medium
Sell
3,600 shares
$774,727
Significance
4/10
SVP Lamoreaux sold 3,600 IBM shares at $215.20 on 2024-11-08; retains 25,389 shares post-transaction.
Senior Vice President Jaclyn Lamoreaux sold 3,600 shares at $215.20, reducing her holdings by 12.4% to 25,389 shares remaining. The sale occurred when IBM's stock was trading near its 52-week high of $235.26 and has since declined 9.2% to the current price of $213.72, with a 30-day decline of 8.8%. IBM's fundamentals show revenue of $14,968,000,000.00 in the latest quarter and negative net income of $-330,000,000.00, alongside a P/E of 30.88 and annual revenue growth of 2.2%. The transaction is sized as a modest partial reduction of a substantial executive position held by a senior officer.