salesforce.com, inc. (NYSE:CRM) Director Sells $17,387.31 in Stock

salesforce.com, inc. (NYSE:CRM) Director John Victor Roos sold 113 shares of the firm’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $153.87, for a total value of $17,387.31. Following the sale, the director now directly owns 10,680 shares of the company’s stock, valued at $1,643,331.60. The sale was disclosed in a document filed with the SEC, which is available 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 shares were sold at an average price of $149.98, for a total value of $16,947.74.
  • On Thursday, June 20th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $156.30, for a total value of $17,661.90.
  • On Thursday, June 13th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $152.00, for a total value of $17,176.00.
  • On Thursday, June 6th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $158.50, for a total value of $17,910.50.
  • On Thursday, May 30th, John Victor Roos sold 113 shares of salesforce.com stock. The shares were sold at an average price of $154.32, for a total value 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 value 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 value 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 value 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 value 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 value of $17,498.05.

Shares of NYSE CRM opened at $156.27 on Thursday. salesforce.com, inc. has a 52 week low of $113.60 and a 52 week high of $167.56. The business has a 50-day moving average of $153.58. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The company has a market cap of $119.95 billion, a P/E ratio of 107.77, a P/E/G ratio of 5.72 and a beta of 1.29.

salesforce.com (NYSE:CRM) last issued its quarterly earnings results on Tuesday, June 4th. The CRM provider reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.32. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.68 billion. salesforce.com had a return on equity of 8.18% and a net margin of 8.26%. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter last year, the company posted $0.74 EPS. On average, equities research analysts predict that salesforce.com, inc. will post 1.25 EPS for the current fiscal year.

Several brokerages have recently issued reports on CRM. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 150 ($1.96) price objective on shares of in a report on Monday, June 17th. Exane BNP Paribas started coverage on Workday in a report on Friday, March 29th. They issued an “underperform” rating for the company. Monness Crespi & Hardt reissued a “buy” rating and issued a $200.00 price objective (up previously from $195.00) on shares of salesforce.com in a report on Wednesday, June 5th. Finally, SunTrust Banks reissued a “hold” rating and issued a $60.00 price objective on shares of Tripadvisor in a report on Tuesday, June 11th. Three research analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $179.97.

Several institutional investors and hedge funds have recently modified their holdings of the company. Harbour Capital Advisors LLC boosted its position in shares of salesforce.com by 24.1% during the 2nd quarter. Harbour Capital Advisors LLC now owns 19,401 shares of the CRM provider’s stock valued at $2,944,000 after acquiring an additional 3,766 shares during the last quarter. XR Securities LLC boosted its position in shares of salesforce.com by 57.4% during the 2nd quarter. XR Securities LLC now owns 2,344 shares of the CRM provider’s stock valued at $356,000 after acquiring an additional 855 shares during the last quarter. Argus Investors Counsel Inc. boosted its position in shares of salesforce.com by 98.8% during the 2nd quarter. Argus Investors Counsel Inc. now owns 5,536 shares of the CRM provider’s stock valued at $840,000 after acquiring an additional 2,751 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in shares of salesforce.com by 17.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 14,188 shares of the CRM provider’s stock valued at $2,154,000 after acquiring an additional 2,063 shares during the last quarter. Finally, Triangle Securities Wealth Management boosted its position in shares of salesforce.com by 3.0% during the 2nd quarter. Triangle Securities Wealth Management now owns 12,724 shares of the CRM provider’s stock valued at $1,944,000 after acquiring an additional 370 shares during the last quarter. Hedge funds and other institutional investors own 81.53% of the company’s stock.

About salesforce.com

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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