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salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff 20,000 shares of the company’s stock in a transaction that occurred on Thursday, July 10th. The was disclosed in a legal filing with the SEC, which can be accessed through this link.

CRM has been the subject of a number of recent research reports. Analysts at Morgan Stanley reiterated a “positive” rating on shares of salesforce.com, inc. in a research note on Thursday, June 19th. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the company. salesforce.com, inc. has a consensus rating of “Buy” and an average price target of $66.55.

Shares of salesforce.com, inc. (NYSE:CRM) traded down 0.17% during mid-day trading on Friday, hitting $54.21. The stock had a trading volume of 2,522,145 shares. salesforce.com, inc. has a 1-year low of $41.29 and a 1-year high of $67.00. The stock’s 50-day moving average is $55.13 and its 200-day moving average is $56.76. The company’s market cap is $33.285 billion. salesforce.com, inc. also saw some unusual options trading on Tuesday. Investors purchased 9,643 put options on the company. This is an increase of approximately 101% compared to the typical daily volume of 4,787 put options.

salesforce.com, inc. (NYSE:CRM) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 37.7% on a year-over-year basis. On average, analysts predict that salesforce.com, inc. will post $0.51 earnings per share for the current fiscal year.

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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