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

Shares of International Business Machines Corporation (NYSE:IBM) saw an erosion of -0.15 points in recent session. During the trading, the value of each share was $150.91, dropping -0.1%. The shares saw high fund-flow as the composite value of all the upticks was $163.86 million and the total value of all the downticks was a mere $1.59 million. The net money flow was seen at $162.27 million and the up/down ratio was measured at 103.04. On a weekly basis the shares of the shares have recorded a change of -0.96%.The block trade which occurred today had $163.15 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $163.15 million was the net money flow of the block transaction.

International Business Machines Corporation has dropped 0.25% in the last five trading days, however, the shares have posted positive gains of 3.16% in the last 4 weeks. International Business Machines Corporation is up 4.33% in the last 3-month period. Year-to-Date the stock performance stands at 12.65%.

Currently the company Insiders own 0.08% of International Business Machines Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.9% . Institutional Investors own 61.42% of International Business Machines Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -28.44%. . On the companys insider trading activities, Gherson Diane J, (Senior Vice President) of International Business Machines Corp, unloaded 2,986 shares at an average price of $147 on May 6, 2016. The total amount of the transaction was worth $438,942, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

International Business Machines Corporation (NYSE:IBM) rose 0.62% or 0.93 points on Friday and made its way into the gainers of the day. After trading began at $150.96 the stock was seen hitting $152.72 as a peak level and $150.6044 as the lowest level. The stock ended up at $151.99. The daily volume was measured at 4,663,870 shares. The 52-week high of the share price is $173.78 and the 52-week low is $116.901. The company has a market cap of $145,905 million.

International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS), which includes Strategic Outsourcing, Integrated Technology Services, Cloud and Technology Support Services, and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS), which offers its services across Consulting and Systems Integration, Global Process Services and Application Management Services; Software, which consists of middleware and operating systems software; Systems and Technology (STG), which provides infrastructure technologies, and Global Financing, which provides financing solutions for products or services that are critical to the end users business operations. Its IBM Watson Health Cloud platform collects clinical, research and social data from a range of health sources and creates a cloud-based data sharing hub.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *