Rep. Gilbert Cisneros (D-CA) Sells IBM Stock
Rep. Gilbert Cisneros sold between $15,001 and $50,000 of IBM shares on May 15, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Gilbert Cisneros (D-CA) sold between $15,001 and $50,000 of International Business Machines Corporation ($IBM) stock on May 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $IBM is up 15.8% after 1 week, up 22.5% after 1 month and up 6.6% to date (from the $217.74 close on May 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| International Business Machines Corporation ($IBM) | Sell | May 15, 2026 | $15,001 - $50,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
IBM
International Business Machines Corporation
Key Points
- Rep. Gilbert Cisneros sold shares of IBM valued between $15,001 and $50,000 on May 15, 2026, reported on June 9, 2026.
- IBM's stock closed at $279.62 on the day of the sale, significantly above its 52-week low of $199.19.
- Analysts have a consensus buy rating on IBM, with a mean price target of $242.65 as of October 2026.
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Gilbert Cisneros' Recent Sale
Rep. Gilbert Cisneros, a Democrat from California's 31st district, sold shares of International Business Machines Corporation (IBM) valued between $15,001 and $50,000 on May 15, 2026. This transaction was disclosed on June 9, 2026, as part of periodic reporting required by the STOCK Act.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Context of the Sale
This transaction fits into a broader pattern of trading activity among lawmakers and may reflect various individual strategies. Recently, other congressional members have also been active with IBM shares. For instance, on September 10, 2026, Rep. Lloyd Doggett purchased shares valued between $1,001 and $15,000, while on September 4, 2026, Rep. Maria Elvira Salazar reported a sale of IBM shares.
Institutional Insights
As of now, there are no new updates on institutional changes in IBM's holdings that would directly connect with Cisneros' recent transaction. However, it's essential to keep an eye on ongoing trends among large funds and their strategies related to IBM.
IBM Stock Overview
On the day of Cisneros' sale, IBM's stock was priced at $279.62, which is higher than its 52-week high of $332.46, indicating a recovery from previous lows. The stock's performance has been closely watched following several analyst updates that suggest a mixed outlook. Currently, it trades well above its 50-day moving average of $232.06 and has shown resilience in a challenging market.
Analysts Set New Price Targets
Recent analyst activity has been noteworthy. On October 15, 2026, Morgan Stanley maintained an Equal-Weight rating with a price target of $238. Earlier in October, RBC Capital reiterated an Outperform rating with a price target of $270. Truist Securities also initiated a Hold rating with a target of $240. The consensus recommendation remains a buy, with a mean target price of $242.65.
Company Background
IBM is a major player in the technology sector, providing a wide range of integrated solutions and services across various industries. The company is known for its work in hybrid cloud and AI platforms, helping clients with digital transformations. Understanding its stock movements is crucial, especially given the dynamic nature of the tech market.
What's Ahead for International Business Machines Corporation
Investors will be watching IBM closely for its next earnings report scheduled for October 21, 2026. Additionally, further disclosures from public officials may provide insight into market sentiment and potential impacts on stock performance. Cisneros' recent sale adds to the conversation around stock trades by politicians, reminding stakeholders of the ongoing scrutiny of such transactions. Note that the sale reflects holdings as of May 15, 2026, and may not represent Cisneros' current positions.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $IBM (May 15, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts