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Somerville Kurt F Invests in International Business Machines Corporation

Guavy AI Editorial Team
Instruments
IBM
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Somerville Kurt F has become an investor in International Business Machines Corporation (NYSE:IBM), purchasing 2,980 shares of its stock valued at approximately $838,000 during the second quarter.

This is not the first time institutional investors have purchased IBM stocks. Several other hedge funds and investment firms have also made changes to their positions in the company this year.

According to MarketBeat.com, 16 analysts have rated International Business Machines with a Buy rating, while 11 have given it a Hold rating, and one has given it a Sell rating.

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