salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff sold 25,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an averageprice of $57.29, for a total transaction of $1,432,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Marc Benioff also recently made the following trade(s):
- On Tuesday, January 6th, Marc Benioff sold 12,500 shares of salesforce.com, inc. stock. The stock was sold at an average price of $57.52, for a total transaction of $719,000.00.
- On Monday, January 5th, Marc Benioff sold 37,500 shares of salesforce.com, inc. stock. The stock was sold at an average price of $59.06, for a total transaction of $2,214,750.00.
- On Tuesday, December 30th, Marc Benioff sold 12,500 shares of salesforce.com, inc. stock. The stock was sold at an average price of $59.57, for a total transaction of $744,625.00.
- On Monday, December 29th, Marc Benioff sold 37,500 shares of salesforce.com, inc. stock. The stock was sold at an average price of $60.59, for a total transaction of $2,272,125.00.
salesforce.com, inc. (NYSE:CRM) opened at 58.59 on Friday. salesforce.com, inc. has a one year low of $48.18 and a one year high of $67.00. The stock’s 50-day moving average is $58.25 and its 200-day moving average is $57.65. The company’s market cap is $36.970 billion.
salesforce.com, inc. (NYSE:CRM) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $1.38 million for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was down 99.9% on a year-over-year basis. On average, analysts predict that salesforce.com, inc. will post $0.52 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on CRM shares. Analysts at Mizuho initiated coverage on shares of salesforce.com, inc. in a research note on Monday. They set a “buy” rating and a $70.00 price target on the stock. Separately, analysts at Piper Jaffray initiated coverage on shares of salesforce.com, inc. in a research note on Tuesday, December 30th. They set an “overweight” rating on the stock. Finally, analysts at Drexel Hamilton initiated coverage on shares of salesforce.com, inc. in a research note on Tuesday, December 23rd. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and twenty-six have issued a buy rating to the stock. salesforce.com, inc. currently has an average rating of “Buy” and a consensus target price of $68.95.
salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. The Company provides a customer and collaboration relationship management (NYSE:CRM), applicationsthrough the Internet or cloud.