Stocks

IBM Stake Acquired by Pure Financial Advisors for $1.94 Million

Guavy AI Editorial Team Published September 10, 2026

Instruments

IBM

Pure Financial Advisors LLC recently acquired a new stake in International Business Machines Corporation (NYSE:IBM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,905 shares of IBM's stock, valued at approximately $1.94 million.

Among other institutions, Payne Capital Management LLC acquired a new stake in IBM worth around $304,000 in the second quarter. Transamerica Financial Advisors LLC purchased a new position in IBM during the same period, valued at about $778,000. Corient Private Wealth LP bought a significant amount of shares, purchasing 6,905 for approximately $145.5 million.

According to the data from MarketBeat.com, International Business Machines has an average rating of 'Moderate Buy' and a consensus target price of $265.90.

IBM Stake Acquired by Pure Financial Advisors for $1.94 Million

Visa Teams Up with IFC for $200m Emerging Markets Digital Payments Push

Van Hulzen Asset Management Boosts Stake in Visa

National Pension Service Buys More Shares of Visa Inc.