Rep. Jonathan L. Jackson Sells International Business Machines Corporation (NYSE:IBM) Shares

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $50,001 and $100,000 in International Business Machines stock on February 17th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.
• Sold $50,001 – $100,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/5/2026.

International Business Machines Stock Up 0.9%

Shares of IBM traded up $2.12 during mid-day trading on Wednesday, hitting $242.71. 900,798 shares of the company’s stock were exchanged, compared to its average volume of 5,946,113. The stock has a market cap of $227.67 billion, a price-to-earnings ratio of 21.77, a P/E/G ratio of 2.49 and a beta of 0.73. The firm has a fifty day moving average of $269.34 and a two-hundred day moving average of $285.04. 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 Corporation has a twelve month low of $214.50 and a twelve month high of $324.90.

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

International Business Machines Dividend Announcement

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

More International Business Machines News

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

• Positive Sentiment: ElevenLabs partnership expands IBM’s watsonx Orchestrate with premium TTS/STT voice capabilities, enabling natural, multilingual, enterprise‑grade conversational AI — a capability that can help watsonx win larger contact‑center and agentic AI deals. Enterprise AI Finds its Voice
• Positive Sentiment: BofA reiterated a Buy and a $340 price target following meetings with CEO Arvind Krishna — a strong sell‑side endorsement that supports upside vs. current levels and may attract momentum buyers. BofA Reaffirms Buy on IBM Stock
• Positive Sentiment: IBM’s watsonx features for the Masters Tournament (Vault Search, Hole Insights) provide a high‑profile showcase for Granite small LMs and agentic workflows — useful marketing and proof‑of‑concept for sports, media and other data‑intensive customers. Masters AI Experience Launch
• Positive Sentiment: Street consensus remains constructive (multiple buy/outperform ratings and a recent “Moderate Buy” consensus), signaling continued analyst support and a relatively high median price target vs. current trading. Consensus Rating of Moderate Buy
• Neutral Sentiment: Coverage pieces list IBM among leading integration and iPaaS vendors — a reminder of IBM’s broad enterprise software footprint but not a direct near‑term revenue catalyst. Top Integration Tools in 2026
• Neutral Sentiment: New single‑stock leveraged ETFs including IBM could increase intraday volume and volatility for traders, but don’t change fundamentals. Tradr Set to Launch Leveraged ETFs
• Negative Sentiment: Broader tech selling has pressured blue‑chip indices and weighed on IBM at times this week — macro/market risk can mute stock gains even when company news is positive. Dow Wavers — Tech Selling
• Negative Sentiment: Investor caution pieces question whether IBM can sustain outperformance and adapt to fast‑moving AI competition — these narratives can cap multiple expansion and lead some investors to take profits. Should You Buy IBM Stock on the Dip?

Insiders Place Their Bets

In related news, 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. Also, Director David N. Farr acquired 1,000 shares of the business’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 transaction, the director directly owned 9,258 shares of the company’s stock, valued at $2,814,432. The trade was a 12.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 1,484 shares of company stock worth $417,157 in the last ninety days. 0.27% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on IBM. Oppenheimer set a $380.00 price target on International Business Machines and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Royal Bank Of Canada set a $361.00 price objective on International Business Machines in a research note on Thursday, January 29th. Dbs Bank raised International Business Machines from a “hold” rating to a “moderate buy” rating in a research report on Monday, January 19th. Bank of America increased their price target on International Business Machines from $315.00 to $335.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reissued 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 given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, International Business Machines presently has a consensus rating of “Moderate Buy” and an average price target of $314.60.

Hedge Funds Weigh In On International Business Machines

A number of institutional investors have recently made changes to their positions in IBM. J. Derek Lewis & Associates Inc. bought a new stake in International Business Machines during the 4th quarter valued at approximately $465,000. Purpose Unlimited Inc. bought a new position in International Business Machines in the 4th quarter worth approximately $817,000. Cornerstone Planning LLC acquired a new position in shares of International Business Machines during the fourth quarter worth approximately $4,366,000. Forty three Eighteen Advisors LLC acquired a new position in shares of International Business Machines during the fourth quarter worth approximately $2,063,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of International Business Machines by 20.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 564,188 shares of the technology company’s stock valued at $167,118,000 after acquiring an additional 95,065 shares during the period. 58.96% of the stock is currently owned by institutional investors.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.