Stocks
Munich Reinsurance Co Reduces Stake in International Business Machines Corporation
Munich Reinsurance Co Stock Corp in Munich reduced its stake in International Business Machines Corporation (IBM) by 93.4% during the second quarter, according to a recent SEC filing.
The institutional investor owned 812 shares of IBM's stock after selling 11,515 shares during the period, and held approximately $228,000 worth of IBM's shares at the end of the most recent reporting period.
This move is part of a broader trend in which several other institutional investors have also added to or reduced their stakes in IBM. Meanwhile, analyst sentiment remains moderately favorable, with a Moderate Buy rating and second-quarter 2026 guidance remaining intact, providing support for IBM's valuation.