Salesforce.com Inc (NYSE:CRM) Director John Victor Roos sold 228 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $90.00, for a total value of $20,520.00. Following the transaction, the director now owns 15,676 shares of the company’s stock, valued at approximately $1,410,840. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Victor Roos also recently made the following trade(s):

  • On Thursday, July 27th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $91.31, for a total value of $20,818.68.
  • On Thursday, July 20th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $89.69, for a total value of $20,449.32.
  • On Thursday, July 13th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $90.50, for a total value of $20,634.00.
  • On Thursday, July 6th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $86.62, for a total value of $19,749.36.
  • On Thursday, June 29th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $87.65, for a total value of $19,984.20.
  • On Thursday, June 22nd, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $88.03, for a total value of $20,070.84.
  • On Thursday, June 15th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $85.99, for a total value of $19,605.72.
  • On Thursday, June 8th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $91.39, for a total value of $20,836.92.
  • On Thursday, June 1st, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $90.00, for a total value of $20,520.00.
  • On Thursday, May 25th, John Victor Roos sold 191 shares of Salesforce.com stock. The shares were sold at an average price of $90.04, for a total value of $17,197.64.

Shares of Salesforce.com Inc (NYSE:CRM) traded up 0.06% during trading on Monday, hitting $90.50. The stock had a trading volume of 1,903,297 shares. Salesforce.com Inc has a 52-week low of $66.43 and a 52-week high of $92.13. The firm’s 50-day moving average is $88.60 and its 200 day moving average is $85.06. The firm has a market cap of $64.45 billion, a price-to-earnings ratio of 478.84 and a beta of 1.29.

Salesforce.com (NYSE:CRM) last announced its earnings results on Thursday, May 18th. The CRM provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.02. Salesforce.com had a return on equity of 1.80% and a net margin of 1.49%. The business had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the firm earned $0.24 earnings per share. The business’s revenue was up 24.6% compared to the same quarter last year. On average, analysts expect that Salesforce.com Inc will post $1.30 EPS for the current year.

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Several institutional investors have recently made changes to their positions in CRM. KBC Group NV boosted its stake in Salesforce.com by 16.9% in the first quarter. KBC Group NV now owns 521,167 shares of the CRM provider’s stock valued at $42,991,000 after buying an additional 75,430 shares in the last quarter. Compton Capital Management Inc. RI bought a new stake in Salesforce.com during the first quarter valued at approximately $436,000. Shell Asset Management Co. boosted its stake in Salesforce.com by 0.7% in the first quarter. Shell Asset Management Co. now owns 72,793 shares of the CRM provider’s stock valued at $6,005,000 after buying an additional 497 shares in the last quarter. 1st Global Advisors Inc. boosted its stake in Salesforce.com by 35.1% in the first quarter. 1st Global Advisors Inc. now owns 15,029 shares of the CRM provider’s stock valued at $1,240,000 after buying an additional 3,903 shares in the last quarter. Finally, Nelson Roberts Investment Advisors LLC boosted its stake in Salesforce.com by 1.0% in the first quarter. Nelson Roberts Investment Advisors LLC now owns 74,979 shares of the CRM provider’s stock valued at $6,185,000 after buying an additional 725 shares in the last quarter. 85.87% of the stock is owned by institutional investors and hedge funds.

A number of research firms have issued reports on CRM. Vetr upgraded Salesforce.com from a “hold” rating to a “buy” rating and set a $95.22 price objective for the company in a report on Monday, May 15th. Zacks Investment Research downgraded Salesforce.com from a “hold” rating to a “sell” rating in a report on Tuesday, May 2nd. Credit Suisse Group began coverage on Salesforce.com in a report on Thursday, April 27th. They issued an “outperform” rating and a $110.00 price objective for the company. Royal Bank Of Canada reiterated a “buy” rating and issued a $102.00 price objective on shares of Salesforce.com in a report on Monday, July 31st. Finally, Piper Jaffray Companies reiterated an “overweight” rating and issued a $100.00 price objective on shares of Salesforce.com in a report on Sunday, May 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and forty have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $97.41.

About Salesforce.com

Salesforce.com, inc. is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. The Company’s service offerings are configured and integrated with other platforms and enterprise applications.

Insider Buying and Selling by Quarter for Salesforce.com (NYSE:CRM)

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