salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff sold 5,000 shares of the company’s stock in a transaction dated Friday, January 18th. The shares were sold at an average price of $152.15, for a total transaction of $760,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, January 22nd, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $149.47, for a total transaction of $747,350.00.
  • On Monday, January 14th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $145.90, for a total transaction of $729,500.00.
  • On Wednesday, January 16th, Marc Benioff sold 15,000 shares of salesforce.com stock. The shares were sold at an average price of $147.78, for a total transaction of $2,216,700.00.
  • On Friday, January 11th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $147.23, for a total transaction of $736,150.00.
  • On Monday, January 7th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $141.91, for a total transaction of $709,550.00.
  • On Friday, January 4th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $137.06, for a total transaction of $685,300.00.
  • On Saturday, December 28th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $134.96, for a total transaction of $674,800.00.
  • On Wednesday, January 2nd, Marc Benioff sold 10,000 shares of salesforce.com stock. The shares were sold at an average price of $135.10, for a total transaction of $1,351,000.00.
  • On Monday, December 24th, Marc Benioff sold 5,000 shares of salesforce.com stock. The shares were sold at an average price of $122.58, for a total transaction of $612,900.00.
  • On Thursday, December 27th, Marc Benioff sold 15,000 shares of salesforce.com stock. The shares were sold at an average price of $126.27, for a total transaction of $1,894,050.00.

CRM stock traded down $3.56 on Tuesday, hitting $148.95. 5,196,556 shares of the company were exchanged, compared to its average volume of 5,847,362. salesforce.com, inc. has a twelve month low of $102.37 and a twelve month high of $161.19. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $116.67 billion, a price-to-earnings ratio of 331.00, a price-to-earnings-growth ratio of 4.79 and a beta of 1.28.

salesforce.com (NYSE:CRM) last issued its quarterly earnings results on Tuesday, November 27th. The CRM provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.50 by $0.11. salesforce.com had a net margin of 6.51% and a return on equity of 8.06%. The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the prior year, the business posted $0.39 earnings per share. salesforce.com’s revenue for the quarter was up 25.6% compared to the same quarter last year. As a group, equities analysts forecast that salesforce.com, inc. will post 1.32 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its position in shares of salesforce.com by 3.5% in the second quarter. FMR LLC now owns 89,621,104 shares of the CRM provider’s stock worth $12,224,319,000 after acquiring an additional 3,066,099 shares in the last quarter. Vanguard Group Inc. increased its position in shares of salesforce.com by 4.6% in the third quarter. Vanguard Group Inc. now owns 54,471,296 shares of the CRM provider’s stock worth $8,662,570,000 after acquiring an additional 2,398,648 shares in the last quarter. Vanguard Group Inc increased its position in shares of salesforce.com by 4.6% in the third quarter. Vanguard Group Inc now owns 54,471,296 shares of the CRM provider’s stock worth $8,662,570,000 after acquiring an additional 2,398,648 shares in the last quarter. BlackRock Inc. increased its position in shares of salesforce.com by 5.1% in the third quarter. BlackRock Inc. now owns 46,948,526 shares of the CRM provider’s stock worth $7,466,224,000 after acquiring an additional 2,292,873 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of salesforce.com by 2.0% in the third quarter. Morgan Stanley now owns 14,792,319 shares of the CRM provider’s stock worth $2,352,421,000 after acquiring an additional 296,317 shares in the last quarter. 81.81% of the stock is owned by institutional investors.

A number of research firms have recently weighed in on CRM. Stephens began coverage on shares of salesforce.com in a research report on Wednesday, January 16th. They issued an “overweight” rating and a $183.00 price objective for the company. Atlantic Securities began coverage on shares of salesforce.com in a research report on Wednesday, January 9th. They issued an “overweight” rating and a $179.00 price objective for the company. Wedbush reissued an “outperform” rating and issued a $166.00 price objective on shares of salesforce.com in a research report on Monday, January 7th. Pivotal Research raised shares of salesforce.com from a “hold” rating to a “buy” rating and boosted their price objective for the company from $140.00 to $164.00 in a research report on Monday, January 7th. Finally, ValuEngine raised shares of salesforce.com from a “hold” rating to a “buy” rating in a research report on Wednesday, January 2nd. Three investment analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $170.38.

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salesforce.com Company Profile

salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.

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

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