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Somerville Kurt F buys new IBM stake in 13F filing

IBM logoIBM
Sig1.35Sen+1.10Env0.00Soc0.00Gov0.00

A 13F filing shows Somerville Kurt F bought 2,980 IBM shares in Q2 for about $838,000. Harborfront Financial Group LLC and SWAN Capital LLC also opened positions worth roughly $27,000 and $28,000. The shares sold at an average price of $230.32, Goldman Sachs kept a neutral stance, IBM revenue rose 1.1% year over year, and a quarterly dividend was announced for Sept. 10.

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