John Victor Roos Sells 228 Shares of Salesforce.com Inc (CRM) Stock

Salesforce.com Inc (NYSE:CRM) Director John Victor Roos sold 228 shares of Salesforce.com stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $91.39, for a total value of $20,836.92. Following the completion of the transaction, the director now directly owns 17,500 shares of the company’s stock, valued at approximately $1,599,325. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Thursday, June 15th, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $85.99, for a total value of $19,605.72.
  • On Thursday, June 1st, John Victor Roos sold 228 shares of Salesforce.com stock. The shares were sold at an average price of $90.00, for a total value of $20,520.00.
  • On Thursday, May 25th, John Victor Roos sold 191 shares of Salesforce.com stock. The shares were sold at an average price of $90.04, for a total value of $17,197.64.
  • On Thursday, May 18th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $87.90, for a total value of $17,052.60.
  • On Thursday, May 11th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $87.16, for a total value of $16,909.04.
  • On Thursday, May 4th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $86.75, for a total value of $16,829.50.
  • On Thursday, April 27th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $85.47, for a total value of $16,581.18.
  • On Thursday, April 20th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $83.99, for a total value of $16,294.06.
  • On Thursday, April 13th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $83.20, for a total value of $16,140.80.
  • On Thursday, April 6th, John Victor Roos sold 194 shares of Salesforce.com stock. The shares were sold at an average price of $85.35, for a total value of $16,557.90.

Shares of Salesforce.com Inc (CRM) traded down 0.31% during mid-day trading on Friday, hitting $86.00. The stock had a trading volume of 8,004,954 shares. The company has a market cap of $61.25 billion, a PE ratio of 455.03 and a beta of 1.24. The stock has a 50 day moving average price of $88.47 and a 200-day moving average price of $81.01. Salesforce.com Inc has a 52-week low of $66.43 and a 52-week high of $91.99.

Salesforce.com (NYSE:CRM) last released its quarterly earnings results on Thursday, May 18th. The CRM provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.35 billion. Salesforce.com had a return on equity of 1.80% and a net margin of 1.49%. The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 EPS. On average, equities analysts expect that Salesforce.com Inc will post $1.30 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Salesforce.com (NYSE:CRM)

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A number of research analysts recently commented on CRM shares. Cowen and Company reissued an “outperform” rating and issued a $100.00 price target on shares of Salesforce.com in a report on Wednesday, March 8th. BidaskClub cut Salesforce.com from a “buy” rating to a “hold” rating in a report on Tuesday. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $95.00 price target on shares of Salesforce.com in a report on Friday, March 3rd. Vetr raised Salesforce.com from a “buy” rating to a “strong-buy” rating and set a $100.19 price target on the stock in a report on Monday. Finally, Piper Jaffray Companies reissued an “overweight” rating and issued a $110.00 price target (up from $105.00) on shares of Salesforce.com in a report on Monday, June 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, thirty-eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $96.78.

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Salesforce.com by 4.7% in the first quarter. Vanguard Group Inc. now owns 43,880,907 shares of the CRM provider’s stock worth $3,619,736,000 after buying an additional 1,956,427 shares during the period. State Street Corp boosted its stake in shares of Salesforce.com by 7.0% in the fourth quarter. State Street Corp now owns 26,765,636 shares of the CRM provider’s stock worth $1,832,372,000 after buying an additional 1,756,272 shares during the period. Janus Capital Management LLC boosted its stake in shares of Salesforce.com by 21.6% in the first quarter. Janus Capital Management LLC now owns 10,755,181 shares of the CRM provider’s stock worth $927,363,000 after buying an additional 1,910,921 shares during the period. Baillie Gifford & Co. boosted its stake in shares of Salesforce.com by 1.0% in the first quarter. Baillie Gifford & Co. now owns 6,989,546 shares of the CRM provider’s stock worth $576,567,000 after buying an additional 70,214 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Salesforce.com by 11.2% in the first quarter. Geode Capital Management LLC now owns 5,793,802 shares of the CRM provider’s stock worth $477,183,000 after buying an additional 583,131 shares during the period. Hedge funds and other institutional investors own 85.67% of the company’s stock.

About Salesforce.com

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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