Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys IBM Stock

Democratic Representative Gilbert Ray Cisneros Jr. bought shares of International Business Machines Corporation (NYSE: IBM) in a trade executed on June 16, 2026. The purchase was revealed in a periodic transaction report filed under the STOCK Act with the House on July 2, 2026.

Inside Rep. Gilbert Ray Cisneros Jr.'s IBM Trade

The Democrat from California's 31st district picked up stock valued between $15,001 and $50,000. Under STOCK Act rules, lawmakers report transactions within designated ranges rather than as exact dollar amounts or share quantities.

International Business Machines Corporation Stock Up 1.4%

IBM shares recently traded around $231.00 as of October 16, 2026. On the day of the lawmaker's trade, the stock closed at $270.81. The company carries a market capitalization of roughly $220.6 billion and a price-to-earnings ratio of 20.81.

Recent Earnings

The technology company reported trailing-twelve-month revenue of $69.1 billion and earnings of $11.25 per share. Its next quarterly financial update is scheduled for October 21, 2026.

Dividend

International Business Machines Corporation pays an annual dividend yielding 2.89% with a payout ratio of 59.8%.

Insider Buying and Selling at International Business Machines Corporation

Earlier in the year, company insiders completed open market transactions. Director Michelle J. Howard bought 50 shares at $237.83 on February 25, 2026, for a total value of $11,891. Director Michael Miebach also bought 434 shares at $233.33 on the same day, totaling $10,1264. Later, on August 26, 2026, officer Robert David Thomas sold 25,000 shares at $230.32.

Analysts Set New Price Targets

Several research firms updated their views on the stock following the summer months. Morgan Stanley maintained an Equal-Weight rating with a $190.00 target on July 23, 2026. BMO Capital kept a Market Perform rating and a $230.00 target on July 23, 2026. Citigroup maintained a Buy rating with a $245.00 target on July 24, 2026, while Susquehanna maintained a Neutral rating with a $225.00 target on the same day before adjusting its target to $235.00 on August 31, 2026. Wall Street analysts hold a consensus buy recommendation on the stock.

About International Business Machines Corporation

International Business Machines Corporation delivers hybrid cloud platforms, software solutions, and consulting services to enterprise clients globally. The firm focuses on helping organizations navigate digital and artificial intelligence transformations across varied operating environments.

Bottom Line

Investors will look to the upcoming earnings release on October 21, 2026, for updated financial results. Congressional stock disclosures offer insight into the personal portfolios of lawmakers, though they reflect neither a buy nor a sell signal for retail investors.