Drilling Down Into Salesforce.com, inc. (CRM)

Xavier Trudeau
Mai 20, 2017

Stock institutional ownership is 87.00% while insider ownership includes 0.10%. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

About 12.31 million shares traded or 241.94% up from the average. salesforce.com, inc. The shares were sold at an average price of $87.79, for a total transaction of $877,900.00. On Tuesday, November 22 Allanson Joe sold $48,700 worth of salesforce.com, inc.

Since the beginning of the calendar year, the stock is 28.18%. 20,000 shares valued at $1.67 million were sold by Benioff Marc on Wednesday, March 8. The stock was sold at an average price of $89.63, for a total transaction of $896,300.00. The mean target of $98.00 should be compared with the price when the stock was languishing around $66.43 a share. Below is a list of salesforce.com, inc.

On Wednesday, May 3rd, Marc Benioff sold 10,000 shares of salesforce.com, inc. stock. Hoertkorn Richard Charles stated it has 0.02% of its portfolio in salesforce.com, inc.

In other news, CFO Mark J. Hawkins sold 8,624 shares of the business's stock in a transaction that occurred on Monday, March 27th.

On Thursday, May 18th, Marc Benioff sold 10,000 shares of salesforce.com, inc. stock. The stock was sold at an average price of $86.43, for a total transaction of $864,300.00. Salesforce grew its overall market share position and raised its revenue more than any other Customer Relationship Administration (CRM) vendor. Following the completion of the acquisition, the director now directly owns 25,554 shares in the company, valued at approximately $2,087,250.72. The stock was sold at an average price of $80.84, for a total value of $697,164.16.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. The company's beta value is at 1.24. Salesforce.com, inc. (CRM) now trades with a market capitalization of $61.28 Billion. On Thursday, November 19 the stock rating was maintained by Wunderlich with "Buy". During the same quarter in the prior year, the company posted $0.24 earnings per share. salesforce.com, inc.'s revenue for the quarter was up 24.6% compared to the same quarter last year. That compared with consensus estimates of $0.26 in EPS and revenue of $2.35 billion. Instead, deferred revenue, or revenue that has been booked from contracts but not earned yet, increased 26% year-over-year to $5.04 billion. (CRM) is $97/share according to the consensus of analysts working on the stock, with an expected EPS of $0.31/share for the current quarter.

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Tekne Capital Management Limited Com stated it has 3.21% of its portfolio in salesforce.com, inc. Ltd. acquired a new position in salesforce.com, inc. during the third quarter valued at approximately $10,078,000. 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. Jennison Associates LLC raised its position in salesforce.com, inc.by 3.2% in the third quarter.

Analysts surveyed by S&P Global Market Intelligence expected Salesforce to report adjusted earnings of 26 cents a share on revenue of $2.35 billion. Cambridge Trust Co. raised its position in salesforce.com, inc.by 1.2% in the first quarter. Willingdon Wealth Management now owns 29,204 shares of the CRM provider's stock valued at $2,083,000 after buying an additional 367 shares during the period. Price to sales ratio was 14.10 while 73.10% of stock was owned by Institutional investors.

Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $96.71 while their mean recommendation is 1.80 (1=Buy, 5=sell). Using all the ratings on Salesforce.com Inc (NYSE:CRM), the mean sits at 1.17. Oppenheimer Holdings Inc. restated a "hold" rating and issued a $100.00 price target (up previously from $95.00) on shares of salesforce.com, inc.in a research note on Friday. Cowen and Company restated an "outperform" rating and set a $100.00 target price on shares of salesforce.com, inc.in a research report on Friday.

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