salesforce.com, inc. (CRM) Director Sells $13,674.00 in Stock

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 129 shares of the business’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $106.00, for a total value of $13,674.00. Following the sale, the director now owns 14,980 shares of the company’s stock, valued at $1,587,880. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

John Victor Roos also recently made the following trade(s):

  • On Thursday, January 25th, John Victor Roos sold 129 shares of salesforce.com stock. The stock was sold at an average price of $113.23, for a total value of $14,606.67.
  • On Thursday, January 18th, John Victor Roos sold 129 shares of salesforce.com stock. The stock was sold at an average price of $110.23, for a total value of $14,219.67.
  • On Thursday, January 11th, John Victor Roos sold 129 shares of salesforce.com stock. The stock was sold at an average price of $108.92, for a total value of $14,050.68.
  • On Thursday, December 28th, John Victor Roos sold 129 shares of salesforce.com stock. The shares were sold at an average price of $102.64, for a total value of $13,240.56.
  • On Thursday, December 21st, John Victor Roos sold 129 shares of salesforce.com stock. The shares were sold at an average price of $103.85, for a total value of $13,396.65.

salesforce.com, inc. (NYSE CRM) traded up $1.74 on Friday, hitting $113.70. The stock had a trading volume of 3,840,374 shares, compared to its average volume of 3,800,000. salesforce.com, inc. has a fifty-two week low of $77.10 and a fifty-two week high of $113.92. The stock has a market cap of $82,130.00, a P/E ratio of 11,370.00, a P/E/G ratio of 10.45 and a beta of 1.24. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.08.

salesforce.com (NYSE:CRM) last released its quarterly earnings data on Tuesday, November 21st. The CRM provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. salesforce.com had a return on equity of 2.81% and a net margin of 0.09%. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter in the prior year, the business posted $0.24 EPS. The business’s revenue for the quarter was up 25.0% on a year-over-year basis. analysts forecast that salesforce.com, inc. will post 0.43 EPS for the current year.

CRM has been the subject of several analyst reports. JMP Securities upgraded salesforce.com to a “positive” rating in a report on Friday, October 6th. Royal Bank of Canada restated a “buy” rating on shares of salesforce.com in a report on Thursday, November 9th. BMO Capital Markets upped their target price on salesforce.com from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Societe Generale set a $130.00 price target on salesforce.com and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Barclays increased their price target on salesforce.com from $101.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and forty-three have assigned a buy rating to the stock. salesforce.com currently has an average rating of “Buy” and a consensus price target of $112.86.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of salesforce.com by 5.2% in the 2nd quarter. Vanguard Group Inc. now owns 46,149,530 shares of the CRM provider’s stock valued at $3,996,548,000 after acquiring an additional 2,268,623 shares during the last quarter. Janus Henderson Group PLC grew its stake in salesforce.com by 5.3% during the 3rd quarter. Janus Henderson Group PLC now owns 13,435,212 shares of the CRM provider’s stock worth $1,255,082,000 after buying an additional 675,471 shares during the last quarter. TIAA CREF Investment Management LLC grew its stake in salesforce.com by 6.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 9,344,787 shares of the CRM provider’s stock worth $809,259,000 after buying an additional 592,409 shares during the last quarter. Winslow Capital Management LLC grew its stake in salesforce.com by 12.0% during the 2nd quarter. Winslow Capital Management LLC now owns 6,266,919 shares of the CRM provider’s stock worth $542,715,000 after buying an additional 670,197 shares during the last quarter. Finally, Tybourne Capital Management HK Ltd. grew its stake in salesforce.com by 76.5% during the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 4,738,144 shares of the CRM provider’s stock worth $410,323,000 after buying an additional 2,053,200 shares during the last quarter. Institutional investors and hedge funds own 85.52% of the company’s stock.

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salesforce.com Company Profile

Salesforce.com, Inc is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. The Company’s service offerings are configured and integrated with other platforms and enterprise applications.

Insider Buying and Selling by Quarter for salesforce.com (NYSE:CRM)

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