Royal Bank of Canada Reaffirms Outperform Rating for salesforce.com, inc. (CRM)

Gladys Abbott
May 25, 2017

Following the sale, the chief executive officer now directly owns 34,195,300 shares of the company's stock, valued at $3,070,737,940. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Andra Ap owns 0.03% invested in salesforce.com, inc. With the current EPS in mind, the traders can be fully aware of the company's profitability condition.

On Thursday, April 27th, John Victor Roos sold 194 shares of salesforce.com, inc. stock. Transamerica Financial Advisors Inc. boosted its position in shares of salesforce.com, inc.by 8.9% in the third quarter. Old Mutual Customised Solutions (Proprietary) Limited invested 0.21% of its portfolio in salesforce.com, inc. On Friday, November 25 Dayon Alexandre sold $163,150 worth of salesforce.com, inc. It dived, as 89 investors sold salesforce.com, inc. shares while 255 reduced holdings. The shares were sold at an average price of $82.00, for a total value of $15,908.00. The stock of salesforce.com, inc. The shares were sold at an average price of $81.48, for a total transaction of $131,101.32. Benioff Marc sold $874,663 worth of salesforce.com, inc. UBS maintained the stock with "Buy" rating in Thursday, May 19 report. Image source: Salesforce.com. (NYSE:CRM) news were published by: Seekingalpha.com which released: "Salesforce.com Now Counts On AI" on May 22, 2017, also Fool.com with their article: "Salesforce.com Inc". The firm earned "Outperform" rating on Thursday, September 1 by BMO Capital Markets. The company's 50-day moving average price is $85.98 and its 200 day moving average price is $79.29. salesforce.com, inc. has a 1-year low of $66.43 and a 1-year high of $91.00. The CRM provider reported $0.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.02. salesforce.com, inc. had a return on equity of 2.40% and a net margin of 2.60%. During the same quarter in the prior year, the company earned $0.24 earnings per share. The company's revenue for the quarter was up 24.6% compared to the same quarter previous year. With today's market cap for Salesforce.com, inc., traders can easily name it as one of the major player in its Application Software industry. Tiaa Cref Inv Mngmt Ltd Liability Corp has 0.45% invested in salesforce.com, inc. "(CRM) Director Sells $17,052.60 in Stock" was originally reported by Transcript Daily and is the property of of Transcript Daily.

In analysts report revealed to investors by JMP Securities on Tuesday, 23 May, Salesforce.com (NYSE:CRM) had its PT upped to $95.00. Deutsche Bank AG reaffirmed a buy rating and issued a $90.00 price target on shares of salesforce.com, inc.in a research note on Wednesday, February 22nd. Societe Generale set a $98.00 price objective on salesforce.com, inc. and gave the company a "buy" rating in a research note on Thursday, March 2nd.

Salesforce.com, inc. (NYSE:CRM) ended its day at $88.49 with the rising stream of -0.51% and its total traded volume was 4.34 million shares less than the average volume.

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Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future.

05/19/2017 - Salesforce.com Inc had its "buy" rating reiterated by analysts at Drexel Hamilton. The firm now has a $100.00 target price on the CRM provider's stock. Taking a look into the performance of CRM stock, investor will come to know that the weekly performance for this stock is valued at -1.40%, resulting in a performance for the month at 5.13%. Teachers Retirement System of The State of Kentucky increased its stake in salesforce.com, inc.by 20.3% in the first quarter. Intrust Bank NA now owns 8,862 shares of the CRM provider's stock worth $731,000 after buying an additional 36 shares in the last quarter. Two Sigma Advisers LP now owns 2,252,776 shares of the CRM provider's stock worth $160,691,000 after buying an additional 1,948,000 shares in the last quarter. Salem Investment Counselors Inc. increased its position in salesforce.com, inc.by 2.6% in the first quarter. Mogy Joel R Investment Counsel Incorporated has invested 2.16% in salesforce.com, inc. Arizona State Retirement System now owns 158,556 shares of the CRM provider's stock worth $11,310,000 after buying an additional 2,300 shares in the last quarter. Finally, Janus Capital Management LLC increased its position in salesforce.com, inc.by 21.6% in the first quarter. Dubuque Bank & Trust Co. now owns 1,622 shares of the CRM provider's stock worth $134,000 after buying an additional 1,289 shares during the period. Corporate insiders own 6.70% of the company's stock.

"Salesforce is excited to power Dell's customer success, as Michael once again reshapes the technology landscape", Salesforce CEO Marc Benioff said."Our Intelligent Customer Success platform is enabling Dell Technologies to deliver a unified customer experience across all of its great companies in their sales, service and marketing organizations".

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