International Business Machines Corporation $IBM Stock Position Trimmed by Carnegie Investment Counsel

Carnegie Investment Counsel trimmed its position in shares of International Business Machines Corporation (NYSE:IBM) by 10.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,313 shares of the technology company's stock after selling 3,527 shares during the period. Carnegie Investment Counsel's holdings in International Business Machines were worth $8,805,000 at the end of the most recent quarter. Basepoint Wealth LLC acquired a new position in shares of International Business Machines during the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in International Business Machines in the 4th quarter valued at approximately $28,000. SWAN Capital LLC bought a new stake in International Business Machines during the 3rd quarter valued at $28,000. Bare Financial Services Inc boosted its position in International Business Machines by 114.6% during the 2nd quarter. Bare Financial Services Inc now owns 103 shares of the technology company's stock worth $29,000 after acquiring an additional 55 shares during the period. Finally, Portus Wealth Advisors LLC acquired a new position in International Business Machines during the 1st quarter worth $26,000. Institutional investors and hedge funds own 58.96% of the company's stock. SVP Robert David Thomas sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company's stock, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is currently owned by corporate insiders. IBM’s reported dual-architecture 2-nanometer mainframe processor, designed to run IBM and Arm workloads on the same core, strengthens its infrastructure strategy and could broaden demand among enterprise customers. The company also advanced modular cryogenic quantum systems and applied AI experiences, reinforcing its effort to connect mainframe, AI and quantum technologies. Quantum computing’s potential to undermine current encryption is expected to drive post-quantum cybersecurity spending through 2030. IBM is identified as one of the companies positioned to benefit from that long-term demand. Recent commentary remains constructive on IBM’s valuation and income profile, suggesting investors may be willing to hold the stock while waiting for stronger growth from AI and infrastructure investments. IBM’s US Open fan activations and sports-focused AI research increase visibility for its AI and cloud capabilities, but the marketing initiatives are unlikely to materially change near-term financial results. A securities law firm announced an investigation into whether IBM.