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salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff sold 60,000 shares of the company’s stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $52.39, for a total transaction of $3,143,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of salesforce.com, inc. (NYSE:CRM) traded up 0.47% on Wednesday, hitting $53.31. 4,152,390 shares of the company’s stock traded hands. salesforce.com, inc. has a 52-week low of $36.09 and a 52-week high of $67.00. The stock has a 50-day moving average of $52.41 and a 200-day moving average of $56.15. The company’s market cap is $32.732 billion.

salesforce.com, inc. (NYSE:CRM) last announced its earnings results on Tuesday, May 20th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. On average, analysts predict that salesforce.com, inc. will post $0.50 earnings per share for the current fiscal year.

CRM has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of salesforce.com, inc. in a research note on Thursday, May 29th. They now have a $75.00 price target on the stock, down previously from $80.00. Separately, analysts at Pivotal Research reiterated a “buy” rating on shares of salesforce.com, inc. in a research note on Thursday, May 22nd. They now have a $73.00 price target on the stock, down previously from $74.00. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of salesforce.com, inc. in a research note on Thursday, May 22nd. They now have a $65.00 price target on the stock, down previously from $75.00. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $66.59.

salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. The Company provides a customer and collaboration relationship management (NYSE:CRM), applications through the Internet or cloud.

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