Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of International Business Machines Corporation (NYSE:IBM). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.
Representative Matthew Robert Van Epps also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
- Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
- Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
International Business Machines Stock Performance
Shares of IBM traded down $4.60 during trading hours on Thursday, hitting $258.36. The company’s stock had a trading volume of 8,443,594 shares, compared to its average volume of 7,288,044. The business has a 50 day simple moving average of $252.95 and a two-hundred day simple moving average of $267.58. International Business Machines Corporation has a 52-week low of $212.34 and a 52-week high of $332.46. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.76. The company has a market cap of $242.83 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.74 and a beta of 0.67.
International Business Machines Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were given a dividend of $1.69 per share. This is a boost from International Business Machines’s previous quarterly dividend of $1.68. This represents a $6.76 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, May 8th. International Business Machines’s dividend payout ratio (DPR) is 59.77%.
Key Stories Impacting International Business Machines
Here are the key news stories impacting International Business Machines this week:
- Positive Sentiment: IBM unveiled the world’s first sub-1 nanometer chip technology, a breakthrough that could make AI chips smaller, faster, and more energy efficient. The announcement has been framed as a major advance for IBM’s semiconductor and AI ambitions, and it helped lift sentiment around the stock. Reuters article on IBM unveils tech for chip smaller than 1 nanometer in AI computing push
- Positive Sentiment: The chip news also prompted several outlets to note that IBM shares popped in premarket trading, with some reports highlighting the potential for a 0.7nm architecture to improve performance and power efficiency. That suggests traders are treating the announcement as a meaningful innovation story rather than just a long-dated research update. Yahoo Finance article on IBM Unveils Prototype for Sub-1-Nanometer AI Chip. Why It Matters.
- Positive Sentiment: JPMorgan recently upgraded IBM, citing improving software growth and a stronger outlook tied to AI and cybersecurity opportunities. Analyst optimism is adding support to the stock and reinforcing the view that IBM’s earnings mix is improving. MSN article on JPMorgan just upgraded IBM stock
- Positive Sentiment: IBM also drew attention after news of its OpenAI cybersecurity collaboration, which investors see as another way to monetize AI beyond core infrastructure and consulting. This helped reinforce the AI growth narrative surrounding IBM. Barchart article on IBM and OpenAI Just Partnered on Cybersecurity
- Neutral Sentiment: Other coverage noted that IBM’s breakthrough is impressive, but commercial production may still be several years away. That tempers the immediate earnings impact, even if the announcement strengthens IBM’s long-term competitive positioning. TipRanks article on IBM stock pops on creating the world’s tiniest AI chip
Wall Street Analyst Weigh In
IBM has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of International Business Machines in a report on Tuesday. DZ Bank upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $295.00 price objective for the company in a research report on Friday, April 24th. Oppenheimer reduced their price objective on shares of International Business Machines from $380.00 to $320.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. Roth Mkm reissued a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Finally, Wolfe Research cut shares of International Business Machines to a “peer perform” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, International Business Machines currently has an average rating of “Moderate Buy” and a consensus target price of $306.94.
Check Out Our Latest Stock Report on IBM
Institutional Trading of International Business Machines
Institutional investors and hedge funds have recently made changes to their positions in the stock. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of International Business Machines by 424.6% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company’s stock valued at $77,234,000 after acquiring an additional 211,040 shares in the last quarter. GLOBALT Investments LLC GA boosted its holdings in International Business Machines by 19.1% in the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company’s stock valued at $5,417,000 after acquiring an additional 2,930 shares in the last quarter. Waverton Investment Management Ltd increased its position in International Business Machines by 3.3% during the 3rd quarter. Waverton Investment Management Ltd now owns 993,743 shares of the technology company’s stock valued at $280,439,000 after purchasing an additional 32,072 shares during the period. Newbridge Financial Services Group Inc. lifted its position in shares of International Business Machines by 30.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock worth $3,887,000 after purchasing an additional 3,029 shares during the period. Finally, NEOS Investment Management LLC boosted its stake in shares of International Business Machines by 51.7% during the 3rd quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock valued at $32,278,000 after purchasing an additional 38,973 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.
About Representative Van Epps
Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.
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.
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