Analyst Research

Insider Trading: A brief outlook on salesforce.com, inc. (NYSE:CRM)

salesforce.com, inc. (NYSE:CRM) exchanged hands 15.97M shares versus average trading capacity of 7.05M shares, while its relative trading volume is 1.88. salesforce.com, inc. (NYSE:CRM)’s total market worth is $45.32B along with 696.70M 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 12/2/2016 sold 9,051 shares of the stock. The stock was sold at a price of $68.30, for a total value of $618,204. Subsequent to the transaction Benioff Marc owned a total of 34,535,949 shares of the stock.

In a separate transaction on 12/2/2016, Benioff Marc, Chairman of the Board and CEO sold 500 shares of the stock. The stock was sold at a price of $66.94, for a total worth of $33,470. Succeeding to the transaction Benioff Marc owned overall 34,545,000 shares of the stock.

Moreover, Benioff Marc, Chairman of the Board and CEO sold 2,949 shares of the stock in a reserved transaction that ensued on 12/2/2016. At a price of $69.06, the stock was sold for an entire value of $203,668. Consequent to the transaction Benioff Marc owned a total of 34,533,000 shares of the stock.

Currently, 0.10% shares of salesforce.com, inc. (NYSE:CRM) are owned by insiders with -76.36% 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 115 number of trades held during last 3 months and 531 during last 12 months, out of them 13 numbers of buys held in last 3 months and 43 buys in last 12 months. Whereas 102 numbers of sells held in last 3 months and 488 sells over the past 12 months.

For the duration of last three months salesforce.com, inc. (NYSE:CRM)’s total number of shares bought are 21,159 and sold 1,457,662 from a total of 1,478,821 traded shares. During last twelve months 66,927 number of shares bought and 5,306,369 sold from a total of 5,373,296 shares traded. A net activity of 1,436,503 took place in the course of three months, while 5,239,442 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 $68.41 whereas a number of traders indicating mean target price will hit $94.40 over the next twelve months, mean value of price target most recently revised on 11/29/16. salesforce.com, inc. (NYSE:CRM)’s highest estimates of price target are $110.00 and low forecast is $64.00 based on the opinion of 43 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 $0.24 and high estimate of $0.26. salesforce.com, inc. (NYSE:CRM)’s average revenue estimates for the current quarter are $2.28B according to 36 number of analysts. However its lowest revenue estimates are $2.27B and highest revenue estimates are $2.29B. A year ago the company’s sales were $1.81B. Its yearly sales growth estimates are 25.70%. Past 5 years growth of salesforce.com, inc. (NYSE:CRM) observed at 24.18%, and for the next five years the analysts that follow this company are expecting its growth at 29.94%.

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