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salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff sold 20,000 shares of salesforce.com, inc. stock on the open market in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $54.60, for a total transaction of $1,092,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of salesforce.com, inc. in a research note on Tuesday, July 15th. They now have a $57.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated a “positive” rating on shares of salesforce.com, inc. in a research note on Thursday, June 19th. Finally, 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. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-seven have given a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $66.68.

Shares of salesforce.com, inc. (NYSE:CRM) traded down 1.42% on Friday, hitting $53.48. 4,311,853 shares of the company’s stock traded hands. salesforce.com, inc. has a one year low of $42.11 and a one year high of $67.00. The stock has a 50-day moving average of $55.66 and a 200-day moving average of $56.59. The company’s market cap is $32.837 billion.

salesforce.com, inc. (NYSE:CRM) last released its earnings data on Tuesday, May 20th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.10 earnings per share. salesforce.com, inc.’s revenue was up 37.7% compared to the same quarter last year. Analysts expect that salesforce.com, inc. will post $0.51 EPS 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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