Matthew Robert Van Epps Sells IBM Shares
Matthew Robert Van Epps reported selling IBM shares valued between $1,001 and $15,000.
Key Points
- Matthew Robert Van Epps disclosed selling IBM shares valued between $1,001 and $15,000 on June 16, 2026.
- IBM, trading at $270.81, has a market cap of $254.5 billion and a P/E ratio of 24.
- Major analysts maintain a 'buy' rating on IBM, with a consensus target price of $290.89.
Matthew Robert Van Epps, a member of the U.S. House, has disclosed the sale of shares in International Business Machines Corporation (NYSE: IBM). The transaction, valued between $1,001 and $15,000, was reported on June 17, 2026, following the sale on June 16.
Other Institutional Activity in International Business Machines Corporation
BlackRock, Inc. reduced its IBM holdings by 307,619 shares, ending with 77,565,953 shares valued at about $18.8 billion. Vanguard Capital Management LLC established a significant position with 60,845,605 shares worth approximately $14.7 billion. State Street Corp trimmed its stake by 401,800 shares, leaving it with 54,594,493 shares valued at $13.2 billion. Geode Capital Management, LLC increased its holdings by 471,246 shares, totaling 23,076,329 shares valued at around $5.6 billion. Morgan Stanley also boosted its position by 4,771,145 shares, reaching 19,630,951 shares worth about $4.8 billion.
International Business Machines Corporation Stock Snapshot
Shares of IBM traded near $270.81. The company has a market cap of approximately $254.5 billion and a P/E ratio of 24. Its 52-week range is between $212.34 and $332.46. The stock's 50-day moving average is $250.04, while the 200-day moving average stands at $273.32. IBM's beta is 0.665, indicating lower volatility compared to the market. The company's current ratio is 0.796, with a quick ratio of 0.644 and a debt-to-equity ratio of 211.169.
Recent Earnings
IBM reported revenue of $68.9 billion with a growth rate of 9.5%. The company achieved a net margin of 15.6% and a return on equity of 35.8%. IBM's earnings per share stood at $11.29. The next earnings report is scheduled for July 22, 2026.
Dividend
IBM offers an annual dividend rate of $6.76, yielding 2.5%. The dividend payout ratio is 59.5%.
Insider Buying and Selling at International Business Machines Corporation
On June 4, 2026, Nicolas Fehring, IBM's VP and Controller, sold 400 shares. Earlier in the year, multiple insiders, including Senior Vice Presidents Nickle Jaclyn Lamoreaux and Anne Robinson, acquired shares on February 26, indicating active insider trading within the company.
Analysts Set New Price Targets
On June 3, 2026, Citigroup maintained its 'buy' rating on IBM with a price target of $375. Barclays initiated coverage with a 'buy' rating and a $350 target on June 1. RBC Capital and Wedbush also maintained 'buy' ratings with targets of $300 and $320, respectively. The consensus among analysts is a 'buy' recommendation with an average target price of $290.89.
About International Business Machines Corporation
International Business Machines Corporation, headquartered in Armonk, NY, provides technology services and solutions globally. Led by CEO Arvind Krishna, IBM operates in the Software, Consulting, Infrastructure, and Financing segments, offering hybrid cloud and AI platforms, technology services, and financial solutions. The company employs over 264,300 people worldwide.
Bottom Line
The sale of IBM shares by Matthew Robert Van Epps is part of a broader pattern of institutional activity in the company. IBM remains a key player in the technology sector, with major analysts maintaining favorable ratings. Investors often track such trades for insights, though it's important to remember these filings reflect past actions and may not indicate current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
