ImportantIBM
Explain this story: 2,328 International Business Machines Corporation $IBM Shares Bought by Ridgewood Investments LLC
Ridgewood Investments LLC increased its stake in International Business Machines (IBM) by 84.5% in the third quarter, purchasing an additional 2,328 shares. The firm now holds 5,082 shares of IBM, valued at approximately $1.12 million. IBM maintains a "Moderate Buy" consensus rating from analysts, with an average price target of $253.52, and reported quarterly EPS in line with expectations, though revenue missed estimates.
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Ridgewood Investments LLC increased its stake in International Business Machines (IBM) by 84.5% in the third quarter, purchasing an additional 2,328 shares. The firm now holds 5,082 shares of IBM, valued at approximately $1.12 million. IBM maintains a "Moderate Buy" consensus rating from analysts, with an average price target of $253.52, and reported quarterly EPS in line with expectations, though revenue missed estimates.
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Published Oct 5, 2026, 19:08 ET · on this site +2h 2m