International Business Machines Co. (NYSE:IBM) Shares Bought by NewEdge Wealth LLC
Apr 16, 2024 ·
6m 22s
![International Business Machines Co. (NYSE:IBM) Shares Bought by NewEdge Wealth LLC](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/cloudinary/s--z4ydd9oq--/w_1000,h_800,c_fit,l_text:Lato_156_bold:The%20Daily%20Snapshot%20-%20IBM/images.spreaker.com/default/show-1400x1400-20190801.jpg)
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Description
NewEdge Wealth LLC has increased its stake in International Business Machines Co. (IBM) by 64.8% in the fourth quarter, now owning 9,330 shares valued at $1,526,000. Other hedge funds also...
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NewEdge Wealth LLC has increased its stake in International Business Machines Co. (IBM) by 64.8% in the fourth quarter, now owning 9,330 shares valued at $1,526,000. Other hedge funds also adjusted their IBM holdings, with positive endorsements from Wall Street analysts, including upgrades and raised price targets. IBM's stock dipped 2.0%, with a current price of $182.27, reflecting a stable financial performance and a consistent dividend payout ratio.
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