United Parcel Service Inc. (UPS) and International Business Machines Corporation (IBM)’s stocks are hitting all the right chords

On Jul 29, ABNEY DAVID P, Chairman and CEO exercised an option 28,722 shares of United Parcel Service Inc. (NYSE: UPS), with the average selling price of the stock being $72.74 per share. The total amount realized from this exercised an option $2,089,108. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, SVP, General Counsel & Sec – Brothers Norman M. Jr sold an extra 1,500 shares of this stock in a transaction that took place a day before, on May 01, with a share sold at an average of $106.03 and a total of $159,045 was realized from this transaction. After the transaction, the SVP, General Counsel & Sec – Brothers Norman M. Jr was left with 0 shares of the company’s stock, which is currently worth around $0.0.

The recent price movement of UPS means that it is now down by -6.86% from its 52-week high and 28.10% up against its 52-week low prices. Over the past one week, the price volatility of UPS stands at 1.87% while the volatility over the past one month is 1.71%. The beta score for this stock is 1.23. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company published its latest quarterly earnings, with the report showing that the company recorded 1.94 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.9 by 0.04. The revenue by the firm was 20.66B for the quarter.

The shares of United Parcel Service Inc. (UPS) dropped by -0.82%, leading to a loss of -$0.95 per share, and saw UPS end the trading session at $115.15 on Wednesday 10/23/19. UPS started the trading session at $115.40, before reaching a daily high of $116.07. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $114.66.

The trading volume on Wednesday stood at 3630861, which was below the stock’s 3-month average volume of 3.43 million shares, out of a total 698.29M shares. As the price of the stock dipped, the market valuation of the company dropped to 99.76 billion.

The shares of International Business Machines Corporation (NYSE: IBM) went up by 0.31% by the end of the recent trading session. This movement saw its price surge to close at $134.38, which was higher than the previous closing price of $133.96. Over the past one week, the price of IBM has slipped by -5.44%, while it has recorded a loss of -5.15% over the past one month. Its three-month performance saw IBM lose -10.65% while its six-month performance saw it drop by -3.07%. The situation is different though over the past one year, as the stock price went up by 3.35%, while its year-to-date (YTD) price performance jumped by 18.22%. The stock price has gone up by +4.31% compared to its 90-day low, while it is down -12.14% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 4,161,625 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 3,625,210 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see IBM stock with a 100-Day average volume of 3,702,139 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves IBM with an average rating of 24% Sell.

Several brokerage firms sent out their reports IBM stock not long ago. In its report sent out on October 21, 2019, UBS lowered its ratings on IBM from a Buy to a Neutral. In an earlier report on October 17, 2019, Wells Fargo Reiterated the stock to a Market Perform. Wedbush meanwhile in its report on October 17, 2019 Reiterated its rating of the stock to “Neutral”.

In related news to the company’s stock, around 58.50% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 2045 institutions currently hold the IBM stock. In the last quarter, a 507,122,340 IBM shares were in the possession of institutions. On the other hand, the company recorded 100 new institutions who bought it their stock, while 81 institutions sold their entire IBM reserve. Of the current institutions investing in the stock, 881 increased their investment while 874 decreased their investment in the stock.