Trading volume, or volume, is the number of shares or contracts that point towards the full activity of a security or stock market for a given period. The company's stock sank 0.39% while Skba Capital Management Llc bought 49,200 shares. Checking on recent price levels compared to prior highs and lows, we have seen that International Business Machines Corporation (IBM) recently traded -0.74% away from the 50-day high and moved 11.44% from the 50-day low. The stock underperformed the S&P 500 by 24.13%.
Willingdon Wealth Management increased its stake in International Business M (IBM) by 33.15% based on its latest 2017Q4 regulatory filing with the SEC.
Shares plunged 7.8%, near 148.60 during afternoon trading on the stock market today.
This is the second consecutive quarter the company has reported growth in revenues after reporting year-over-year revenue growth for the first time in more than five years in the previous quarter. The company has market cap of $115.75 billion. Pre-tax profit fell 20% to $1.1bn, undershooting analysts' average forecast. The stock of International Business Machines Corporation (NYSE:IBM) has "Buy" rating given on Thursday, January 18 by GBH Insights. Park Oh holds 1.94% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 226,206 shares.
Big Money Sentiment increased to 1.03 in 2017 Q4. That's change of 0.29, from 2017Q3's 0.74.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. 156 funds acquired positions and 519 increased positions. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Ntv Asset Management Ltd Liability reported 0.77% in International Business Machines Corporation (NYSE:IBM). Aperio Ltd Com has 524,697 shares. 446 were accumulated by Pittenger Anderson Incorporated. Old Natl Comml Bank In accumulated 45,092 shares.
Investors have not been forgiving of IBM in the market in part because the stock sat out a massive 2-year tech rally. Cwm Ltd Company holds 5,125 shs or 0.03% of its capital. Cim Investment Mangement Inc invested in 9,983 shares. Murphy Mngmt invested in 37,114 shs. International Business Machines Corporation Common's shares shorted float is 1.76%.
Every trading day indicate diverse behavior and trends about International Business Machines Corporation (IBM) stock. Fairfield Bush & Company holds 0.51% or 12,141 shares. As it's issued in SEC form the stake in Boeing Co (NYSE:BA) is reduced by 32,200 shares to 36,350 shares. Seven research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have assigned a buy rating to the company's stock. Therefore 57% are positive. A stock that maintains a relatively stable price has low volatility. The rating was maintained by Jefferies with "Sell" on Wednesday, August 16. The company rating was maintained by Wedbush on Thursday, January 18. The firm has "Underweight" rating given on Wednesday, October 18 by Barclays Capital. The firm has "Buy" rating by Argus Research given on Friday, July 21. The stock of International Business Machines Corporation (NYSE:IBM) earned "Sell" rating by Societe Generale on Friday, January 19. On Sunday, November 26 the rating was maintained by BMO Capital Markets with "Hold".
International Business Machines Corporation (NYSE:IBM) recent rally took place on significantly more volume which surged almost 9.81 million contracts on 17-Apr-18 versus its daily average of 5.35 million. The firm earned "Neutral" rating on Monday, May 2 by Credit Suisse.
Howard Capital Mngmt stated it has 0.21% in International Business Machines Corporation (NYSE:IBM). Qci Asset Mgmt Ny stated it has 1,254 shares. Ibm Retirement Fund holds 0.6% or 20,906 shares.
Ms. Rometty has been working to turn around IBM nearly since the moment she took over from Sam Palmisano in 2012, as the emerging industry of cloud computing ate away at IBM's business of managing information technology in customers' facilities. Spears Abacus Ltd Limited Liability Company reported 8,817 shares. Logan holds 4.67% or 394,104 shares in its portfolio. Fny Managed Accounts Ltd invested in 0.06% or 457 shares. (NASDAQ:PEP). Moreover, Bbr Prtn Lc has 0.14% invested in PepsiCo, Inc. The quarterly performance for the stock is -1.79%, while the half-yearly performance is 9.39%. IBM's cash and cash equivalents totaled $11.95 billion at the end of the first quarter, compared with $11.97 billion at the end of the previous fiscal year. (NYSE:EFX). Zeke Cap Limited Liability Corporation reported 0.09% in Equifax Inc. The insider WADDELL FREDERICK H bought 610 shares worth $99,659.