INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

GARDNER RUSSO & QUINN LLC's Holding History (CIK: 0000860643)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 750 Value ($000) $222 Avg Close $298.78 Range $262.11 - $324.90

Q1 2019

Shares 1,512 Value ($000) $213 Avg Close $94.64 Range $78.71 - $101.33

Q3 2018

Shares 1,571 Value ($000) $238 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 5,503 Value ($000) $769 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 6,173 Value ($000) $947 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 7,588 Value ($000) $1,164 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 8,184 Value ($000) $1,187 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 8,934 Value ($000) $1,374 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 9,159 Value ($000) $1,595 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 9,549 Value ($000) $1,585 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 10,749 Value ($000) $1,707 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 11,274 Value ($000) $1,711 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 8,674 Value ($000) $1,314 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 9,134 Value ($000) $1,257 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 9,290 Value ($000) $1,347 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 9,524 Value ($000) $1,549 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 9,549 Value ($000) $1,533 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 9,849 Value ($000) $1,580 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 10,455 Value ($000) $1,985 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 11,555 Value ($000) $2,095 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 13,615 Value ($000) $2,621 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 16,668 Value ($000) $3,126 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 16,668 Value ($000) $3,087 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 16,231 Value ($000) $3,102 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	750	$222	$298.78	$262.11 - $324.90
Q1 2019	1,512	$213	$94.64	$78.71 - $101.33
Q3 2018	1,571	$238	$101.25	$95.14 - $106.71
Q2 2018	5,503	$769	$99.95	$94.63 - $110.30
Q1 2018	6,173	$947	$107.30	$98.32 - $115.38
Q4 2017	7,588	$1,164	$102.11	$96.94 - $108.49
Q3 2017	8,184	$1,187	$96.87	$92.88 - $103.07
Q2 2017	8,934	$1,374	$103.77	$98.95 - $115.36
Q1 2017	9,159	$1,595	$114.39	$107.32 - $119.58
Q4 2016	9,549	$1,585	$103.05	$95.06 - $110.31
Q3 2016	10,749	$1,707	$101.76	$95.61 - $106.13
Q2 2016	11,274	$1,711	$95.13	$90.08 - $99.15
Q1 2016	8,674	$1,314	$84.07	$73.78 - $96.70
Q4 2015	9,134	$1,257	$87.52	$82.31 - $94.87
Q3 2015	9,290	$1,347	$95.35	$87.10 - $106.76
Q2 2015	9,524	$1,549	$102.99	$96.57 - $107.49
Q1 2015	9,549	$1,533	$96.47	$90.53 - $100.82
Q4 2014	9,849	$1,580	$100.47	$91.12 - $114.79
Q3 2014	10,455	$1,985	$114.33	$108.62 - $117.41
Q2 2014	11,555	$2,095	$112.28	$107.17 - $118.40
Q1 2014	13,615	$2,621	$109.22	$101.79 - $116.27
Q4 2013	16,668	$3,126	$106.40	$101.46 - $111.01
Q3 2013	16,668	$3,087	$111.55	$106.48 - $117.56
Q2 2013	16,231	$3,102	$118.94	$109.29 - $125.13