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Emerald Invests $13.27 Million in International Business Machines

Guavy AI Editorial Team
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IBM
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Emerald Investment Advisers LLC has acquired a new stake in International Business Machines Corporation (IBM), investing $13.27 million in the technology company's stock.

The institutional investor purchased 47,187 shares of IBM's stock, valued at approximately $13,269,000. This represents 0.9% of Emerald Investment Advisers LLC's holdings, making IBM its 16th largest holding.

This is not the only recent investment in IBM, as other institutional investors and hedge funds have also bought and sold shares of the company.

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