3 Different IBM Insiders Just Bought (A Lot of) Stock: Should You Follow?

Billy Duberstein, The Motley Fool
·4-min read
3 Different IBM Insiders Just Bought (A Lot of) Stock: Should You Follow?
3 Different IBM Insiders Just Bought (A Lot of) Stock: Should You Follow?

It's hard to imagine a big tech stock more down on its luck than International Business Machines (NYSE: IBM). While the Nasdaq index is up 28.4% on the year, IBM is down 17.5% as of this writing. The company's new CEO Arvind Krishna just took over the top job in April and recently announced a spinoff of IBM's slower-growth IT services business to refocus on its hybrid cloud and artificial intelligence technology.