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salesforce.com, inc. (NYSE:CRM) Insider Alexandre Dayon sold 4,112 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $51.60, for a total transaction of $212,179.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of salesforce.com, inc. (NYSE:CRM) traded up 0.06% during mid-day trading on Wednesday, hitting $53.09. 2,047,208 shares of the company’s stock traded hands. salesforce.com, inc. has a 1-year low of $36.09 and a 1-year high of $67.00. The stock has a 50-day moving average of $52.38 and a 200-day moving average of $56.17. The company’s market cap is $32.597 billion.

salesforce.com, inc. (NYSE:CRM) last released its earnings data 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. Analysts expect that salesforce.com, inc. will post $0.50 EPS for the current fiscal year.

Several analysts have recently commented on the stock. 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 investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-six have issued a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price 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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