Insider Selling: salesforce.com, inc. (CRM) Director Sells $17,498.05 in Stock

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 113 shares of the company’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $154.85, for a total transaction of $17,498.05. Following the completion of the transaction, the director now directly owns 11,141 shares in the company, valued at approximately $1,725,183.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

John Victor Roos also recently made the following trade(s):

  • On Thursday, April 11th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $160.24, for a total transaction of $18,107.12.
  • On Thursday, April 4th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $162.67, for a total transaction of $18,381.71.
  • On Thursday, March 28th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $155.82, for a total transaction of $17,607.66.
  • On Thursday, March 21st, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $163.39, for a total transaction of $18,463.07.
  • On Thursday, March 14th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $160.36, for a total transaction of $18,120.68.
  • On Thursday, March 7th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $156.20, for a total transaction of $17,650.60.
  • On Thursday, February 28th, John Victor Roos sold 114 shares of salesforce.com stock. The stock was sold at an average price of $163.05, for a total transaction of $18,587.70.
  • On Thursday, February 21st, John Victor Roos sold 114 shares of salesforce.com stock. The stock was sold at an average price of $157.98, for a total transaction of $18,009.72.
  • On Thursday, February 7th, John Victor Roos sold 114 shares of salesforce.com stock. The stock was sold at an average price of $155.96, for a total transaction of $17,779.44.
  • On Thursday, January 31st, John Victor Roos sold 114 shares of salesforce.com stock. The stock was sold at an average price of $148.87, for a total transaction of $16,971.18.

NYSE CRM opened at $155.99 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.20. salesforce.com, inc. has a 12-month low of $113.60 and a 12-month high of $166.99. The stock has a market cap of $120.23 billion, a price-to-earnings ratio of 107.58, a price-to-earnings-growth ratio of 5.68 and a beta of 1.39.

salesforce.com (NYSE:CRM) last posted its quarterly earnings results on Monday, March 4th. The CRM provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.14. salesforce.com had a net margin of 8.36% and a return on equity of 8.42%. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.56 billion. During the same period in the prior year, the business posted $0.35 earnings per share. Sell-side analysts predict that salesforce.com, inc. will post 1.2 earnings per share for the current fiscal year.

Several research analysts have recently weighed in on CRM shares. ValuEngine raised shares of salesforce.com from a “hold” rating to a “buy” rating in a report on Wednesday, January 2nd. Pivotal Research raised salesforce.com from a “hold” rating to a “buy” rating and increased their target price for the company from $140.00 to $164.00 in a research note on Monday, January 7th. Wedbush reissued an “outperform” rating and issued a $166.00 target price on shares of salesforce.com in a research note on Monday, January 7th. Atlantic Securities began coverage on salesforce.com in a research note on Wednesday, January 9th. They issued an “overweight” rating and a $179.00 target price on the stock. Finally, Stephens began coverage on salesforce.com in a research note on Wednesday, January 16th. They issued an “overweight” rating and a $183.00 target price on the stock. Three analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $177.82.

A number of hedge funds and other institutional investors have recently bought and sold shares of CRM. Clear Harbor Asset Management LLC boosted its holdings in shares of salesforce.com by 9.7% during the first quarter. Clear Harbor Asset Management LLC now owns 5,658 shares of the CRM provider’s stock worth $896,000 after purchasing an additional 500 shares during the period. Watch Point Trust Co boosted its holdings in shares of salesforce.com by 15.9% during the first quarter. Watch Point Trust Co now owns 27,249 shares of the CRM provider’s stock worth $4,316,000 after purchasing an additional 3,738 shares during the period. Starfire Investment Advisers Inc. purchased a new stake in shares of salesforce.com during the first quarter worth about $271,000. Renaissance Investment Group LLC purchased a new stake in shares of salesforce.com during the first quarter worth about $214,000. Finally, Strs Ohio boosted its holdings in shares of salesforce.com by 0.5% during the first quarter. Strs Ohio now owns 979,129 shares of the CRM provider’s stock worth $155,064,000 after purchasing an additional 5,210 shares during the period. Institutional investors and hedge funds own 83.02% of the company’s stock.

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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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