salesforce.com, inc. (CRM) Insider Amy E. Weaver Sells 1,400 Shares
salesforce.com, inc. (NYSE:CRM) insider Amy E. Weaver sold 1,400 shares of salesforce.com stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $120.90, for a total value of $169,260.00. Following the completion of the sale, the insider now owns 21,128 shares in the company, valued at approximately $2,554,375.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of salesforce.com, inc. (NYSE:CRM) opened at $121.92 on Friday. The stock has a market capitalization of $88,060.00, a PE ratio of 717.18, a P/E/G ratio of 6.75 and a beta of 1.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.82. salesforce.com, inc. has a 1 year low of $80.50 and a 1 year high of $122.47.
salesforce.com (NYSE:CRM) last announced its earnings results on Wednesday, February 28th. The CRM provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The firm had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.81 billion. salesforce.com had a return on equity of 3.86% and a net margin of 1.22%. The business’s revenue was up 24.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS. research analysts anticipate that salesforce.com, inc. will post 0.72 earnings per share for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Egerton Capital UK LLP purchased a new stake in salesforce.com during the 4th quarter valued at approximately $294,547,000. Arrowstreet Capital Limited Partnership raised its stake in salesforce.com by 323.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,568,872 shares of the CRM provider’s stock valued at $364,846,000 after acquiring an additional 2,725,972 shares during the last quarter. Tybourne Capital Management HK Ltd. raised its stake in salesforce.com by 27.8% during the 4th quarter. Tybourne Capital Management HK Ltd. now owns 4,346,500 shares of the CRM provider’s stock valued at $444,343,000 after acquiring an additional 945,000 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in salesforce.com during the 4th quarter valued at approximately $83,414,000. Finally, Janus Henderson Group PLC raised its stake in salesforce.com by 5.3% during the 3rd quarter. Janus Henderson Group PLC now owns 13,435,212 shares of the CRM provider’s stock valued at $1,255,082,000 after acquiring an additional 675,471 shares during the last quarter. 86.01% of the stock is owned by hedge funds and other institutional investors.
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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.
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