Salesforce.com Inc (NYSE:CRM) Director Craig Conway sold 250 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $105.90, for a total value of $26,475.00. Following the transaction, the director now directly owns 9,408 shares in the company, valued at approximately $996,307.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Craig Conway also recently made the following trade(s):

  • On Monday, October 16th, Craig Conway sold 250 shares of Salesforce.com stock. The stock was sold at an average price of $97.00, for a total value of $24,250.00.
  • On Monday, September 25th, Craig Conway sold 602 shares of Salesforce.com stock. The shares were sold at an average price of $94.76, for a total value of $57,045.52.

Salesforce.com Inc (NYSE CRM) traded up $0.45 during trading on Wednesday, hitting $106.23. 4,366,800 shares of the company’s stock traded hands, compared to its average volume of 4,365,185. Salesforce.com Inc has a 1 year low of $66.43 and a 1 year high of $106.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market cap of $76,460.00, a PE ratio of 528.90, a P/E/G ratio of 10.49 and a beta of 1.23.

Salesforce.com (NYSE:CRM) last posted its earnings results on Tuesday, August 22nd. The CRM provider reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.24. Salesforce.com had a negative net margin of 0.85% and a positive return on equity of 1.83%. The firm had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the firm earned $0.24 EPS. The company’s quarterly revenue was up 25.7% compared to the same quarter last year. sell-side analysts expect that Salesforce.com Inc will post 0.4 EPS for the current fiscal year.

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Several equities analysts have recently commented on CRM shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $102.00 target price on shares of Salesforce.com in a research report on Monday, July 31st. BTIG Research reaffirmed a “buy” rating and issued a $100.00 target price on shares of Salesforce.com in a research report on Wednesday, August 23rd. Robert W. Baird reaffirmed a “buy” rating and issued a $110.00 target price (up previously from $100.00) on shares of Salesforce.com in a research report on Wednesday, August 23rd. Stifel Nicolaus upped their target price on Salesforce.com from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Finally, KeyCorp reaffirmed a “buy” rating and issued a $108.00 target price on shares of Salesforce.com in a research report on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and forty-six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $107.77.

Several institutional investors have recently bought and sold shares of the business. Thompson Davis & CO. Inc. lifted its position in shares of Salesforce.com by 0.6% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 3,163 shares of the CRM provider’s stock worth $274,000 after buying an additional 18 shares in the last quarter. First Personal Financial Services lifted its position in shares of Salesforce.com by 1.6% during the 2nd quarter. First Personal Financial Services now owns 1,636 shares of the CRM provider’s stock worth $142,000 after buying an additional 25 shares in the last quarter. Appropriate Balance Financial Services Inc. lifted its position in shares of Salesforce.com by 6.9% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 513 shares of the CRM provider’s stock worth $5,928,000 after buying an additional 33 shares in the last quarter. Boston Private Wealth LLC raised its holdings in shares of Salesforce.com by 0.3% in the 2nd quarter. Boston Private Wealth LLC now owns 12,607 shares of the CRM provider’s stock worth $1,092,000 after purchasing an additional 38 shares during the period. Finally, Intrust Bank NA raised its holdings in shares of Salesforce.com by 0.7% in the 2nd quarter. Intrust Bank NA now owns 8,924 shares of the CRM provider’s stock worth $773,000 after purchasing an additional 62 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Salesforce.com Company Profile

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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