salesforce.com, inc. (CRM) Director John Victor Roos Sells 194 Shares

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 194 shares of the business’s stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of $83.99, for a total value of $16,294.06. Following the completion of the transaction, the director now directly owns 17,423 shares of the company’s stock, valued at approximately $1,463,357.77. The transaction was disclosed in a legal 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, April 13th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $83.20, for a total value of $16,140.80.
  • On Thursday, April 6th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $85.35, for a total value of $16,557.90.
  • On Thursday, March 30th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $82.25, for a total value of $15,956.50.
  • On Thursday, March 23rd, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $82.00, for a total value of $15,908.00.
  • On Thursday, March 16th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $83.88, for a total value of $16,272.72.
  • On Thursday, March 9th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. The stock was sold at an average price of $83.19, for a total value of $16,138.86.
  • On Thursday, March 2nd, John Victor Roos sold 141 shares of salesforce.com, inc. stock. The stock was sold at an average price of $83.56, for a total value of $11,781.96.
  • On Thursday, February 23rd, John Victor Roos sold 144 shares of salesforce.com, inc. stock. The stock was sold at an average price of $82.24, for a total value of $11,842.56.
  • On Thursday, February 16th, John Victor Roos sold 144 shares of salesforce.com, inc. stock. The stock was sold at an average price of $81.68, for a total value of $11,761.92.
  • On Thursday, February 9th, John Victor Roos sold 144 shares of salesforce.com, inc. stock. The stock was sold at an average price of $80.75, for a total value of $11,628.00.

Shares of salesforce.com, inc. (NYSE:CRM) traded down 0.220% during trading on Friday, reaching $83.865. The company’s stock had a trading volume of 2,486,382 shares. The stock has a market cap of $59.33 billion, a price-to-earnings ratio of 322.558 and a beta of 1.42. The company has a 50 day moving average of $83.10 and a 200-day moving average of $76.92. salesforce.com, inc. has a 12-month low of $66.43 and a 12-month high of $86.42.

salesforce.com, inc. (NYSE:CRM) last released its quarterly earnings data on Tuesday, February 28th. The CRM provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.25 by $0.23. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. salesforce.com, inc. had a return on equity of 2.40% and a net margin of 2.60%. The company’s revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 earnings per share. Analysts forecast that salesforce.com, inc. will post $1.29 EPS for the current year.

Insider Buying and Selling by Quarter for salesforce.com, inc. (NYSE:CRM)

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its stake in shares of salesforce.com, inc. by 7.0% in the fourth quarter. State Street Corp now owns 26,765,636 shares of the CRM provider’s stock worth $1,832,372,000 after buying an additional 1,756,272 shares during the period. Jennison Associates LLC increased its stake in shares of salesforce.com, inc. by 3.2% in the third quarter. Jennison Associates LLC now owns 20,758,784 shares of the CRM provider’s stock worth $1,480,724,000 after buying an additional 649,445 shares during the period. Janus Capital Management LLC increased its stake in shares of salesforce.com, inc. by 24.3% in the fourth quarter. Janus Capital Management LLC now owns 8,844,260 shares of the CRM provider’s stock worth $605,886,000 after buying an additional 1,727,696 shares during the period. Norges Bank bought a new stake in shares of salesforce.com, inc. during the fourth quarter worth $382,802,000. Finally, UBS Asset Management Americas Inc. increased its stake in shares of salesforce.com, inc. by 0.7% in the third quarter. UBS Asset Management Americas Inc. now owns 4,873,121 shares of the CRM provider’s stock worth $347,599,000 after buying an additional 33,623 shares during the period. Institutional investors own 83.13% of the company’s stock.

CRM has been the subject of several research analyst reports. Goldman Sachs Group Inc downgraded salesforce.com, inc. from a “conviction-buy” rating to a “buy” rating and boosted their target price for the stock from $79.10 to $96.00 in a research note on Wednesday, February 1st. Deutsche Bank AG reaffirmed a “buy” rating and issued a $90.00 price objective on shares of salesforce.com, inc. in a research note on Tuesday, January 31st. JMP Securities reaffirmed an “outperform” rating and issued a $92.00 price objective on shares of salesforce.com, inc. in a research note on Monday, March 20th. Vetr raised salesforce.com, inc. from a “buy” rating to a “strong-buy” rating and set a $93.31 price objective for the company in a research note on Monday, March 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $107.00 price objective on shares of salesforce.com, inc. in a research note on Wednesday, March 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and forty-one have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $94.02.

salesforce.com, inc. 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.

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