International Business Machines Corp’s recently made public that its Senior Vice President Thomas Robert David unloaded Company’s shares for reported $6.72 million on Mar 03 ’25. In the deal valued at $253.01 per share,26,543 shares were sold. As a result of this transaction, Thomas Robert David now holds 45,007 shares worth roughly $12.68 million.
Then, ROBERT D THOMAS bought 26,543 shares, generating $6,715,639 in total proceeds.
Before that, FARR DAVID N bought 1,200 shares. International Business Machines Corp shares valued at $298,800 were divested by the Director at a price of $249.00 per share. As a result of the transaction, FARR DAVID N now holds 8,258 shares, worth roughly $2.33 million.
Oppenheimer initiated its International Business Machines Corp [IBM] rating to an Outperform in a research note published on February 11, 2025; the price target was $320. DZ Bank also remained covering IBM and has decreased its forecast on October 02, 2024 with a “Hold” recommendation from previously “Buy” rating. Goldman started covering the stock on June 24, 2024. It rated IBM as “a Buy”.
Price Performance Review of IBM
On Monday, International Business Machines Corp [NYSE:IBM] saw its stock jump 1.66% to $281.83. Over the last five days, the stock has gained 3.58%. International Business Machines Corp shares have risen nearly 28.20% since the year began. Nevertheless, the stocks have risen 66.76% over the past one year. While a 52-week high of $283.06 was reached on 06/16/25, a 52-week low of $167.23 was recorded on 04/07/25.
Levels Of Support And Resistance For IBM Stock
The 24-hour chart illustrates a support level at 278.83, which if violated will result in even more drops to 275.84. On the upside, there is a resistance level at 284.66. A further resistance level may holdings at 287.50.
The most recent change occurred on May 02, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Underperform”‘ rating along with a $145 price target.
