International Business Machines Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:IBM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Nov 24	Buy€186,415	Alfred Zollar	Individual	936	€199.16
08 Nov 24	Sell€722,201	Nickle LaMoreaux	Individual	3,600	€200.61
01 Feb 24	Sell€1,669,863	Michelle Browdy	Individual	9,800	€170.39

Insider Trading Volume

Insider Buying: IBM insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of IBM?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	900,403	0.0974%
State or Government	1,021,958	0.111%
General Public	342,248,250	37%
Institutions	580,474,541	62.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 40.64% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.77%	The Vanguard Group, Inc.	90,299,364	€19.3b	1.31%	0.3%
8.39%	BlackRock, Inc.	77,541,977	€16.6b	2.88%	0.28%
6.02%	State Street Global Advisors, Inc.	55,671,883	€11.9b	2.2%	0.46%
2.22%	Geode Capital Management, LLC	20,482,147	€4.4b	-0.21%	0.32%
1.25%	UBS Asset Management AG	11,518,879	€2.5b	-1.24%	0.25%
1.03%	Morgan Stanley, Investment Banking and Brokerage Investments	9,547,466	€2.0b	2.2%	0.25%
0.99%	Northern Trust Global Investments	9,141,784	€2.0b	-3.66%	0.31%
0.98%	Legal & General Investment Management Limited	9,041,630	€1.9b	6.52%	0.36%
0.89%	Amundi Asset Management SAS	8,221,399	€1.8b	-13.9%	0.38%
0.86%	BNY Asset Management	7,907,253	€1.7b	-2.99%	0.34%
0.84%	Managed Account Advisors LLC	7,813,027	€1.7b	4.5%	0.35%
0.8%	JP Morgan Asset Management	7,387,676	€1.6b	118%	0.19%
0.75%	Columbia Management Investment Advisers, LLC	6,965,256	€1.5b	-5.45%	0.35%
0.71%	Charles Schwab Investment Management, Inc.	6,540,792	€1.4b	-0.15%	0.24%
0.59%	Norges Bank Investment Management	5,410,547	€1.2b	0%	0.1%
0.58%	Merrill Lynch & Co. Inc., Banking Investments	5,378,114	€1.2b	-1.13%	0.44%
0.55%	California Public Employees' Retirement System	5,107,916	€1.1b	-2.76%	0.77%
0.54%	Dimensional Fund Advisors LP	4,984,155	€1.1b	3.92%	0.17%
0.49%	Eaton Vance Management	4,484,864	€960.1m	3.68%	0.23%
0.46%	Bank of America Corporation, Asset Management Arm	4,243,446	€908.4m	23.1%	0.28%
0.41%	Wells Fargo & Company, Securities and Brokerage Investments	3,796,897	€812.8m	0.91%	0.26%
0.4%	Royal Bank of Canada, Banking & Securities Investments	3,689,802	€789.9m	8.86%	0.42%
0.39%	Amundi Asset Management US, Inc.	3,647,411	€780.8m	-0.72%	1.98%
0.38%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	3,471,411	€743.1m	4.62%	0.19%
0.37%	Deutsche Asset & Wealth Management	3,446,760	€737.9m	15.3%	0.22%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 00:39
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

International Business Machines Corporation is covered by 73 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Kelleher	Argus Research Company
Josep Bori	Atlantic Equities LLP
Ishan Majumdar	Baptista Research