Latest
Recommended
Published: Thu, August 24, 2017
Economy | By Melissa Porter

The Top Three Holders Of Salesforce.com, inc. (CRM)

The Top Three Holders Of Salesforce.com, inc. (CRM)

The lowest target is $185.0 while the high is $375.0. Meanwhile, due to an ongoing pressure which caused a decline of nearly -0.69% in the past five days, the stock price is now down -4.78% so far on the year - still in weak territory. TSLA was included in 8 notes of analysts from October 6, 2016. The firm earned "Buy" rating on Thursday, October 8 by Goldman Sachs. On Thursday, July 27 the stock rating was maintained by Northland Capital with "Buy". The stock of Under Armour Inc (NYSE:UA) has "Neutral" rating given on Wednesday, June 1 by Goldman Sachs. Janus Henderson Group PLC boosted its position in Salesforce.com by 911.7% in the second quarter. Cacti Asset Management Limited Liability Corp has invested 0.09% in Morgan Stanley (NYSE:MS). The insider Dayon Alexandre sold 1,609 shares worth $131,108. It tells an investor how quickly a company is increasing its revenues. The stock has gained 36 percent this year. John Victor Roos, Director reported the sale of 218 shares. About 997,077 shares traded. Apricus Biosciences Inc (NASDAQ:APRI) has declined 71.78% since August 23, 2016 and is downtrending. It has outperformed by 13.97% the S&P500. It fall, as 89 investors sold CRM shares while 255 reduced holdings.

Salesforce expects third-quarter revenue fall in the range of $2.64 billion to $2.65 billion, an increase of 23% to 24% year-over-year. (NYSE:CRM) or 10,000 shares. While the stock price moved along with the volume change, shares are touching $25.10. On Sunday, February 26 the insider Hawkins Mark J sold $58,261. Stifel Nicolaus reiterated a "buy" rating and issued a $105.00 price objective (up from $100.00) on shares of Salesforce.com in a research report on Friday, May 19th. Salesforce.Com Inc. now has $67.27B valuation. Retirement Systems Of Alabama sold 14,257 shares as Salesforce Com Inc (CRM)'s stock rose 7.28%. The company has market cap of $65.74 billion.

The company, based in San Francisco is putting large sums of money into artificial intelligence, e-commerce services and marketing tools hoping to bolster its growth. "We did this faster than any other enterprise software company in history". Salesforce.com updated its Q3 guidance to $0.36-0.37 EPS and its FY18 guidance to $1.29-1.31 EPS. Therefore 88% are positive. Salesforce.com also saw some unusual options trading activity on Tuesday. $94.08's average target is 1.93% above currents $92.3 stock price.

The Street had been modeling, on average, $2.52 billion in revenue and 32 cents per share in net income. The firm has "Buy" rating given on Thursday, May 19 by Goldman Sachs. The rating was maintained by Jefferies on Thursday, November 19 with "Underweight".

05/19/2017 - Salesforce.com Inc had its "overweight" rating reiterated by analysts at Barclays. Salesforce.com has an average rating of "Buy" and an average price target of $97.98. The rating was maintained by Deutsche Bank with "Buy" on Thursday, May 19.

On the ratings front, Salesforce has been the subject of a number of recent research reports. (NYSE:CRM) was sold by Harris Parker on Tuesday, May 16. The stock of STANDARD CHART PLC ORD USD0.50 (OTCMKTS:SCBFF) has "Underperform" rating given on Tuesday, November 29 by Credit Suisse.

05/21/2017 - Salesforce.com Inc had its "outperform" rating reiterated by analysts at Robert W. Baird.

On an earnings call, a transcript of which can be found on Seeking Alpha, Benioff laid into Saleforce's competitors for "abandoning" the CRM market.

Earnings per share were at $0.33, above analyst estimates of $0.32. CRM's profit will be $64.10 million for 258.19 P/E if the $0.09 EPS becomes a reality.

Like this: