International Business Machines (NYSE:IBM) Shares Down 3.1% – Time to Sell?

Shares of International Business Machines Corporation (NYSE:IBM) dropped 3.1% during mid-day trading on Tuesday . The stock traded as low as $238.00 and last traded at $240.7840. Approximately 4,138,667 shares changed hands during trading, a decline of 31% from the average daily volume of 6,026,137 shares. The stock had previously closed at $248.44.

International Business Machines News Summary

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

• Positive Sentiment: BofA reiterated a Buy and $340 price target after a CEO briefing, highlighting management’s agentic AI strategy as a near-term bullish catalyst for revenue and margin upside. BofA Reaffirms Buy on IBM Stock Amid Agentic AI Expansion
• Positive Sentiment: IBM rolled out watsonx-powered fan experiences for the Masters Tournament (Vault Search, Hole Insights), a high-visibility proof point for its Granite SLMs and agentic tools that can drive product credibility and marketing-led customer wins. IBM Debuts New AI Enabled Digital Experiences for the 90th Masters Tournament
• Positive Sentiment: Strategic alliances (NVIDIA, Lam Research, Bain) and quantum/AI architecture updates were highlighted as longer-term growth levers — these moves support IBM’s positioning in infrastructure, AI services, and emerging tech. IBM Alliances Highlight Quantum And AI Upside For Undervalued Shares
• Neutral Sentiment: Tradr plans single-stock leveraged ETFs that include IBM — this can elevate intraday volume and volatility (trading/flow impact) without changing fundamentals. Tradr Set to Launch Leveraged ETFs on AMZN, AAOI, HL and IBM
• Neutral Sentiment: Analyst views and price targets remain mixed (median targets high but wide dispersion); recent QuiverQuant data shows insider buys and large institutional position shifts — signals that can support rallies but also create divergence-driven trading. $IBM stock is up 3% today. Here’s what we see in our data.
• Negative Sentiment: Sector-wide tech selling hit blue-chip names (Salesforce, MSFT, AMZN, IBM), pressuring IBM’s intraday performance despite company positives — broader risk-off in tech is the primary short-term driver of weakness. Dow Wavers. It’s Getting Hit by Tech Now, Too.
• Negative Sentiment: Analyst concern around partners (example: Kyndryl’s uncertain outlook and evolving relationship) highlights execution and revenue mix risks that could weigh on services-related growth tied to IBM partnerships. Kyndryl: Limited Near-Term Upside Amid Uncertain Growth Outlook and Evolving IBM Partnership

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Jefferies Financial Group reissued a “buy” rating on shares of International Business Machines in a research note on Monday, February 23rd. Erste Group Bank downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Argus set a $360.00 target price on International Business Machines in a research report on Friday, January 30th. Bank of America boosted their target price on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of International Business Machines in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $314.60.

International Business Machines Trading Down 3.1%

The business’s 50 day simple moving average is $270.58 and its 200 day simple moving average is $285.09. The stock has a market cap of $225.86 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.42 and a beta of 0.73. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67.

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

International Business Machines Dividend Announcement

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

Insider Buying and Selling at International Business Machines

In related news, Director David N. Farr acquired 1,000 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of $304.00 per share, with a total value of $304,000.00. Following the completion of the transaction, the director directly owned 9,258 shares of the company’s stock, valued at $2,814,432. This trade represents a 12.11% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Michael Miebach bought 434 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were bought at an average price of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director owned 434 shares in the company, valued at $101,265.22. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 1,484 shares of company stock worth $417,157. Corporate insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On International Business Machines

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Family CFO Inc acquired a new stake in International Business Machines in the 4th quarter worth about $25,000. Basepoint Wealth LLC acquired a new position in shares of International Business Machines during the 4th quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. bought a new position in shares of International Business Machines during the third quarter worth approximately $28,000. Joseph Group Capital Management acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 58.96% of the company’s stock.

About International Business Machines

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.