ARMONK, N.Y.—Jaclyn LaMoreaux, Senior Vice President at International Business Machines Corp. (NYSE:IBM), recently sold 3,600 shares of the company’s common stock. The shares were sold on November 8 at an average price of $215.202, totaling approximately $774,727.
Following this transaction, LaMoreaux holds 25,389.936 shares directly. This sale is part of routine financial activities by executives and does not necessarily indicate any changes in the company’s outlook or performance.
In other recent news, significant developments have unfolded for Apple Inc (NASDAQ:). and International Business Machines Corporation (NYSE:). Bernstein SocGen Group maintained a positive outlook on Apple, reasserting an Outperform rating with a $240.00 price target. The firm’s analysis indicated that Apple, with its high product gross margins, could see around a 7% reduction in earnings per share…
