Baird Financial Group Inc. Sells 7754 Shares of salesforce.com, inc. (CRM)

Gladys Abbott
June 1, 2017

(CRM) by 14.6% based on its latest 2016Q4 regulatory filing with the SEC. Marshfield Associates sold 26,500 shares as Deere & Co. Janus Capital Management LLC now owns 8,844,260 shares of the CRM provider's stock valued at $605,886,000 after buying an additional 1,727,696 shares in the last quarter. (NYSE CRM) traded down 0.91% during mid-day trading on Friday, hitting $90.03. About shares traded. Deere & Company (NYSE:DE) has risen 46.99% since May 31, 2016 and is uptrending. It has outperformed by 30.83% the S&P500. Covington Inv Advsr Incorporated has 1.26% invested in salesforce.com, inc. Over the last ninety days, insiders have sold 1,005,255 shares of company stock valued at $84,839,249. Following the transaction, the chief executive officer now directly owns 34,195,300 shares in the company, valued at approximately $3,070,737,940. The stock declined 1.02% or $0.93 reaching $89.93 per share. (NYSE:CRM) has risen 7.78% since May 31, 2016 and is uptrending. It has underperformed by 11.01% the S&P500. Therefore 87% are positive. About 423,793 shares traded. salesforce.com, inc. Magee Thomson Investment Partners Llc sold 4,800 shares as the company's stock rose 7.28% with the market. Salesforce.com had 117 analyst reports since August 21, 2015 according to SRatingsIntel.

Growth rates are very important while analyzing the long term growth and valuation of a certain company. (NYSE:CRM) was sold by Roos John Victor. (NYSE:CRM) on Tuesday, October 18 with "Buy" rating. Credit Suisse analysts stated on 27/04/2017 that they launched coverage on this stock with Outperform rating. Jefferies maintained salesforce.com, inc. Cowen and Company reiterated an "outperform" rating and issued a $95.00 price target on shares of salesforce.com, inc.in a research note on Thursday, February 16th. The stock has "Outperform" rating by BMO Capital Markets on Wednesday, June 15. The stock has "Neutral" rating by DA Davidson on Saturday, August 22. Lazard Asset Mgmt Lc holds 17 shares or 0% of its portfolio. (NYSE:CRM) news were published by: Nasdaq.com which released: "Salesforce.com Inc Reports 21% Increase In Q1 Earnings" on May 18, 2017, also Marketwatch.com with their article: "Salesforce sails into record territory, and analysts see calm waters ahead" published on May 19, 2017, Seekingalpha.com published: "Salesforce Reports Record Earnings, Expects Even Higher" on May 19, 2017. The company has market cap of $43.88 million. The Firm focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. The company's current price-earnings ratio amounts to 479.11 times earnings, above the average P/E ratio of 20.25 times earnings. The Company's service offerings are configured and integrated with other platforms and enterprise applications.

Since December 1, 2016, it had 6 insider buys, and 184 insider sales for $152.45 million activity. Shares for $837,291 were sold by BLOCK KEITH. Robbins Cynthia G. also sold $205,010 worth of salesforce.com, inc.

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Traders sold shares of salesforce.com, inc. (NYSE:CRM) has "Buy" rating given on Thursday, May 19 by Citigroup. Another trade for 400 shares valued at $36,339 was made by Weaver Amy E on Thursday, May 25. Hsbc Hldgs Public Limited Company invested in 676,132 shares or 0.11% of the stock. 353 shares valued at $29,053 were sold by Hawkins Mark J on Wednesday, February 22.

Investors sentiment decreased to 0.99 in Q4 2016. Similarly, full-year EPS forecasts have ranged between $0.97 and $1.05. The stock had a trading volume of 2,882,602 shares. salesforce.com, inc. has a 12-month low of $66.43 and a 12-month high of $91.81. 98 funds opened positions while 244 raised stakes. Moreover, Criterion Capital Management Llc has 8.51% invested in the company for 3.05 million shares. $9,907 worth of salesforce.com, inc. Profund Advsrs Ltd Liability Corp holds 62,919 shares or 0.2% of its portfolio. Capstone Asset reported 62,905 shares. Bernstein maintained salesforce.com, inc. (NYSE:CRM) for 23 shares. The stock of salesforce.com, inc. Finally, State Street Corp increased its stake in shares of salesforce.com, inc.by 7.0% in the fourth quarter. Canaccord Genuity maintained salesforce.com, inc. (NYSE:CRM). Ameriprise Fincl accumulated 8.44 million shares. Acrospire Investment Management LLC now owns 1,900 shares of the CRM provider's stock worth $157,000 after buying an additional 500 shares during the period. The Netherlands-based Bedrijfstakpensioenfonds Voor De Media Pno has invested 0.16% in salesforce.com, inc. Alexandria Ltd Liability reported 100 shares stake. Parkside National Bank & Trust reported 421 shares or 0.01% of all its holdings. Blackrock Limited Liability Corporation reported 0.11% in salesforce.com, inc. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and forty have assigned a buy rating to the company's stock. The firm earned "Buy" rating on Thursday, May 19 by Stifel Nicolaus. The company was upgraded on Thursday, August 27 by BNP Paribas. The firm earned "Overweight" rating on Thursday, February 25 by Barclays Capital. The firm had revenue of $2.39 billion for the quarter, compared to analysts' expectations of $2.35 billion. Following the sale, the insider now directly owns 10,000 shares in the company, valued at approximately $830,200. On Friday, May 19 the insider Howze Marc A sold $792,135. Shares for $57,886 were sold by Dayon Alexandre on Tuesday, May 23.

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