Salesforce.com, inc. (CRM) Insider Sells $27361.95 in Stock

Ivan Schwartz
June 1, 2017

Glynn Capital Management Llc bought 46,758 shares as the company's stock rose 7.28% with the market. It fall, as 89 investors sold salesforce.com, inc. shares while 255 reduced holdings. Considering the size of the deal, it is hard to remain hidden. Following the completion of the transaction, the insider now owns 23,376 shares in the company, valued at $1,939,272.96.

Analysts await CafePress Inc (NASDAQ:PRSS) to report earnings on August, 3. (NYSE:CRM) for 199,059 shares. The consensus mean EPS for the current quarter is at $0.32 derived from a total of 39 estimates from the analysts who have weighed in on projected earnings. CAT's profit will be $646.12M for 24.19 P/E if the $1.09 EPS becomes a reality. Credit Suisse upgraded the stock to "Outperform" rating in Thursday, October 29 report. The stock price decreased -0.48% or $0.44 versus $91.27 at the end of the prior session.

About 67,856 shares traded. Amf Pensionsforsakring Ab holds 0.55% or 691,855 shares in its portfolio. Hutchin Hill Cap Limited Partnership owns 124,200 shares or 0.29% of their U.S. portfolio. The New York-based Sachem Head Capital Management Lp has invested 5.58% in the stock. (NYSE:CRM). Kbc Gp Nv, a Belgium-based fund reported 445,737 shares.

Ratings analysis reveals 33% of Mondelez Int'l's analysts are positive. Susquehanna International Grp Ltd Liability Partnership holds 0.01% of its portfolio in salesforce.com, inc. The lowest target is $85.0 while the high is $110.0. The stock exchanged hands 5.28 Million shares versus average trading capacity of 4.53 Million shares, yielding a market cap of $64.61 Billion. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.08 on scale of 1-5. First Personal Financial Services now owns 1,611 shares of the CRM provider's stock valued at $133,000 after buying an additional 112 shares during the last quarter. Old Natl Commercial Bank In holds 0.07% in salesforce.com, inc. (CRM) by 3.82% based on its latest 2016Q4 regulatory filing with the SEC. The firm has "Overweight" rating by Barclays Capital given on Tuesday, November 10. Citigroup maintained the shares of CRM in report on Thursday, May 19 with "Buy" rating. The stock of Caterpillar Inc. The firm has "Outperform" rating by Oppenheimer given on Thursday, November 19.

The stock increased 0.03% or $0.03 during the last trading session, reaching $90.86. Over the past twelve months, Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since May 30, 2016 and is uptrending. It has underperformed by 9.03% the S&P500. Zacks Investment Research raised shares of salesforce.com, inc. from a "hold" rating to a "buy" rating and set a $90.00 target price for the company in a research note on Monday, February 6th. Therefore 87% are positive. Rathbone Brothers Public Ltd Company reported 0.81% in salesforce.com, inc. The stock was sold at an average price of $80.84, for a total transaction of $697,164.16. Salesforce.com had 117 analyst reports since August 21, 2015 according to SRatingsIntel. BMO Capital Markets reaffirmed a "buy" rating and issued a $92.00 target price on shares of salesforce.com, inc.in a research note on Wednesday, February 22nd. The rating was maintained by Wedbush with "Neutral" on Friday, July 29. FBR Capital maintained Alphabet Inc (NASDAQ:GOOGL) on Tuesday, February 2 with "Outperform" rating. The firm earned "Buy" rating on Thursday, May 19 by Stifel Nicolaus. Below is a list of salesforce.com, inc. (NYSE:CRM) has risen 7.78% since May 31, 2016 and is uptrending.

Beta is also an important valuation ratio for analyzing the stock of the company, CRM has Beta of 1.24 while its industry and Sector's beta remains at 0.45 and 1.32 respectively. 6,274 are held by Advisor Partners Ltd Limited Liability Company.

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Investors sentiment decreased to 0.99 in Q4 2016. Its down 0.14, from 1.13 in 2016Q3. Furthermore on 1/12/17 Pivotal Research "Downgrades" the stock to Hold at $76. 98 funds opened positions while 244 raised stakes. 588.03 million shares or 3.26% more from 569.46 million shares in 2016Q3 were reported. 25,402 are held by Wesbanco Retail Bank. $9,907 worth of salesforce.com, inc. Seeks to Expand on Past Success With Latest $100 Million ..." published on May 10, 2017, Seekingalpha.com published: "Salesforce Earnings Preview: "2nd Best Quarter In History Expected" on May 15, 2017.

Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). Northwestern Mutual Wealth Mngmt accumulated 0.05% or 63,154 shares. Iowa National Bank & Trust stated it has 51,717 shares. Blackrock Limited Liability Corporation reported 0.11% in salesforce.com, inc. Federated Investors Pa accumulated 1.38 million shares. Also, Chairman Marc Benioff sold 20,000 shares of the company's stock in a transaction on Friday, March 3rd. Kanaly Tru Company has 0.01% invested in salesforce.com, inc. Essex Invest Ltd holds 0.41% or 36,543 shares.

Since December 1, 2016, it had 6 insider buys, and 185 insider sales for $153.30 million activity. 490 shares were sold by Hawkins Mark J, worth $43,436.

More notable recent salesforce.com, inc. BLOCK KEITH had sold 10,000 shares worth $833,549. On Tuesday, February 28 the insider Allanson Joe sold $47,352. On average, equities research analysts forecast that salesforce.com, inc. will post $1.30 EPS for the current fiscal year.

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