John Victor Roos Sells 129 Shares of salesforce.com, inc. (NYSE:CRM) Stock

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 129 shares of the company’s stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $108.92, for a total value of $14,050.68. Following the sale, the director now directly owns 14,851 shares in the company, valued at $1,617,570.92. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Thursday, February 1st, John Victor Roos sold 129 shares of salesforce.com stock. The shares were sold at an average price of $113.30, for a total value of $14,615.70.
  • On Thursday, January 25th, John Victor Roos sold 129 shares of salesforce.com stock. The shares were 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 shares were sold at an average price of $110.23, for a total value of $14,219.67.
  • On Thursday, January 4th, John Victor Roos sold 129 shares of salesforce.com stock. The stock was sold at an average price of $106.00, for a total value of $13,674.00.
  • On Thursday, December 28th, John Victor Roos sold 129 shares of salesforce.com stock. The stock was 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 stock was sold at an average price of $103.85, for a total value of $13,396.65.

salesforce.com, inc. (NYSE CRM) traded down $1.95 during trading on Friday, reaching $110.78. The company had a trading volume of 4,400,000 shares, compared to its average volume of 3,670,000. The firm has a market capitalization of $80,020.00, a price-to-earnings ratio of 11,078.00, a price-to-earnings-growth ratio of 6.25 and a beta of 1.32. salesforce.com, inc. has a 12-month low of $79.35 and a 12-month high of $114.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.82 and a current ratio of 0.82.

salesforce.com (NYSE:CRM) last posted its earnings results on Tuesday, November 21st. The CRM provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.65 billion. salesforce.com had a return on equity of 2.81% and a net margin of 0.09%. salesforce.com’s revenue for the quarter was up 25.0% compared to the same quarter last year. During the same period last year, the company earned $0.24 earnings per share. sell-side analysts anticipate that salesforce.com, inc. will post 0.43 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Trust N.A. grew its holdings in salesforce.com by 10.2% in the fourth quarter. Raymond James Trust N.A. now owns 8,117 shares of the CRM provider’s stock valued at $829,000 after purchasing an additional 751 shares during the period. Bray Capital Advisors grew its holdings in salesforce.com by 3.5% in the fourth quarter. Bray Capital Advisors now owns 23,206 shares of the CRM provider’s stock valued at $2,372,000 after purchasing an additional 775 shares during the period. RKL Wealth Management LLC acquired a new stake in salesforce.com in the fourth quarter valued at approximately $223,000. Sandy Spring Bank grew its holdings in salesforce.com by 1.7% in the fourth quarter. Sandy Spring Bank now owns 27,382 shares of the CRM provider’s stock valued at $2,799,000 after purchasing an additional 470 shares during the period. Finally, Texan Capital Management acquired a new stake in salesforce.com in the fourth quarter valued at approximately $1,439,000. 85.60% of the stock is currently owned by institutional investors.

CRM has been the topic of a number of recent research reports. Citigroup increased their price target on salesforce.com to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Piper Jaffray Companies reissued a “buy” rating and set a $115.00 price target on shares of salesforce.com in a research report on Wednesday, November 1st. SunTrust Banks restated a “buy” rating and set a $114.00 price objective on shares of salesforce.com in a research note on Friday, November 3rd. Royal Bank of Canada restated a “buy” rating and set a $109.00 price objective on shares of salesforce.com in a research note on Friday, October 20th. Finally, Guggenheim initiated coverage on salesforce.com in a research note on Monday, October 30th. They set a “buy” rating and a $125.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and forty-four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $112.86.

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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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