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salesforce.com, inc. (NYSE:CRM) Insider Parker Harris sold 11,333 shares of salesforce.com, inc. stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $53.01, for a total transaction of $600,762.33. Following the sale, the insider now directly owns 13,928 shares in the company, valued at approximately $738,323. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

salesforce.com, inc. (NYSE:CRM) traded down 3.86% on Tuesday, hitting $52.75. The stock had a trading volume of 6,299,317 shares. 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 $55.12 and a 200-day moving average of $56.29. The company’s market cap is $32.389 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.

A number of research firms have recently commented on CRM. 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 equities research analyst has rated the stock with a sell rating, four have issued a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the stock. salesforce.com, inc. currently has a consensus rating of “Buy” and an average price target of $67.00.

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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