This afternoon we watched International Business Machines rise 1.6% to a price of $232.92 per share. The Large-Cap Computer Hardware company is now trading -8.15% below its average target price of $253.59. Analysts have set target prices ranging from $170.0 to $300.0 per share for International Business Machines, and have given the stock an average rating of buy.
International Business Machines's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.4%. The stock's short ratio is 3.98. The company's insiders own 0.12% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 64.2%. In conclusion, we believe there is mixed market sentiment regarding International Business Machines.
Institutions Invested in International Business Machines
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 10% | 91,839,252 | $21,391,198,407 |
| 2024-12-31 | Blackrock Inc. | 9% | 78,894,303 | $18,376,060,910 |
| 2024-12-31 | State Street Corporation | 6% | 55,458,573 | $12,917,410,721 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 20,909,646 | $4,870,274,708 |
| 2024-12-31 | Bank of America Corporation | 2% | 16,149,804 | $3,761,612,318 |
| 2024-12-31 | Morgan Stanley | 2% | 14,010,134 | $3,263,240,385 |
| 2024-12-31 | JPMORGAN CHASE & CO | 1% | 13,157,831 | $3,064,721,972 |
| 2024-12-31 | Capital World Investors | 1% | 11,984,609 | $2,791,455,106 |
| 2024-12-31 | Northern Trust Corporation | 1% | 10,845,993 | $2,526,248,669 |
| 2024-12-31 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1% | 8,112,092 | $1,889,468,453 |
