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

The shares of International Business Machines Corporation (NYSE:IBM) traded with a loss of -1.09 points or -0.72% in the most recent session. The shares last traded at $151.28. As per the trading info, the shares saw $176.58 million in upticks and lost $111.09 million in downticks, resulting in a net money flow of $65.49 million. The up/down ratio for the day was measured at 1.59. For the week, the shares had posted -1.05%.From the block trade data available, the total upticks were valued at $79.69 million and the total downticks were valued at $16.25 million, thereby putting the up/down ratio at 4.9. The net money flow for the block transaction was $63.44 million.


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, The Securities and Exchange Commission has divulged that Gherson Diane J, (Senior Vice President) of International Business Machines Corp, had unloaded 2,986 shares at an average price of $147 in a transaction dated on May 6, 2016. The total value of the transaction was worth $438,942.

International Business Machines Corporation (NYSE:IBM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.09 points or 0.72% at $151.28 with 3,610,407 shares getting traded. Post opening the session at $151.63, the shares hit an intraday low of $150.28 and an intraday high of $152.5 and the price was in this range throughout the day. The company has a market cap of $145,223 million and the number of outstanding shares have been calculated to be 959,961,850 shares. The 52-week high of International Business Machines Corporation (NYSE:IBM) is $173.78 and the 52-week low is $116.901.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Goldman Sachs maintains its outlook on International Business Machines Corporation (NYSE:IBM). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $138 per share to $150 per share. The rating by the firm was issued on April 19, 2016.

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.

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