Gottheimer Sells IBM Shares Amid Mixed Market Performance

Representative Josh Gottheimer recently unloaded shares of International Business Machines Corporation (NYSE: IBM) in a filing disclosed on August 10th. The sale occurred between $1,001 and $15,000 on July 15th through the Representative's 'MORGAN STANLEY - SELECT UMA ACCOUNT # 1' account.

This was not the first time Gottheimer made headlines for his trading activities. On the same day he sold IBM shares, he also purchased between $1,001 and $15,000 in shares of GOOGN on NASDAQ. The transactions are part of a larger portfolio that includes various tech stocks.

A review of International Business Machines' recent performance shows mixed results. Shares of IBM opened at $238.62 on Wednesday and have seen fluctuations throughout the year. Despite this, analysts remain optimistic about the company's growth prospects, with an average price target of $265.40 and a 'Moderate Buy' rating from Wall Street.