IBM stock price slips as insider buying and a board change set up the week ahead
IBM shares fell 0.8% to $306.70 Friday but ended the week up 4.9%. Director David N. Farr bought $304,000 in stock, SEC filings show. Ramon Laguarta, PepsiCo’s CEO, will join IBM’s board March 1. IBM recently beat quarterly earnings estimates, reporting $19.69 billion in revenue.