Rep. Gilbert Ray Cisneros, Jr. Acquires International Business Machines Corporation (NYSE:IBM) Stock

Posted by Casey Walker 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 Down 1.6%

IBM traded down $3.63 on Tuesday, hitting $219.92. 2,824,804 shares of the company were exchanged, compared to its average volume of 5,920,411. International Business Machines Corporation has a twelve month low of $219.78 and a twelve month high of $324.90. The company has a market cap of $206.70 billion, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58. The company has a current ratio of 0.80, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. The firm has a 50-day moving average price of $242.51 and a two-hundred day moving average price of $277.03.

International Business Machines (NYSE:IBM – Get Free Report) last released its earnings results on Wednesday, April 22nd. The technology company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.81 by $0.10. The firm had revenue of $15.92 billion during the quarter, compared to analysts’ expectations of $15.60 billion. International Business Machines had a return on equity of 37.23% and a net margin of 15.61%.International Business Machines’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.60 EPS. On average, equities analysts predict that International Business Machines Corporation will post 12.4 earnings per share for the current year.

International Business Machines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be paid a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from International Business Machines’s previous quarterly dividend of $1.68. International Business Machines’s payout ratio is presently 59.77%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on IBM shares. DZ Bank raised 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. Bank of America upped their price objective on International Business Machines from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. UBS Group raised International Business Machines from a “sell” rating to a “neutral” rating and set a $236.00 price objective for the company in a research report on Wednesday, February 25th. Argus set a $360.00 price objective on International Business Machines in a research report on Friday, January 30th. Finally, Erste Group Bank cut International Business Machines from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $294.41.

Read Our Latest Analysis on IBM

Insiders Place Their Bets

In related news, Director Michael Miebach purchased 434 shares of the company’s 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 owned 434 shares of the company’s stock, valued at approximately $101,265.22. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.27% of the company’s stock.

Institutional Trading of International Business Machines

A number of large investors have recently made changes to their positions in IBM. Waverton Investment Management Ltd lifted its holdings in shares of International Business Machines by 3.3% in the third 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 in the last quarter. Newbridge Financial Services Group Inc. increased its position in International Business Machines by 30.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 13,122 shares of the technology company’s stock worth $3,887,000 after buying an additional 3,029 shares in the last quarter. NEOS Investment Management LLC increased its position in International Business Machines by 51.7% during the third quarter. NEOS Investment Management LLC now owns 114,395 shares of the technology company’s stock worth $32,278,000 after buying an additional 38,973 shares in the last quarter. Advisors Capital Management LLC increased its position in International Business Machines by 3.8% during the third quarter. Advisors Capital Management LLC now owns 347,155 shares of the technology company’s stock worth $97,953,000 after buying an additional 12,623 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its position in International Business Machines by 1.9% during the third quarter. Handelsbanken Fonder AB now owns 330,814 shares of the technology company’s stock worth $93,342,000 after buying an additional 6,235 shares in the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

International Business Machines News Roundup

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

Positive Sentiment: IBM announced two new managed services on IBM Cloud — Red Hat AI Inference and Red Hat OpenShift Virtualization Service — aimed at helping enterprises deploy AI and virtualized workloads more securely and at scale, which could support future cloud and AI revenue. Article: IBM Announces Red Hat AI Inference and Red Hat OpenShift Virtualization Service on IBM Cloud
Positive Sentiment: Analyst commentary highlighted IBM as the better AI-tech buy versus Qualcomm, citing hybrid-cloud demand, watsonx upgrades, a cheaper valuation, and steady cash flow, all of which support the bullish investment case. Article: IBM vs. Qualcomm: Which AI Tech Stock is the Better Buy Now?
Positive Sentiment: Another article framed IBM’s technology expansion and AI/server market tailwinds as potentially supportive for broader market momentum, reinforcing investor interest in IBM’s enterprise AI positioning. Article: Can IBM Technology Expansion Lift NYSE Composite Momentum?
Neutral Sentiment: Coverage noted IBM remains in focus after its recent earnings beat, but the stock has still been sliding, suggesting investors may be waiting for clearer proof that AI and software growth can reaccelerate momentum. Article: IBM Beats Earnings Expectations—So Why Is The Stock Still Sliding And Momentum Collapsing?
Neutral Sentiment: Some market commentary described IBM as a beaten-down stock and asked whether it is a buying opportunity, which reflects valuation debate rather than a clear new catalyst. Article: Catching Falling Knives: Is Time to Buy These Beaten-Down Stocks?
Negative Sentiment: A lawsuit alleging racially discriminatory layoffs of Black executives adds a governance and ESG overhang that could weigh on sentiment toward IBM. Article: IBM Lawsuit Over Black Executive Layoffs Tests Governance And ESG Story
Negative Sentiment: One note flagged a weak FY2027 earnings forecast for IBM, which may reinforce concerns that growth could stay uneven even after recent product launches. Article: 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.