salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 113 shares of the business’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $156.78, for a total value of $17,716.14. Following the transaction, the director now owns 10,567 shares in the company, valued at approximately $1,656,694.26. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

  • On Friday, July 5th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $153.87, for a total value of $17,387.31.
  • On Thursday, June 27th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $149.98, for a total value of $16,947.74.
  • On Thursday, June 20th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $156.30, for a total value of $17,661.90.
  • On Thursday, June 13th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $152.00, for a total value of $17,176.00.
  • On Thursday, June 6th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $158.50, for a total value of $17,910.50.
  • On Thursday, May 30th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $154.32, for a total value of $17,438.16.
  • On Thursday, May 23rd, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $155.91, for a total value of $17,617.83.
  • On Thursday, May 9th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $154.82, for a total value of $17,494.66.
  • On Thursday, May 2nd, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $161.69, for a total value of $18,270.97.
  • On Thursday, April 25th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $162.10, for a total value of $18,317.30.

Shares of salesforce.com stock traded up $2.63 during midday trading on Thursday, hitting $158.90. The company had a trading volume of 6,882,143 shares, compared to its average volume of 5,713,505. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.34. The firm has a market cap of $119.95 billion, a PE ratio of 109.59, a P/E/G ratio of 5.72 and a beta of 1.29. The firm has a 50 day moving average price of $153.58. salesforce.com, inc. has a 52-week low of $113.60 and a 52-week high of $167.56.

salesforce.com (NYSE:CRM) last posted its quarterly earnings results on Tuesday, June 4th. The CRM provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.32. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. salesforce.com had a return on equity of 8.18% and a net margin of 8.26%. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.74 EPS. As a group, equities analysts expect that salesforce.com, inc. will post 1.25 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on CRM shares. Royal Bank of Canada restated an “outperform” rating and set a GBX 150 ($1.96) price target on shares of in a report on Monday, June 17th. OTR Global downgraded salesforce.com to a “positive” rating in a report on Wednesday, May 15th. BNP Paribas started coverage on Workday in a report on Friday, March 29th. They set an “underperform” rating and a $125.00 target price on the stock. Barclays reiterated a “hold” rating on shares of Bank of Montreal in a report on Tuesday, June 11th. Finally, Bank of America set a $4.00 target price on GameStop and gave the stock a “sell” rating in a report on Wednesday, June 5th. Three research analysts have rated the stock with a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the company’s stock. salesforce.com has a consensus rating of “Buy” and an average target price of $179.97.

A number of hedge funds have recently added to or reduced their stakes in the stock. Comerica Securities Inc. lifted its holdings in shares of salesforce.com by 10.6% during the fourth quarter. Comerica Securities Inc. now owns 1,704 shares of the CRM provider’s stock valued at $233,000 after acquiring an additional 163 shares during the period. Resources Investment Advisors Inc. bought a new position in shares of salesforce.com during the fourth quarter valued at $45,000. Commonwealth Bank of Australia lifted its holdings in shares of salesforce.com by 4.0% during the fourth quarter. Commonwealth Bank of Australia now owns 7,413 shares of the CRM provider’s stock valued at $1,013,000 after acquiring an additional 286 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of salesforce.com by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 915,894 shares of the CRM provider’s stock valued at $125,446,000 after acquiring an additional 75,502 shares during the period. Finally, Prudential PLC lifted its holdings in shares of salesforce.com by 1.8% during the fourth quarter. Prudential PLC now owns 28,160 shares of the CRM provider’s stock valued at $3,857,000 after acquiring an additional 488 shares during the period. 81.53% of the stock is currently owned by institutional investors and hedge funds.

About salesforce.com

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.

Further Reading: The mechanics of the bid-ask spread in trading

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

Receive News & Ratings for salesforce.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for salesforce.com and related companies with MarketBeat.com's FREE daily email newsletter.