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CoreCap Advisors LLC Acquires 4,883 Shares of International Business Machines Corporation $IBM
CoreCap Advisors LLC increased its stake in International Business Machines Corporation (IBM) by 20.3% in the fourth quarter, acquiring an additional 4,883 shares to hold a total of 28,945 shares valued at $8.57 million. IBM reported strong quarterly earnings, beating analyst estimates with an EPS of $4.52 and revenue of $19.69 billion. Analysts maintain a “Moderate Buy” consensus rating with a price target of $314.60, and several insiders have also recently purchased shares.