Management Inc. boosted its position in shares of International Business Machines by 1.2% in the fourth quarter. McGowan Group Asset Management Inc. now owns 2,693 shares of the technology company’s stock worth $798,000 after buying an additional 33 shares during the period. Finally, CFS Investment Advisory Services LLC grew its stake in shares of International Business Machines by 0.4% in the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company’s stock valued at $2,878,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Analysts Set New Price Targets

IBM has been the topic of several research analyst reports. Evercore boosted their target price on shares of International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Citigroup began coverage on shares of International Business Machines in a research note on Friday, April 10th. They issued a “buy” rating and a $285.00 price objective for the company. 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. Argus set a $360.00 target price on shares of International Business Machines in a report on Friday, January 30th. Finally, HSBC upgraded shares of International Business Machines from a “reduce” rating to a “hold” rating and lifted their price target for the company from $218.00 to $231.00 in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $294.41.

Read Our Latest Research Report on International Business Machines

Insiders Place Their Bets

In other news, Director Michael Miebach acquired 434 shares of the stock in a transaction on Wednesday, February 25th. The stock was bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the completion of the transaction, the director directly owned 434 shares of the company’s stock, valued at $101,265.22. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.27% of the stock is currently owned by corporate insiders.

Key Stories Impacting International Business Machines

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

Positive Sentiment: IBM launched Red Hat AI Inference on IBM Cloud and Red Hat OpenShift Virtualization Service, new managed services aimed at accelerating enterprise AI adoption and securely running virtualized workloads at scale. IBM Announces Red Hat AI Inference and Red Hat OpenShift Virtualization Service on IBM Cloud
Positive Sentiment: The new AI and cloud products reinforce IBM’s strategy to monetize enterprise demand for AI, hybrid cloud, and secure infrastructure services, which could support longer-term revenue growth. IBM Announces Red Hat AI Inference and Red Hat OpenShift Virtualization Service on IBM Cloud
Neutral Sentiment: Commentary pieces suggest IBM remains in focus because investors are trying to determine whether its AI expansion can improve market momentum and help justify the stock’s recent weakness. Can IBM Technology Expansion Lift NYSE Composite Momentum?
Neutral Sentiment: Analyst and media coverage notes that IBM has beaten earnings estimates, but the stock has continued to slide as investors wait for clearer evidence that AI and software growth can reaccelerate the business. IBM Beats Earnings Expectations—So Why Is The Stock Still Sliding And Momentum Collapsing?
Negative Sentiment: IBM is also facing a lawsuit over alleged racially discriminatory layoffs, which could add governance and ESG concerns and create a reputational overhang for the shares. IBM Lawsuit Over Black Executive Layoffs Tests Governance And ESG Story
Negative Sentiment: Some market commentary highlights weak forward earnings expectations, suggesting investors may be skeptical that IBM’s current strategy will deliver enough near-term upside. Erste Group Bank Has Weak Forecast for IBM FY2027 Earnings

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.