Salesforce.com Inc (NYSE:CRM) insider Parker Harris sold 8,026 shares of the business’s stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $95.55, for a total transaction of $766,884.30. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Parker Harris also recently made the following trade(s):

  • On Tuesday, October 3rd, Parker Harris sold 8,026 shares of Salesforce.com stock. The stock was sold at an average price of $94.92, for a total transaction of $761,827.92.
  • On Tuesday, September 26th, Parker Harris sold 8,026 shares of Salesforce.com stock. The stock was sold at an average price of $92.61, for a total transaction of $743,287.86.
  • On Tuesday, September 19th, Parker Harris sold 8,026 shares of Salesforce.com stock. The stock was sold at an average price of $95.60, for a total transaction of $767,285.60.
  • On Tuesday, September 12th, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $96.57, for a total transaction of $775,167.39.
  • On Tuesday, September 5th, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $96.01, for a total transaction of $770,672.27.
  • On Tuesday, August 22nd, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $92.75, for a total transaction of $744,504.25.
  • On Tuesday, August 15th, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $90.76, for a total transaction of $728,530.52.
  • On Tuesday, August 8th, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $90.29, for a total transaction of $724,757.83.
  • On Tuesday, August 1st, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $91.30, for a total transaction of $732,865.10.
  • On Tuesday, July 25th, Parker Harris sold 8,027 shares of Salesforce.com stock. The stock was sold at an average price of $90.38, for a total transaction of $725,480.26.

Salesforce.com Inc (CRM) traded down 0.91% during mid-day trading on Tuesday, reaching $95.39. 2,029,189 shares of the company’s stock were exchanged. Salesforce.com Inc has a 52 week low of $66.43 and a 52 week high of $98.22. The stock has a 50-day moving average price of $94.92 and a 200-day moving average price of $89.58. The stock’s market cap is $68.56 billion.

Salesforce.com (NYSE:CRM) last posted its earnings results on Tuesday, August 22nd. The CRM provider reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.24. The company had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.52 billion. Salesforce.com had a positive return on equity of 1.83% and a negative net margin of 0.85%. The company’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.24 EPS. On average, analysts forecast that Salesforce.com Inc will post $1.32 earnings per share for the current year.

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Several equities analysts have recently commented on the stock. Northland Securities set a $105.00 price target on shares of Salesforce.com and gave the stock a “buy” rating in a research report on Saturday, June 24th. Robert W. Baird restated a “buy” rating and set a $110.00 price target (up previously from $100.00) on shares of Salesforce.com in a research report on Wednesday, August 23rd. Drexel Hamilton restated a “buy” rating and set a $111.00 price target on shares of Salesforce.com in a research report on Wednesday, August 23rd. UBS AG restated a “buy” rating and set a $100.00 price target on shares of Salesforce.com in a research report on Thursday, August 24th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and set a $100.00 price target on shares of Salesforce.com in a research report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and forty-five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $102.66.

Institutional investors have recently bought and sold shares of the company. Synovus Financial Corp grew its position in shares of Salesforce.com by 10.7% during the 2nd quarter. Synovus Financial Corp now owns 22,247 shares of the CRM provider’s stock worth $1,927,000 after buying an additional 2,144 shares during the period. Dai Ichi Life Insurance Company Ltd grew its position in shares of Salesforce.com by 142.5% during the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 124,707 shares of the CRM provider’s stock worth $10,800,000 after buying an additional 73,271 shares during the period. Rosenblum Silverman Sutton S F Inc. CA grew its position in shares of Salesforce.com by 15.6% during the 2nd quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 60,612 shares of the CRM provider’s stock worth $5,249,000 after buying an additional 8,181 shares during the period. Prudential Financial Inc. grew its position in shares of Salesforce.com by 1.4% during the 2nd quarter. Prudential Financial Inc. now owns 911,249 shares of the CRM provider’s stock worth $78,914,000 after buying an additional 12,516 shares during the period. Finally, Summit Global Investments grew its position in shares of Salesforce.com by 85.3% during the 2nd quarter. Summit Global Investments now owns 23,394 shares of the CRM provider’s stock worth $2,026,000 after buying an additional 10,768 shares during the period. Institutional investors own 86.06% of the company’s stock.

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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