Interesting.....but $7 Million is not a lot of money for a man worth $3 Billion. Nonethless we're mindful of this stuff....so on that note:
Last week it was reported, "John Ramos for InterCooler.com writes: salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff unloaded 60,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $59.35, for a total value of $3,561,000.00. " This is the link: bit.ly/1tSMJYe
Last week it was reported, "John Ramos for InterCooler.com writes: salesforce.com, inc. (NYSE:CRM) CEO Marc Benioff unloaded 60,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $59.35, for a total value of $3,561,000.00. " This is the link: bit.ly/1tSMJYe
----1 week later it's being reported Marc Benioff is selling another 60,000 shares (see below). What's been reported are 2 separate selling transactions separated by 1 week covering 120,000 total shares of salesforce.com
Nolan Pearson for WKRB13.com writes: salesforce.com, inc. (NYSE:CRM) CEO
Marc Benioff unloaded 60,000 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $59.11, for a total transaction of $3,546,600.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Marc Benioff unloaded 60,000 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $59.11, for a total transaction of $3,546,600.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on CRM shares. Analysts at Zacks reiterated a “neutral” rating on shares of salesforce.com, inc. in a research note on Monday, August 25th. They now have a $63.00 price target on the stock. Separately, analysts at Argus reiterated a “buy” rating on shares of salesforce.com, inc. in a research note on Monday, August 25th. They now have a $71.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of salesforce.com, inc. from $65.00 to $70.00 in a research note on Friday, August 22nd. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $67.90.
shares. Analysts at Zacks reiterated a “neutral” rating on shares of salesforce.com, inc. in a research note on Monday, August 25th. They now have a $63.00 price target on the stock. Separately, analysts at Argus reiterated a “buy” rating on shares of salesforce.com, inc. in a research note on Monday, August 25th. They now have a $71.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of salesforce.com, inc. from $65.00 to $70.00 in a research note on Friday, August 22nd. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $67.90.
salesforce.com, inc. (NYSE:CRM) opened at 59.85 on Wednesday. salesforce.com, inc. has a 1-year low of $48.02 and a 1-year high of $67.00. The stock has a 50-day moving average of $55.16 and a 200-day moving average of $55.87. The company’s market cap is $37.047 billion.
has a 50-day moving average of $55.16 and a 200-day moving average of $55.87. The company’s market cap is $37.047 billion.
salesforce.com, inc. (NYSE:CRM) last posted its quarterly earnings results on Thursday, August 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was up 37.9% on a year-over-year basis. Analysts expect that salesforce.com, inc. will post $0.51 EPS for the current fiscal year.
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