salesforce.com, inc. (CRM) Insider Keith Block Sells 10,000 Shares

salesforce.com, inc. (NYSE:CRM) insider Keith Block sold 10,000 shares of the business’s stock in a transaction dated Thursday, March 16th. The shares were sold at an average price of $83.64, for a total value of $836,400.00. Following the completion of the sale, the insider now directly owns 10,000 shares of the company’s stock, valued at approximately $836,400. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Keith Block also recently made the following trade(s):

  • On Thursday, March 9th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $83.08, for a total value of $830,800.00.
  • On Tuesday, March 7th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $83.73, for a total value of $837,300.00.
  • On Thursday, March 2nd, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $83.02, for a total value of $830,200.00.
  • On Tuesday, February 28th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $81.32, for a total value of $813,200.00.
  • On Thursday, February 16th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $81.39, for a total value of $813,900.00.
  • On Tuesday, February 14th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $80.87, for a total value of $808,700.00.
  • On Thursday, February 2nd, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $78.67, for a total value of $786,700.00.
  • On Tuesday, January 31st, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $79.07, for a total value of $790,700.00.
  • On Thursday, January 26th, Keith Block sold 10,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $78.57, for a total value of $785,700.00.
  • On Wednesday, January 25th, Keith Block sold 150,000 shares of salesforce.com, inc. stock. The shares were sold at an average price of $78.00, for a total value of $11,700,000.00.

Shares of salesforce.com, inc. (NYSE:CRM) traded down 0.18% during midday trading on Monday, reaching $82.88. The company’s stock had a trading volume of 2,048,279 shares. salesforce.com, inc. has a 12-month low of $66.43 and a 12-month high of $84.48. The firm has a market capitalization of $58.63 billion, a P/E ratio of 318.77 and a beta of 1.42. The stock has a 50-day moving average of $81.59 and a 200 day moving average of $75.38.

salesforce.com, inc. (NYSE:CRM) last announced its quarterly earnings data on Tuesday, February 28th. The CRM provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. salesforce.com, inc. had a net margin of 2.60% and a return on equity of 2.40%. The business’s quarterly revenue was up 26.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 earnings per share. Equities research analysts predict that salesforce.com, inc. will post $1.29 EPS for the current fiscal year.

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

Your IP Address:

CRM has been the subject of a number of recent analyst reports. Goldman Sachs Group Inc lowered salesforce.com, inc. from a “conviction-buy” rating to a “buy” rating and upped their price target for the company from $79.10 to $96.00 in a research report on Wednesday, February 1st. Brean Capital reaffirmed a “buy” rating and set a $110.00 price target on shares of salesforce.com, inc. in a research report on Thursday, December 15th. MKM Partners reaffirmed a “buy” rating and set a $93.00 price target on shares of salesforce.com, inc. in a research report on Thursday, December 1st. Cowen and Company set a $95.00 price target on salesforce.com, inc. and gave the company a “buy” rating in a research report on Tuesday, November 29th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $90.00 price target on shares of salesforce.com, inc. in a research report on Tuesday, January 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, forty have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $94.06.

Several large investors have recently made changes to their positions in CRM. Israel Discount Bank of New York GFN bought a new stake in shares of salesforce.com, inc. during the fourth quarter worth $491,000. Norges Bank bought a new stake in shares of salesforce.com, inc. during the fourth quarter worth $382,802,000. WFG Advisors LP raised its stake in shares of salesforce.com, inc. by 1,669.6% in the fourth quarter. WFG Advisors LP now owns 9,131 shares of the CRM provider’s stock worth $647,000 after buying an additional 8,615 shares during the period. Assenagon Asset Management S.A. bought a new stake in shares of salesforce.com, inc. during the fourth quarter worth $19,859,000. Finally, CMH Wealth Management LLC bought a new stake in shares of salesforce.com, inc. during the fourth quarter worth $2,543,000. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

salesforce.com, inc. Company Profile

salesforce.com, inc. is a provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The Company’s Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services.

5 Day Chart for NYSE:CRM

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

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.