Shares of International Business Machines Corporation (IBM) Sees Large Inflow of Net Money Flow

International Business Machines Corporation (IBM) dropped by -0.13 or -0.23 points during the last session to $174.29 per share. One of the highlights of the day was the net money flow figure, which stood at $6.07 million even as the stock accepted $102.28 million in upticks but rejected $96.21 million in downticks. The up/down ratio for the last observation was a 1.06. The 1-week percentage change for the stock price is registered at -1.7%.A block transaction occurred with $11.01 million in upticks and $2.61 million in downticks while the up/down ratio was calculated to be 4.22. The stock witnessed a net inflow of $8.4 million at the end of the block trade.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

International Business Machines Corporation has dropped 2.24% in the last five trading days, however, the shares have posted positive gains of 5% in the last 4 weeks. International Business Machines Corporation is up 14.43% in the last 3-month period. Year-to-Date the stock performance stands at 5%. International Business Machines Corporation (NYSE:IBM) witnessed a decline in the market cap on Wednesday as its shares dropped 0.13% or 0.23 points. After the session commenced at $175, the stock reached the higher end at $175.7025 while it hit a low of $172.89. With the volume soaring to 2,795,745 shares, the last trade was called at $174.29. The company has a 52-week high of $179.25. The company has a market cap of $165,724 million and there are 950,854,550 shares in outstanding. The 52-week low of the share price is $116.901.

Company has reported several Insider transactions to the SEC, on Nov 23, 2016, Kralingen Bridget A Van (Senior Vice President) sold 2,107 shares at 162.44 per share price.On Nov 16, 2016, Jon C Iwata (Senior Vice President) sold 19,866 shares at 158.65 per share price.On Nov 4, 2016, Michael D. Rhodin (Senior Vice President) sold 1,000 shares at 152.31 per share price.

International Business Machines Corp. Last issued its quarterly earnings results on Jan 19, 2017. The company reported $5.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $4.88. The company had revenue of $21770.00 million for the quarter, compared to analysts expectations of $21631.51 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $4.84 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 12, 2017 to Buy, Raises Price Target to $ 192 from a previous price target of $165 .International Business Machines Corp. was Initiated by Guggenheim to Neutral on Jan 4, 2017. International Business Machines Corp. was Upgraded by BofA/Merrill to Buy on Nov 10, 2016.

IBM is an information technology (IT) company. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. The Global Technology Services segment provides IT infrastructure services and business process services. The Global Business Services segment offers professional services and application management services. The Software segment consists primarily of middleware and operating systems software. The Systems and Technology segment provides computing power and storage solutions; and semiconductor technology products and packaging solutions. The Global Financing segment invests in financing assets, leverages with debt and manages the associated risks. IBM is headquartered in Armonk, New York.


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