IBM IBM (IBM) Insider Trading, Ownership & Congress Trades
Tech Hardware · Computer & office equipment · CIK 0000051143
Congress · 5Form 144 · 1
Insider buyers, 180 days
0
Funds added, last quarter
1,978
13F, latest reported quarter
Conversions, 180 days
2
Codes C/M, not in net · $0 priced
What the filings say about IBM
Insiders, 180 days
-$5.8M net sold
1 seller · 0% of sales under a 10b5-1 plan
Congress, 1 year
5 bought · 7 sold
Latest: purchase, 2026-09-10
Planned sales (Form 144), 90 days
$5.8M
1 notice
IBM insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, INTERNATIONAL BUSINESS MACHINES CORP insiders sold a net $5.8M of stock across 15 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Mar 3, 2025.
- The trade is 52.3% of the 47,800 shares held after it.
- No other insider sold within 30 days.
- 1,978 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Thomas Robert David sold about $5.8M of IBM on Aug 26, 2026, the largest insider sale at the company since 2025; 1,978 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Dec 13, 2021.
- The trade is 25.8% of the 194 shares held after it.
- 2 other insiders bought within 30 days.
- 1,978 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director HOWARD MICHELLE J bought about $11.9K of IBM on Feb 25, 2026; 2 other insiders bought within 30 days and 1,978 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 100.0% of the 434 shares held after it.
- 2 other insiders bought within 30 days.
- 1,978 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Miebach Michael bought about $101.3K of IBM on Feb 25, 2026; 2 other insiders bought within 30 days and 1,978 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 buys), the last on Feb 28, 2025.
- +12.0% median (+12.0% mean) 90-day return after 2 previous buys.
- The trade is 10.8% of the 9,258 shares held after it.
- 2 other insiders bought within 30 days.
- 1,978 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director FARR DAVID N bought about $304.0K of IBM on Jan 30, 2026, the largest insider purchase at the company on our record; 2 other insiders bought within 30 days and 1,978 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 59.0% of the 45,007 shares held after it.
- No other insider sold within 30 days.
- 1,978 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Thomas Robert David sold about $6.7M of IBM on Mar 3, 2025, the largest insider sale at the company on our record; 1,978 funds added in the latest 13F quarter.15 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$5.8M over 180 days
-$5.8M over 90 days
below 64% of Tech Hardware
Congress
5 members bought in the last year
more than 93% of Tech Hardware
Funds
1,978 funds bought in last quarter
more than 99% of Tech Hardware
Revenue
+7.6% year over year
below 55% of Tech Hardware
Margin
15.7% net margin
more than 80% of Tech Hardware
Buybacks
no share repurchases reported
Short interest
2.6% of the float short (float per yahoo 2026-10-26) · 4.1 days to cover · settled 2026-09-30
below 59% of Tech Hardware
The situation: each line is one rule over one dataset
Federal contracts worth $187.6M were awarded in the last 180 days.
What changed in the last 30 days
Oct 7Rep. Maria Elvira Salazar sold $1.0K to $15K, disclosed 33 days after the trade
Why it matters
House members report a bracket, not an exact amount, and have 45 days to do it; the trade is weeks old when it becomes public.
Oct 5Rep. Lloyd Doggett sold $1.0K to $15K, disclosed 25 days after the trade
Why it matters
House members report a bracket, not an exact amount, and have 45 days to do it; the trade is weeks old when it becomes public.
Watch IBM
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-9.5%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns IBM: institutional holders (13F)
13F holdings, latest reported quarter
76,763,481 sh
$21.6B
61,385,366 sh
$17.3B
56,045,055 sh
$15.8B
28,348,295 sh
$8.0B
23,448,500 sh
$6.6B
Congress trades in IBM
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2026-09-10 · disclosed 25 days later
$1,001 - $15,000
Sold 2026-09-04 · disclosed 33 days later
$1,001 - $15,000
Sold 2026-08-24 · disclosed 16 days later
$1,001 - $15,000
Bought 2026-08-18 · disclosed 23 days later
$1,001 - $15,000
Sold 2026-07-17 · disclosed 49 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
IBM planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Robert Thomas
Filed 2026-08-26
$5.8M
IBM mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Select Enterprise Technology Services Portfolio
$97.4M position · as of 2026-05-31
9.5%
First Trust NASDAQ Technology Dividend Index Fund
$357.4M position · as of 2026-06-30
8.1%
FT Vest Technology Dividend Target Income ETF
$35.1M position · as of 2026-07-31
6.7%
Invesco Dow Jones Industrial Average Dividend ETF
$23.6M position · as of 2026-07-31
4.9%
State Street(R) SPDR(R) Portfolio S&P Sector Neutral Dividend ETF
$595.3K position · as of 2026-06-30
4.8%
YieldMax(R) AI & Tech Portfolio Option Income ETF
$4.8M position · as of 2026-07-31
4.7%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Government contracts
Award ceilings over the contract's life, subsidiaries included.
Not annual revenue (USASpending.gov).
Department Of Homeland Security
EADIS SOFTWARE DEVELOPMENT · 2008-09-05
$580.4M
Social Security Administration
THE GOVERNMENT INTENDS TO ESTABLISH A SINGLE-AWARD DELIVERY ORDER BASE PLUS FOUR 1YEAR OPTION PERIOD · 2016-12-31
$525.4M
Department Of Veterans Affairs
BENEFITS TRANSFORMATION PLATFORM · 2023-04-15
$489.2M
Department Of Defense
IGF::OT::IGF GENERAL FUND ENTERPRISE SYSTEM (GFEBS) SUSTAINMENT AWARD · 2016-12-22
$315.4M
Department Of Veterans Affairs
SUSTAINMENT, ENHANCEMENT AND TRANSITION SUPPORT OF VAS ENTERPRISE CORE HR SOLUTION - HRSMART. THE C · 2023-01-01
$310.9M
Department Of Defense
THE PURPOSE OF THIS REQUIREMENT IS TO PROVIDE INFORMATION TECHNOLOGY SERVICES AND SUPPORT ON BEHALF · 2021-09-27
$199.9M
Federal awards ≥ $25M in the last 90 days, matched via the SAM.gov parent registry
Executive pay vs shareholder return · Mr. Krishna
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$38.0M
$83.6M
$16.3M
+203%
+110%
2024
$25.1M
$57.1M
$11.5M
+119%
+69%
2023
$20.4M
$32.8M
$9.9M
+57%
+35%
2022
$16.6M
$23.9M
$8.3M
+29%
-8%
2021
$17.6M
$23.8M
$8.7M
+17%
+30%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $5.8M sold by insiders over 180 days, 1,978 funds added last quarter, 5 House member(s) bought in 12 months, disclosed weeks after the trade, $5.8M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
IBM financials
Revenue growth
+7.6%
XBRL, annual
Net margin
15.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$69.9B
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM IBM
| FY Dec 2025 | $67.5B |
| FY Dec 2024 | $62.8B |
| FY Dec 2023 | $61.9B |
| FY Dec 2022 | $60.5B |
| FY Dec 2021 | $57.4B |
| Sep 2026 | $17.1B |
| Jun 2026 | $17.2B |
| Mar 2026 | $15.9B |
| Dec 2025 | $19.7B |
| Sep 2025 | $16.3B |
| Jun 2025 | $17.0B |
| Mar 2025 | $14.5B |
| Dec 2024 | $17.6B |
At each fiscal year end
Single quarter
Net margin, TTM
+16.0%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM IBM
| FY Dec 2025 | +15.7% |
| FY Dec 2024 | +9.6% |
| FY Dec 2023 | +12.1% |
| FY Dec 2022 | +2.7% |
| FY Dec 2021 | +10.0% |
| Sep 2026 | +12.8% |
| Jun 2026 | +12.6% |
| Mar 2026 | +7.6% |
| Dec 2025 | +28.4% |
| Sep 2025 | +10.7% |
| Jun 2025 | +12.9% |
| Mar 2025 | +7.3% |
| Dec 2024 | +16.6% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$14.7B
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM IBM
| FY Dec 2025 | $12.1B |
| FY Dec 2024 | $12.4B |
| FY Dec 2023 | $12.7B |
| FY Dec 2022 | $9.1B |
| FY Dec 2021 | $10.7B |
| Sep 2026 | $3.7B |
| Jun 2026 | $2.4B |
| Mar 2026 | $4.9B |
| Dec 2025 | $3.7B |
| Sep 2025 | $2.8B |
| Jun 2025 | $1.5B |
| Mar 2025 | $4.1B |
| Dec 2024 | $4.0B |
At each fiscal year end
Single quarter
Debt to equity
1.80x
long-term 2026-09-30 plus current 2026-09-30; equity 2026-09-30
Debt to equity IBM
| FY Dec 2025 | 1.88x |
| FY Dec 2024 | 2.01x |
| FY Dec 2023 | 2.51x |
| FY Dec 2022 | 2.32x |
| FY Dec 2021 | 2.74x |
| Sep 2026 | 1.80x |
| Jun 2026 | 1.80x |
| Mar 2026 | 2.01x |
| Dec 2025 | 1.88x |
| Sep 2025 | 2.26x |
| Jun 2025 | 2.33x |
| Mar 2025 | 2.35x |
| Dec 2024 | 2.01x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.25x
TTM operating cash flow over long-term 2026-09-30 plus current 2026-09-30
Cash flow to debt IBM
| FY Dec 2025 | 0.22x |
| FY Dec 2024 | 0.24x |
| FY Dec 2023 | 0.25x |
| FY Dec 2022 | 0.20x |
| FY Dec 2021 | 0.25x |
| Sep 2026 | 0.25x |
| Jun 2026 | 0.24x |
| Mar 2026 | 0.21x |
| Dec 2025 | 0.22x |
| Sep 2025 | 0.21x |
| Jun 2025 | 0.21x |
| Mar 2025 | 0.22x |
| Dec 2024 | 0.24x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+35.2%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity IBM
| FY Dec 2025 | +35.3% |
| FY Dec 2024 | +24.2% |
| FY Dec 2023 | +33.7% |
| FY Dec 2022 | +8.0% |
| FY Dec 2021 | +29.1% |
| Sep 2026 | +35.2% |
| Jun 2026 | +34.6% |
| Mar 2026 | +35.9% |
| Dec 2025 | +35.3% |
| Sep 2025 | +30.2% |
| Jun 2025 | +22.6% |
| Mar 2025 | +21.8% |
| Dec 2024 | +24.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+7.4%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets IBM
| FY Dec 2025 | +7.3% |
| FY Dec 2024 | +4.4% |
| FY Dec 2023 | +5.7% |
| FY Dec 2022 | +1.3% |
| FY Dec 2021 | +4.0% |
| Sep 2026 | +7.4% |
| Jun 2026 | +7.1% |
| Mar 2026 | +7.1% |
| Dec 2025 | +7.3% |
| Sep 2025 | +5.6% |
| Jun 2025 | +4.1% |
| Mar 2025 | +3.9% |
| Dec 2024 | +4.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on invested capital IBM
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
Return on capital employed IBM
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
21.58x
close 2026-10-23 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing IBM
| FY Dec 2025 | 26.52x |
| FY Dec 2024 | 34.19x |
| FY Dec 2023 | 20.12x |
| FY Dec 2022 | 78.71x |
| FY Dec 2021 | 21.02x |
| Sep 2026 | 18.72x |
| Jun 2026 | 24.91x |
| Mar 2026 | 21.39x |
| Dec 2025 | 26.52x |
| Sep 2025 | 33.67x |
| Jun 2025 | 47.70x |
| Mar 2025 | 42.65x |
| Dec 2024 | 34.19x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$294.2B
market value at close 2026-10-23 on 2026-09-30 shares, plus long-term 2026-09-30 plus current 2026-09-30, minus cash 2026-09-30
Enterprise value IBM
| FY Dec 2025 | $324.6B |
| FY Dec 2024 | $244.3B |
| FY Dec 2023 | $192.8B |
| FY Dec 2022 | $170.4B |
| FY Dec 2021 | $164.9B |
| Sep 2026 | $262.4B |
| Jun 2026 | $319.8B |
| Mar 2026 | $283.4B |
| Dec 2025 | $324.6B |
| Sep 2025 | $315.3B |
| Jun 2025 | $326.8B |
| Mar 2025 | $283.4B |
| Dec 2024 | $244.3B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+6.1%
TTM free cash flow over market value at close 2026-10-23
FCF yield IBM
| FY Dec 2025 | +4.4% |
| FY Dec 2024 | +6.1% |
| FY Dec 2023 | +8.5% |
| FY Dec 2022 | +7.1% |
| FY Dec 2021 | +9.0% |
| Sep 2026 | +7.1% |
| Jun 2026 | +5.2% |
| Mar 2026 | +5.7% |
| Dec 2025 | +4.4% |
| Sep 2025 | +4.7% |
| Jun 2025 | +4.5% |
| Mar 2025 | +5.4% |
| Dec 2024 | +6.1% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.54x
P/E over trailing EPS growth of 40%: four quarters to 2026-09-30 against the four to 2025-09-30
PEG, trailing IBM
| FY Dec 2025 | 0.36x |
| FY Dec 2024 | n/a |
| FY Dec 2023 | 0.06x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 10.07x |
| Sep 2026 | 0.47x |
| Jun 2026 | 0.30x |
| Mar 2026 | 0.23x |
| Dec 2025 | 0.36x |
| Sep 2025 | 1.54x |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $67.5B | $62.8B | $61.9B | $60.5B |
| Gross profit | $39.3B | $35.6B | $34.3B | $32.7B |
| Net income | $10.6B | $6.0B | $7.5B | $1.6B |
| EPS (diluted) | 11.17 | 6.43 | 8.14 | 1.80 |
| Operating cash flow | $13.2B | $13.4B | $13.9B | $10.4B |
| Cash | $13.6B | $13.9B | $13.1B | $7.9B |
| Long-term debt | $54.8B | $49.9B | $50.1B | $46.2B |
| Dividends paid | $6.3B | $6.1B | $6.0B | $5.9B |
SEC XBRL, fiscal years, as known on 2026-10-27
IBM Stock Sonar score 6/7 axes
Find similar shapesCompareIBM ranks highest on risk and compliance (78th percentile) and profitability (77th), and lowest on insider conviction (18th), among Tech Hardware peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
IBM filings, in plain words
Are International Business Machines insiders buying or selling IBM?
In the 180 days to 2026-10-27, International Business Machines insiders were net sellers, a net $5.8M across purchases and sales reported on Form 4, by 1 seller.
Have members of Congress traded IBM?
Yes. In the year to 2026-10-27, 5 House members disclosed buying IBM and 7 House members disclosed selling it; the latest on record is a purchase by Lloyd Doggett dated 2026-09-10.
Are there planned insider sales of IBM?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-27, covering $5.8M of stock; the latest, by Robert Thomas, was filed 2026-08-26.
Read the full summary
In the 180 days to 2026-10-27, International Business Machines insiders were net sellers of IBM, a net $5.8M across purchases and sales reported on Form 4 by 1 seller. In the year to 2026-10-27, 5 members of Congress disclosed buying IBM and 7 members disclosed selling it; the latest on record is a purchase by Lloyd Doggett dated 2026-09-10. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-27, covering $5.8M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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