Rakuten Securities Buys New IBM Stake as IBM Hits $2.93 EPS
Rakuten Securities Inc. bought a new IBM stake, adding 3,488 shares worth about $981,000. Other funds also increased holdings, including Brighton Jones, which raised its stake by 12.4%, and Ieq Capital, which added shares. IBM reported quarterly EPS of $2.93, matching analysts’ consensus, with an average forecast of $12.33 EPS for the fiscal year.