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HomeMarketResultsSalesforce, Inc. (NYSE:CRM) CEO Sells $100,912.75 in Stock

Salesforce, Inc. (NYSE:CRM) CEO Sells $100,912.75 in Stock


Salesforce, Inc. (NYSE:CRMGet Rating) CEO Marc Benioff bought 725 shares of the inventory in a transaction that occurred on Wednesday, January 4th. The inventory was bought at a median worth of $139.19, for a complete worth of $100,912.75. Following the transaction, the chief govt officer now owns 27,753,609 shares within the firm, valued at roughly $3,863,024,836.71. The sale was disclosed in a submitting with the Securities & Trade Fee, which is on the market at this link.

Marc Benioff additionally lately made the next commerce(s):

  • On Wednesday, November 2nd, Marc Benioff bought 7,759 shares of Salesforce inventory. The inventory was bought at a median worth of $153.50, for a complete worth of $1,191,006.50.
  • On Monday, October thirty first, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $162.80, for a complete worth of $374,440.00.
  • On Friday, October twenty eighth, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $161.05, for a complete worth of $370,415.00.
  • On Wednesday, October twenty sixth, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $161.51, for a complete worth of $371,473.00.
  • On Friday, October twenty first, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $158.21, for a complete worth of $363,883.00.
  • On Wednesday, October nineteenth, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $153.68, for a complete worth of $353,464.00.
  • On Monday, October seventeenth, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $147.51, for a complete worth of $339,273.00.
  • On Thursday, October thirteenth, Marc Benioff bought 2,300 shares of Salesforce inventory. The shares had been bought at a median worth of $142.99, for a complete worth of $328,877.00.
  • On Tuesday, October eleventh, Marc Benioff bought 2,300 shares of Salesforce inventory. The inventory was bought at a median worth of $142.30, for a complete worth of $327,290.00.
  • On Friday, October seventh, Marc Benioff bought 2,300 shares of Salesforce inventory. The inventory was bought at a median worth of $150.93, for a complete worth of $347,139.00.

Salesforce Inventory Efficiency

CRM stock traded down $3.25 throughout buying and selling on Thursday, hitting $136.34. The corporate had a buying and selling quantity of 8,478,790 shares, in comparison with its common quantity of 10,332,530. The agency has a market cap of $136.34 billion, a PE ratio of 498.54, a price-to-earnings-growth ratio of three.38 and a beta of 1.15. Salesforce, Inc. has a 1-year low of $126.34 and a 1-year excessive of $239.28. The agency has a 50-day shifting common worth of $142.80 and a 200-day shifting common worth of $158.05. The corporate has a fast ratio of 1.05, a present ratio of 1.05 and a debt-to-equity ratio of 0.16.

Salesforce (NYSE:CRMGet Rating) final issued its quarterly earnings outcomes on Wednesday, November thirtieth. The CRM supplier reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.19. The agency had income of $7.84 billion for the quarter, in comparison with analysts’ expectations of $7.83 billion. Salesforce had a return on fairness of three.21% and a internet margin of 0.92%. The agency’s income for the quarter was up 14.2% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the agency posted $0.78 EPS. On common, analysts count on that Salesforce, Inc. will publish 2.38 earnings per share for the present yr.

Hedge Funds Weigh In On Salesforce

Institutional buyers have lately added to or decreased their stakes within the inventory. Oak Harvest Funding Providers boosted its holdings in Salesforce by 1.1% within the 2nd quarter. Oak Harvest Funding Providers now owns 32,360 shares of the CRM supplier’s inventory valued at $5,341,000 after buying a further 339 shares within the final quarter. Legacy Wealth Asset Administration LLC boosted its holdings in Salesforce by 40.3% within the 2nd quarter. Legacy Wealth Asset Administration LLC now owns 2,383 shares of the CRM supplier’s inventory valued at $393,000 after buying a further 685 shares within the final quarter. Verition Fund Administration LLC boosted its holdings in Salesforce by 1,014.8% within the 2nd quarter. Verition Fund Administration LLC now owns 32,386 shares of the CRM supplier’s inventory valued at $5,345,000 after buying a further 29,481 shares within the final quarter. HB Wealth Administration LLC boosted its holdings in Salesforce by 41.2% within the 2nd quarter. HB Wealth Administration LLC now owns 9,760 shares of the CRM supplier’s inventory valued at $1,611,000 after buying a further 2,847 shares within the final quarter. Lastly, Archford Capital Methods LLC boosted its holdings in Salesforce by 6.6% within the third quarter. Archford Capital Methods LLC now owns 4,736 shares of the CRM supplier’s inventory valued at $681,000 after buying a further 295 shares within the final quarter. Institutional buyers and hedge funds personal 75.83% of the corporate’s inventory.

Wall Road Analysts Forecast Progress

CRM has been the topic of a number of current analyst stories. Northland Securities initiated protection on Salesforce in a analysis word on Monday, October seventeenth. They set a “market carry out” score and a $150.00 goal worth for the corporate. Stifel Nicolaus lowered their worth goal on Salesforce from $200.00 to $185.00 in a analysis report on Monday, November twenty eighth. Credit score Suisse Group lowered their worth goal on Salesforce from $250.00 to $225.00 and set an “outperform” score for the corporate in a analysis report on Monday, December fifth. Atlantic Securities lowered their worth goal on Salesforce from $225.00 to $200.00 and set an “obese” score for the corporate in a analysis report on Thursday, December 1st. Lastly, Macquarie restated an “outperform” score and set a $210.00 worth goal on shares of Salesforce in a analysis report on Wednesday, November 2nd. Eight analysis analysts have rated the inventory with a maintain score, twenty-eight have issued a purchase score and one has given a robust purchase score to the inventory. In accordance with MarketBeat.com, the inventory at the moment has a median score of “Average Purchase” and a median goal worth of $195.24.

About Salesforce

(Get Rating)

Salesforce, Inc offers buyer relationship administration expertise that brings firms and prospects collectively worldwide. Its Buyer 360 platform empowers its prospects to work collectively to ship related experiences for his or her prospects. The corporate’s service choices embrace Gross sales to retailer knowledge, monitor leads and progress, forecast alternatives, acquire insights by way of analytics and relationship intelligence, and ship quotes, contracts, and invoices; and Service that allows firms to ship trusted and extremely personalised customer support and assist at scale.

Additional Studying

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

This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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