The stock of salesforce.com, inc.
On 5/15/2017 Craig Conway, Director, sold 250 with an average share price of $89.06 per share and the total transaction amounting to $22,265.00. The shares were sold at an average price of $82.95, for a total value of $829,500.00.
While taking a look at financials, we can look at a number of key indicators about Salesforce.com, inc. (NYSE:CRM) shares were sold by Benioff Marc. Johnson Robert Jerome JR sold $376,735 worth of stock or 8,257 shares. Hoertkorn Richard Charles stated it has 0.02% of its portfolio in salesforce.com, inc. Live Your Vision Limited has invested 0.01% in salesforce.com, inc. They now have a $105.00 target price on the CRM provider's stock, up from their previous target price of $100.00. Virtus Investment Advisers Inc stated it has 0.31% in salesforce.com, inc. Salesforce.com had 113 analyst reports since August 21, 2015 according to SRatingsIntel. The stock was sold at an average price of $85.64, for a total value of $856,400.00. Sunbelt Secs Inc accumulated 125 shares. (NYSE:CRM) traded down 0.40% on Friday, reaching $87.40.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for salesforce.com, inc. the EPS stands at 0.28 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.26, suggesting the stock exceeded the analysts' expectations.
Now the shares of salesforce.com, inc. (NYSE:CRM). Adell Harriman And Carpenter Inc holds 0% of its portfolio in salesforce.com, inc. Institutional investors own 83.13% of the company's stock. Stock traders purchased 20,233 call options on the stock.
INC (CRM) Earnings Surprise: According to the earnings report released for Quarter Ending_Jan-17, The Company posted actual earnings of $0.28 per share whereas the Analysts projected earnings were $0.25 per share. The CRM provider reported $0.28 EPS for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.02. salesforce.com, inc. had a net margin of 2.60% and a return on equity of 2.40%.More news: Four Duggar Sisters Sue In Touch for Invasion of Privacy
In February, Salesforce had warned of a steeper drop in first-quarter deferred revenue, blaming seasonality as customers typically make purchasing decisions towards the end of the year. SALESFORCE.COM INC (CRM) has received mean Analyst rating of 1.73 from polled analysts at Reuters One Month Ago.
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Investors and analysts are typically super focused on company earnings numbers when they are reported. Cowen and Company reissued an "outperform" rating and set a $100.00 price target on shares of salesforce.com, inc.in a research report on Wednesday, March 8th. Vetr downgraded salesforce.com, inc. from a "strong-buy" rating to a "buy" rating and set a $93.31 price objective for the company.in a report on Wednesday, March 1st. Deutsche Bank AG reiterated a buy rating and issued a $90.00 target price on shares of salesforce.com, inc.in a report on Tuesday, January 31st. On a number scale from 1 to 5, a 5 would represent a Strong Sell recommendation. The stock has "Buy" rating by William Blair on Friday, September 4.
Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp now owns 26,765,636 shares of the CRM provider's stock valued at $1,832,372,000 after buying an additional 1,756,272 shares during the period. Municipal Employees Retirement System of MI boosted its position in salesforce.com, inc.by 0.3% in the third quarter. Janus Capital Management LLC now owns 8,844,260 shares of the CRM provider's stock worth $605,886,000 after buying an additional 1,727,696 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its position in salesforce.com, inc.by 0.7% in the third quarter. Jennison Associates LLC now owns 20,758,784 shares of the CRM provider's stock worth $1,480,724,000 after buying an additional 649,445 shares in the last quarter. Summit Global Investments raised its position in salesforce.com, inc.by 15.6% in the first quarter.
Willingdon Wealth Management raised its position in salesforce.com, inc.by 1.3% in the third quarter.