Salesforce.com, inc. (CRM) Chairman Sells $1734800.00 in Stock

Salesforce.com, inc. (CRM) Chairman Sells $1734800.00 in Stock

Salesforce.com, inc. (CRM) Chairman Sells $1734800.00 in Stock

Another trade for 10,000 shares valued at $868,016 was sold by BLOCK KEITH. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

In other salesforce.com, inc. news, Director Susan Wojcicki acquired 1,224 shares of the stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $87.79, for a total transaction of $877,900.00.

Relative strength index (RSI-14) for Salesforce.com, inc.

While taking a look at financials, we can look at a number of key indicators about Salesforce.com, inc. The mean target of $98.00 should be compared with the price when the stock was languishing around $66.43 a share.

On Monday, May 1st, Marc Benioff sold 30,000 shares of salesforce.com, inc. stock. Beta value of the stock is marked at 1.24. (NYSE:CRM). Moreover, Brown Advisory Limited Com has 0.56% invested in salesforce.com, inc. Hoertkorn Richard Charles stated it has 0.02% of its portfolio in salesforce.com, inc. $790,668 worth of salesforce.com, inc. The original version of this piece can be viewed at https://www.chaffeybreeze.com/2017/05/19/salesforce-com-inc-crm-pt-raised-to-105-00-at-stifel-nicolaus.html. Following the completion of the transaction, the chairman now owns 34,195,300 shares in the company, valued at $2,804,014,600. Wedbush maintained it with "Outperform" rating and $96 target in Thursday, September 1 report. The shares were sold at an average price of $89.63, for a total value of $896,300.00.

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Another critical number in evaluating a stock is P/E or the price to earnings ratio. The company has market cap of $62.49 billion. Salesforce.com, inc. (CRM) now trades with a market capitalization of $61.28 Billion. This is an increase of 165% compared to the typical daily volume of 7,630 call options.

INC (CRM) Earnings Surprise: According to the earnings report released for Quarter Ending_Jan-17, The Company posted actual earnings of $0.28 per share whereas the Analysts projected earnings were $0.25 per share. The Zacks Research consensus estimate before the earnings report was $0.05. During the same quarter in the prior year, the firm earned $0.24 EPS. Asia-Pacific - where the public cloud market is expected to grow at 12% and reach $11.5 billion by 2018, per Gartner - witnessed the most growth for the company, with revenues from the region increasing 27% y-o-y to $223 million. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

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The current consensus rating on salesforce.com, inc.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jennison Associates LLC now owns 20,758,784 shares of the CRM provider's stock worth $1,480,724,000 after buying an additional 649,445 shares in the last quarter. Willingdon Wealth Management raised its stake in shares of salesforce.com, inc.by 1.3% in the third quarter. Pivotal Research upgraded the stock to "Buy" rating in Friday, August 21 report. Perkins Coie Co has invested 0.01% in salesforce.com, inc. Janus Capital Management LLC now owns 10,755,181 shares of the CRM provider's stock valued at $927,363,000 after buying an additional 1,910,921 shares in the last quarter. Finally, State Street Corp increased its position in salesforce.com, inc.by 7.0% in the fourth quarter. Cambridge Trust Co. now owns 289,411 shares of the CRM provider's stock valued at $23,873,000 after buying an additional 3,322 shares in the last quarter. Stock investors bought 20,233 call options on the company. (NYSE:CRM) by 1.8% during the first quarter, according to its most recent Form 13F filing with the SEC. Cowen and Company restated an "outperform" rating and issued a $95.00 price objective on shares of salesforce.com, inc.in a report on Thursday, February 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and forty-one have assigned a buy rating to the company. Finally, Vetr lowered shares of salesforce.com, inc. from a "strong-buy" rating to a "buy" rating and set a $93.31 price target on the stock.in a research note on Wednesday, March 8th.

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