Rep. Maria Elvira Salazar Sells Shares of International Business Machines Corporation (NYSE:IBM)

Key Points

• Rep. Maria Elvira Salazar sold $1,001–$15,000 of IBM shares on August 24 through a UBS brokerage account, according to a September 9 disclosure.
• IBM’s latest quarterly earnings matched estimates at $2.93 per share, but revenue of $17.16 billion fell short of expectations; revenue still increased 1.1% year over year. The company pays a quarterly dividend of $1.69 per share, yielding about 2.9% annually.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $265.90, while IBM advances quantum-computing and AI initiatives with partners including Lockheed Martin and NASA.

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of International Business Machines Corporation NYSE: IBM. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Business Machines stock on August 24th. The trade occurred in the Representative's "UBS BROKERAGE ACCOUNT" account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Moderna NASDAQ: MRNA on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Qualcomm NASDAQ: QCOM on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Moderna NASDAQ: MRNA on 8/19/2026.
• Purchased $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 8/19/2026.
• Sold $15,001 - $50,000 in shares of Chubb NYSE: CB on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Qualcomm NASDAQ: QCOM on 8/12/2026.
• Purchased $1,001 - $15,000 in shares of SpaceX NASDAQ: SPCX on 8/12/2026.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 8/7/2026.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 7/28/2026.
• Purchased $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 7/28/2026.

International Business Machines Stock Performance

Shares of IBM opened at $234.06 on Friday. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company has a market cap of $220.51 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.29 and a beta of 0.71. The stock has a 50-day moving average price of $237.79 and a 200-day moving average price of $246.38.

International Business Machines (NYSE:IBM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company had revenue of $17.16 billion for the quarter, compared to analysts' expectations of $17.46 billion. During the same period in the prior year, the business earned $2.80 earnings per share. International Business Machines's revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, equities analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.

International Business Machines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, August 10th. International Business Machines's dividend payout ratio (DPR) is 59.98%.

Insider Buying and Selling

In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.27% of the stock is owned by company insiders.

International Business Machines News Roundup

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

• Positive Sentiment: IBM and Lockheed Martin announced a quantum innovation hub at ETH Zurich, supported by Switzerland’s defense-procurement offset program. The initiative will deploy Switzerland’s first IBM Quantum System Two at the Swiss National Supercomputing Centre, giving IBM a multi-year platform for quantum-computing research in areas such as sensing and advanced materials. IBM and Lockheed Martin Announce Swiss Quantum Innovation Hub
• Positive Sentiment: IBM and NASA released an open-source Lunar Foundation Model trained on extensive lunar-observation data. The model reportedly improves identification of lunar features, including potential ice deposits and craters, highlighting IBM’s AI capabilities and government-research relationships, although the near-term revenue impact is likely limited. IBM and NASA Release Open-Source AI Model
• Positive Sentiment: Market commentary continues to identify IBM as an established-company route to AI and quantum exposure, supported by its hybrid-cloud, enterprise-software and consulting businesses. A Cleveland Clinic, RIKEN and IBM team was also named a finalist for the ACM Gordon Bell Prize for quantum-centric supercomputing research. IBM Team Advances to Gordon Bell Prize Finals
• Neutral Sentiment: A shareholder-rights law firm announced an investigation into IBM related to its previously previewed second-quarter results. Such notices are often solicitation-driven and do not establish wrongdoing, but they can add headline and legal-risk pressure. Law Firm Investigation Report
• Negative Sentiment: IBM’s latest quarterly results showed earnings in line with estimates but revenue below expectations, reinforcing concerns that growth is modest. Analysts also continue to view competing AI-cloud names as having stronger near-term growth and momentum.
• Negative Sentiment: Investors remain focused on IBM’s earlier AI-security investment and whether related partnerships will translate into durable software revenue. Those questions, combined with a premium valuation and broader-market weakness, appear to have outweighed the longer-term quantum and AI announcements. IBM AI Security Investment

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on IBM shares. Robert W. Baird initiated coverage on shares of International Business Machines in a research note on Tuesday, July 21st. They issued a "neutral" rating and a $230.00 price objective for the company. Bank of America boosted their price target on shares of International Business Machines from $315.00 to $330.00 and gave the stock a "buy" rating in a research note on Monday, July 6th. The Goldman Sachs Group set a $270.00 price target on shares of International Business Machines in a research report on Thursday, July 23rd. Argus reduced their price objective on International Business Machines from $360.00 to $280.00 and set a "buy" rating on the stock in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. decreased their price objective on International Business Machines from $291.00 to $250.00 and set an "overweight" rating on the stock in a report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $265.90.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in International Business Machines by 424.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 260,740 shares of the technology company's stock valued at $77,234,000 after purchasing an additional 211,040 shares in the last quarter. Assetmark Inc. grew its position in shares of International Business Machines by 24.8% during the first quarter. Assetmark Inc. now owns 64,458 shares of the technology company's stock worth $15,624,000 after buying an additional 12,791 shares in the last quarter. GLOBALT Investments LLC GA increased its stake in shares of International Business Machines by 19.1% during the fourth quarter. GLOBALT Investments LLC GA now owns 18,288 shares of the technology company's stock worth $5,417,000 after buying an additional 2,930 shares during the period. Rice Partnership LLC acquired a new stake in International Business Machines in the fourth quarter valued at approximately $3,317,000. Finally, Sage Investment Advisers LLC purchased a new position in International Business Machines in the fourth quarter worth approximately $4,101,000. Hedge funds and other institutional investors own 58.96% of the company's stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida's 27th Congressional District. She won in the general election on November 5, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company that provides enterprise-focused hardware, software and services. Its offerings include hybrid cloud solutions, artificial intelligence, data and automation software, cybersecurity tools, IT infrastructure and technology consulting.

IBM develops and supports enterprise systems such as IBM Z mainframes, Power servers and storage products. Its software portfolio includes Red Hat hybrid cloud technologies, the watsonx platform for artificial intelligence and data management, application integration tools and cybersecurity solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.