salesforce.com, inc. (NYSE:CRM) Director Susan Wojcicki bought 6,000 shares of the company’s stock in a transaction on Tuesday, January 9th. The stock was purchased at an average cost of $109.14 per share, for a total transaction of $654,840.00. Following the completion of the transaction, the director now directly owns 39,223 shares of the company’s stock, valued at approximately $4,280,798.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

salesforce.com, inc. (NYSE:CRM) traded down $0.35 during midday trading on Wednesday, reaching $108.80. The company had a trading volume of 3,110,000 shares, compared to its average volume of 4,260,000. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.08. salesforce.com, inc. has a one year low of $73.44 and a one year high of $109.49. The stock has a market cap of $78,590.00, a PE ratio of 10,880.00, a PEG ratio of 10.09 and a beta of 1.24.

salesforce.com (NYSE:CRM) last posted its quarterly earnings results on Tuesday, November 21st. The CRM provider reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. salesforce.com had a return on equity of 2.81% and a net margin of 0.09%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the firm earned $0.24 EPS. The firm’s revenue was up 25.0% compared to the same quarter last year. sell-side analysts predict that salesforce.com, inc. will post 0.43 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in salesforce.com by 5.2% in the 2nd quarter. Vanguard Group Inc. now owns 46,149,530 shares of the CRM provider’s stock worth $3,996,548,000 after acquiring an additional 2,268,623 shares during the last quarter. Janus Henderson Group PLC increased its stake in salesforce.com by 5.3% in the 3rd quarter. Janus Henderson Group PLC now owns 13,435,212 shares of the CRM provider’s stock worth $1,255,082,000 after acquiring an additional 675,471 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in salesforce.com by 6.8% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 9,344,787 shares of the CRM provider’s stock worth $809,259,000 after acquiring an additional 592,409 shares during the last quarter. Winslow Capital Management LLC increased its stake in salesforce.com by 12.0% in the 2nd quarter. Winslow Capital Management LLC now owns 6,266,919 shares of the CRM provider’s stock worth $542,715,000 after acquiring an additional 670,197 shares during the last quarter. Finally, Tybourne Capital Management HK Ltd. increased its stake in salesforce.com by 76.5% in the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 4,738,144 shares of the CRM provider’s stock worth $410,323,000 after acquiring an additional 2,053,200 shares during the last quarter. 85.57% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have issued reports on CRM. Piper Jaffray Companies reissued a “buy” rating on shares of salesforce.com in a research report on Tuesday, September 26th. Vetr cut salesforce.com from a “buy” rating to a “hold” rating and set a $111.23 target price on the stock. in a research report on Monday. Cowen reissued an “outperform” rating and issued a $105.00 target price (up from $100.00) on shares of salesforce.com in a research report on Tuesday, October 3rd. Robert W. Baird set a $110.00 price objective on salesforce.com and gave the company a “buy” rating in a research report on Sunday, October 1st. Finally, Goldman Sachs Group set a $110.00 price objective on salesforce.com and gave the company a “buy” rating in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and forty-three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $112.60.

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salesforce.com Company Profile

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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