Analyst Research

Insider Trading: A Brief Outlook on ssalesforce.com, inc. (NYSE:CRM)

salesforce.com, inc. (NYSE:CRM) exchanged hands 19.90M shares versus average trading capacity of 8.26M shares, while its shares’ total market worth is $56.94B along with 685.00M outstanding shares.

Insiders has most recently took part in a trading activity, Benioff Marc, Chairman of the board and CEO  of the company in a transaction that occurred 11/18/2016 sold 1,500 shares of the stock. The stock was sold at a price of $79.55, for a total value of $119,322. Subsequent to the transaction Benioff Marc owned a total of 34,645,500 shares of the stock.

In a separate transaction on 11/18/2016, Benioff Marc, Chairman of the board and CEO sold 10,000 shares of the stock. The stock was sold at a price of $77.79, for a total worth of $777,856. Succeeding to the transaction Benioff Marc owned overall 34,648,000 shares of the stock.

Moreover, Benioff Marc, Chairman of the board and CEO sold 1,000 shares of the stock in a reserved transaction that ensued on 11/18/2016. At a price of $1,000, the stock was sold for an entire value of $78.75. Consequent to the transaction Benioff Marc owned a total of 34,647,000 shares of the stock.

Currently, 0.10% shares of salesforce.com, inc. (NYSE:CRM) are owned by insiders with -77.50% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For salesforce.com, inc. (NYSE:CRM) total 105 number of trades held during last 3 months and 530 during last 12 months, out of them 3 numbers of buys held in last 3 months and 40 buys in last 12 months. Whereas 102 numbers of sells held in last 3 months and 490 sells over the past 12 months.

For the duration of last three months a total number of shares bought are 1,439,191 and sold 1,435,132 from a total of 1,439,191 traded shares. During last twelve months 64,918 number of shares bought and 5,298,075 sold from a total of 5,362,993 shares traded. A net activity of 1,431,073 took place in the course of three months, while 5,233,157 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

salesforce.com, inc. (NYSE:CRM) ended last trading session at the price of $77.77 whereas a number of traders indicating mean target price will hit $93.40 over the next twelve months, mean value of price target most recently revised on 11/18/16. salesforce.com, inc. (NYSE:CRM)’s highest estimates of price target are $110.00 and low forecast is $60.00 based on the opinion of 44 analysts. The price target estimates represents a standard deviation of 7.24. However brokerage recommendations suggests an ABR of 1.17 based on calls of 29 experts.

salesforce.com, inc. (NYSE:CRM) is expected to release the earnings of its current quarter on 2/22/17. The company is expected to release $0.25 EPS during current quarter according to 39 analysts whereas the company reported $0.19 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.23 and high estimate of $0.27. salesforce.com, inc. (NYSE:CRM)’s average revenue estimates for the current quarter are $2.24B according to 36 number of analysts. However its lowest revenue estimates are $2.22B and highest revenue estimates are $2.26B. A year ago the company’s sales were $1.81B. Its yearly sales growth estimates are 23.70%. Past 5 years growth of salesforce.com, inc. (NYSE:CRM) observed at 23.39%, and for the next five years the analysts that follow this company are expecting its growth at 29.88%.

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