salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff sold 5,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $108.20, for a total transaction of $541,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Marc Benioff also recently made the following trade(s):

  • On Wednesday, February 14th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $108.21, for a total transaction of $541,050.00.
  • On Friday, February 9th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $105.36, for a total transaction of $526,800.00.
  • On Wednesday, February 7th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $110.74, for a total transaction of $553,700.00.
  • On Friday, February 2nd, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $111.45, for a total transaction of $557,250.00.
  • On Monday, February 5th, Marc Benioff sold 10,000 shares of salesforce.com stock. The stock was sold at an average price of $110.71, for a total transaction of $1,107,100.00.
  • On Wednesday, January 31st, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $113.93, for a total transaction of $569,650.00.
  • On Monday, January 29th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00.
  • On Friday, January 26th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $113.37, for a total transaction of $566,850.00.
  • On Wednesday, January 24th, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $113.09, for a total transaction of $565,450.00.
  • On Monday, January 22nd, Marc Benioff sold 5,000 shares of salesforce.com stock. The stock was sold at an average price of $112.36, for a total transaction of $561,800.00.

Shares of salesforce.com, inc. (NYSE CRM) opened at $109.02 on Thursday. The firm has a market cap of $77,784.49, a PE ratio of 336.53, a P/E/G ratio of 5.97 and a beta of 1.32. salesforce.com, inc. has a 12 month low of $80.25 and a 12 month high of $114.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.82 and a current ratio of 0.82.

salesforce.com (NYSE:CRM) last announced its quarterly earnings results on Tuesday, November 21st. The CRM provider reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. salesforce.com had a net margin of 0.09% and a return on equity of 2.81%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same quarter last year, the business earned $0.24 earnings per share. salesforce.com’s revenue was up 25.0% compared to the same quarter last year. analysts expect that salesforce.com, inc. will post 0.43 EPS for the current year.

Several large investors have recently made changes to their positions in the business. Ameritas Investment Partners Inc. increased its stake in shares of salesforce.com by 0.6% in the second quarter. Ameritas Investment Partners Inc. now owns 15,158 shares of the CRM provider’s stock valued at $1,313,000 after purchasing an additional 93 shares during the period. National Asset Management Inc. increased its stake in shares of salesforce.com by 6.2% in the second quarter. National Asset Management Inc. now owns 4,304 shares of the CRM provider’s stock valued at $373,000 after purchasing an additional 253 shares during the period. Sandy Spring Bank increased its stake in shares of salesforce.com by 1.7% in the fourth quarter. Sandy Spring Bank now owns 27,382 shares of the CRM provider’s stock valued at $2,799,000 after purchasing an additional 470 shares during the period. King Luther Capital Management Corp increased its stake in shares of salesforce.com by 16.3% in the third quarter. King Luther Capital Management Corp now owns 3,414 shares of the CRM provider’s stock valued at $319,000 after purchasing an additional 479 shares during the period. Finally, Cetera Advisors LLC increased its stake in shares of salesforce.com by 17.5% in the fourth quarter. Cetera Advisors LLC now owns 3,259 shares of the CRM provider’s stock valued at $334,000 after purchasing an additional 485 shares during the period. Institutional investors own 85.33% of the company’s stock.

A number of brokerages recently weighed in on CRM. Vetr raised shares of salesforce.com from a “hold” rating to a “buy” rating and set a $113.54 price target for the company in a research report on Monday. Guggenheim reaffirmed a “buy” rating and set a $128.00 price target on shares of salesforce.com in a research report on Thursday, January 11th. UBS Group set a $135.00 price target on shares of salesforce.com and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Goldman Sachs Group set a $110.00 price target on shares of salesforce.com and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Finally, Cleveland Research began coverage on shares of salesforce.com in a research report on Wednesday, January 31st. They set a “buy” rating for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and forty-five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $113.62.

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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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