John Victor Roos Sells 113 Shares of salesforce.com, inc. (NYSE:CRM) Stock

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 113 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $158.50, for a total transaction of $17,910.50. Following the completion of the sale, the director now directly owns 11,132 shares of the company’s stock, valued at $1,764,422. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, June 27th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $149.98, for a total transaction of $16,947.74.
  • On Thursday, June 20th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $156.30, for a total transaction of $17,661.90.
  • On Thursday, June 13th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $152.00, for a total transaction of $17,176.00.
  • On Thursday, May 30th, John Victor Roos sold 113 shares of salesforce.com stock. The stock was sold at an average price of $154.32, for a total transaction 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 transaction 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 transaction 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 transaction 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 transaction of $18,317.30.
  • On Thursday, April 18th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $154.85, for a total transaction of $17,498.05.
  • On Thursday, April 11th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $160.24, for a total transaction of $18,107.12.

salesforce.com stock traded up $1.04 during midday trading on Friday, reaching $151.73. 6,933,966 shares of the company traded hands, compared to its average volume of 9,061,197. The stock has a market cap of $116.94 billion, a price-to-earnings ratio of 104.64, a price-to-earnings-growth ratio of 5.58 and a beta of 1.39. The company’s 50 day simple moving average is $154.25. salesforce.com, inc. has a 12 month low of $113.60 and a 12 month high of $167.56. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.96 and a quick ratio of 0.96.

salesforce.com (NYSE:CRM) last issued its quarterly earnings data on Tuesday, June 4th. The CRM provider reported $0.93 earnings per share for the quarter, beating the Zacks’ 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 net margin of 8.26% and a return on equity of 8.18%. The firm’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.74 earnings per share. Sell-side analysts forecast that salesforce.com, inc. will post 1.25 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CRM. Avondale Wealth Management raised its position in salesforce.com by 100.0% in the first quarter. Avondale Wealth Management now owns 160 shares of the CRM provider’s stock worth $25,000 after acquiring an additional 80 shares during the period. Citizens Financial Group Inc RI bought a new position in salesforce.com in the first quarter worth approximately $27,000. Patriot Financial Group Insurance Agency LLC bought a new position in salesforce.com in the fourth quarter worth approximately $28,000. CX Institutional raised its position in salesforce.com by 426.5% in the first quarter. CX Institutional now owns 179 shares of the CRM provider’s stock worth $28,000 after acquiring an additional 145 shares during the period. Finally, Arcadia Investment Management Corp MI raised its position in salesforce.com by 63.0% in the first quarter. Arcadia Investment Management Corp MI now owns 176 shares of the CRM provider’s stock worth $28,000 after acquiring an additional 68 shares during the period. Institutional investors and hedge funds own 81.53% of the company’s stock.

Several equities analysts have recently commented on the stock. Credit Suisse Group set a $175.00 price objective on shares of salesforce.com and gave the company a “buy” rating in a research note on Wednesday, June 5th. Royal Bank of Canada set a $183.00 price objective on shares of salesforce.com and gave the company a “buy” rating in a research note on Tuesday, June 11th. Zacks Investment Research downgraded shares of salesforce.com from a “buy” rating to a “hold” rating in a research note on Thursday, March 7th. Sanford C. Bernstein reaffirmed a “neutral” rating and set a $169.00 price objective on shares of salesforce.com in a research note on Tuesday, June 11th. Finally, Monness Crespi & Hardt reiterated a “buy” rating and set a $200.00 price target (up previously from $195.00) on shares of salesforce.com in a research report on Wednesday, June 5th. Four research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $179.97.

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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