Roughly $40,000 in IBM stock changed hands in Rep. Ro Khanna’s household over a five-week stretch this year, with a cluster of buys and sells executed between late February and the end of March.
The transactions involved IBM (NYSE: IBM), the $231 billion technology and consulting giant that plays a major role in federal IT modernization, cybersecurity and defense contracting. Shares recently traded at $246.28, within a 52-week range of $214.50 to $324.90.
According to disclosure filings, the activity included multiple small trades, each valued between $1,000 and $15,000. The moves were carried out by both the congressman and his spouse.
- Feb. 24, 2026: Buy (DC) — $1,000–$15,000
- Mar. 10, 2026: Buy (Spouse) — $1,000–$15,000
- Mar. 10, 2026: Sell (Spouse) — $1,000–$15,000
- Mar. 23, 2026: Buy (Spouse) — $1,000–$15,000
- Mar. 30, 2026: Sell (DC) — $1,000–$15,000
The pattern amounts to a series of tactical entries and exits rather than a clear long-term build or full exit. Two of the trades — a buy and a sell on March 10 — occurred the same day, suggesting a short-term repositioning within the household portfolio.
Committee overlap
The IBM activity is notable given Khanna’s committee assignments. He serves on the House Armed Services Committee and on panels focused on cybersecurity, information technology and innovation, as well as the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party.
IBM is deeply embedded in federal contracting, including cloud services, artificial intelligence, cybersecurity infrastructure and defense-related IT systems. Lawmakers on Armed Services and cybersecurity panels routinely engage with Pentagon modernization efforts and technology procurement issues that can affect major contractors.
There is no evidence that the trades were connected to any specific legislative action. Under the STOCK Act, members of Congress are required to disclose stock transactions within 45 days to promote transparency and deter insider trading.
IBM’s standing on Capitol Hill
Khanna is not alone in trading the company. At least 91 lawmakers have reported transactions in IBM, underscoring the firm’s prominence among congressional investors.
IBM has spent the past year repositioning around hybrid cloud and artificial intelligence, including enterprise AI deployments tied to government and regulated industries. The stock has traded below its 52-week high of $324.90, reflecting broader volatility in large-cap tech and shifting expectations for federal IT spending.
For Khanna, the IBM trades are part of a long record of market activity. The California Democrat has disclosed 17,672 career trades, making him one of the more active members of Congress in terms of reported transactions.
The February–March IBM sequence fits a broader pattern of short-duration trades in large-cap names within the Khanna household portfolio. Investors tracking latest congressional trades will likely note the quick turnarounds and the company’s direct ties to sectors overseen by his committees.
Whether the household ultimately expanded or reduced its net exposure to IBM over the period is unclear from the dollar ranges alone. What is clear: over just 35 days, IBM was a focal point of repeated, tightly timed portfolio adjustments inside one of Capitol Hill’s most active trading households.