Salesforce.com Inc (NYSE:CRM) insider Maria Martinez sold 726 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $93.38, for a total transaction of $67,793.88. Following the sale, the insider now directly owns 20,833 shares of the company’s stock, valued at approximately $1,945,385.54. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Maria Martinez also recently made the following trade(s):

  • On Tuesday, August 29th, Maria Martinez sold 940 shares of Salesforce.com stock. The shares were sold at an average price of $92.75, for a total transaction of $87,185.00.
  • On Friday, July 28th, Maria Martinez sold 940 shares of Salesforce.com stock. The shares were sold at an average price of $90.14, for a total transaction of $84,731.60.
  • On Thursday, July 27th, Maria Martinez sold 10,000 shares of Salesforce.com stock. The shares were sold at an average price of $92.00, for a total transaction of $920,000.00.
  • On Wednesday, June 28th, Maria Martinez sold 13,700 shares of Salesforce.com stock. The shares were sold at an average price of $87.40, for a total transaction of $1,197,380.00.

Shares of Salesforce.com Inc (CRM) opened at 94.86 on Thursday. The stock has a 50 day moving average of $90.44 and a 200-day moving average of $86.60. Salesforce.com Inc has a 1-year low of $66.43 and a 1-year high of $95.23. The firm’s market cap is $68.18 billion.

Salesforce.com (NYSE:CRM) last posted its earnings results on Tuesday, August 22nd. The CRM provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.24. The company had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Salesforce.com had a positive return on equity of 1.83% and a negative net margin of 0.85%. The firm’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share. Equities analysts anticipate that Salesforce.com Inc will post $1.31 EPS for the current fiscal year.

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A number of research analysts recently weighed in on the stock. Northland Securities set a $105.00 target price on shares of Salesforce.com and gave the company a “buy” rating in a research note on Saturday, June 24th. MKM Partners restated a “buy” rating and set a $104.00 target price (up previously from $98.00) on shares of Salesforce.com in a research note on Friday, May 19th. Jefferies Group LLC restated a “hold” rating and set a $80.00 target price on shares of Salesforce.com in a research note on Monday, May 22nd. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Salesforce.com in a research note on Monday, May 22nd. Finally, Robert W. Baird restated a “buy” rating and set a $110.00 target price (up previously from $100.00) on shares of Salesforce.com in a research note on Wednesday, August 23rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and forty-five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $101.72.

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Salesforce.com by 5.2% in the second quarter. Vanguard Group Inc. now owns 46,149,530 shares of the CRM provider’s stock worth $3,996,548,000 after buying an additional 2,268,623 shares during the last quarter. Jennison Associates LLC boosted its stake in Salesforce.com by 17.0% in the second quarter. Jennison Associates LLC now owns 18,819,812 shares of the CRM provider’s stock worth $1,629,796,000 after buying an additional 2,740,329 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Salesforce.com by 911.7% in the second quarter. Janus Henderson Group PLC now owns 12,759,741 shares of the CRM provider’s stock worth $1,104,945,000 after buying an additional 11,498,509 shares during the last quarter. Janus Capital Management LLC boosted its stake in Salesforce.com by 21.6% in the first quarter. Janus Capital Management LLC now owns 10,755,181 shares of the CRM provider’s stock worth $927,363,000 after buying an additional 1,910,921 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its stake in Salesforce.com by 6.8% in the second quarter. TIAA CREF Investment Management LLC now owns 9,344,787 shares of the CRM provider’s stock worth $809,259,000 after buying an additional 592,409 shares during the last quarter. Institutional investors own 86.98% of the company’s stock.

About Salesforce.com

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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