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International Business Machines Corporation $IBM Shares Bought by Ferguson Wellman Capital Management Inc.
Ferguson Wellman Capital Management Inc. increased its stake in International Business Machines Corporation (IBM) by 1.6% in the fourth quarter, adding 2,395 shares to hold a total of 148,210 shares valued at approximately $43.9 million. This comes after IBM reported strong Q4 earnings, surpassing analyst expectations with an EPS of $4.52 and revenue of $19.69 billion, marking a 12.2% year-over-year increase. Insider activity also showed recent buying, with directors acquiring 1,484 shares worth about $417,157 in the past 90 days.