Insider Analysis: salesforce.com, inc. (NYSE:CRM)’s director John Roos Unloaded 155 Shares

November 23, 2016 - By Clifton Ray

Insider Analysis: salesforce.com, inc. (NYSE:CRM)'s director John Roos Unloaded 155 Shares

John Roos Insider Sell

John Roos is the director of Salesforce Com Inc. He not a long ago made a sale of 155 shares in the California-based company with the deal value amounting to precisely $12,574 US Dollars. That is according to the transaction provided price of $81.1 for share. This stocks unloading decreased his ownership of Salesforce Com Inc to 0.00% market capitalization or 18,148 shares.

salesforce.com, inc. (NYSE:CRM) Ratings Coverage

Out of 43 analysts covering Salesforce.com (NYSE:CRM), 39 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 91% are positive. $115 is the highest target while $18 is the lowest. The $91.11 average target is 20.44% above today’s ($75.65) stock price. Salesforce.com has been the topic of 105 analyst reports since August 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, November 19 by Needham. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Wednesday, August 19 by Oppenheimer. The firm has “Buy” rating by Canaccord Genuity given on Thursday, September 3. Northland Capital maintained it with “Outperform” rating and $95 target price in Thursday, November 19 report. The firm has “Buy” rating by William Blair given on Friday, September 4. The firm has “Buy” rating by Brean Capital given on Tuesday, January 12. On Thursday, November 19 the stock rating was maintained by Bernstein with “Underperform”. The firm earned “Buy” rating on Thursday, November 19 by Roth Capital. On Friday, April 1 the stock rating was reinitiated by Piper Jaffray with “Overweight”. The company was upgraded on Saturday, August 22 by TheStreet.

Insitutional Activity: The institutional sentiment decreased to 1.13 in 2016 Q2. Its down 0.06, from 1.19 in 2016Q1. The ratio turned negative, as 50 funds sold all salesforce.com, inc. shares owned while 245 reduced positions. 76 funds bought stakes while 276 increased positions. They now own 582.56 million shares or 1.03% less from 588.62 million shares in 2016Q1.

Stratos Wealth Prns Limited last reported 0.03% of its portfolio in the stock. The Japan-based Diam Co Limited has invested 0.15% in salesforce.com, inc. (NYSE:CRM). Argentiere Cap Ag last reported 18,540 shares in the company. State Teachers Retirement Systems has invested 0.23% of its portfolio in salesforce.com, inc. (NYSE:CRM). Bankshares Of Nova Scotia has invested 0.01% of its portfolio in salesforce.com, inc. (NYSE:CRM). Aureus Asset Mgmt Ltd Limited Liability Company owns 2,170 shares or 0.06% of their US portfolio. Clough Ptnrs Ltd Partnership last reported 0.92% of its portfolio in the stock. Cupps Capital Mgmt Limited Liability last reported 58,425 shares in the company. Criterion Cap Mngmt Limited Liability owns 1.43M shares or 5.45% of their US portfolio. Pnc Financial Group, a Pennsylvania-based fund reported 201,104 shares. Rs Inv Mngmt Communication Ltd Com has 0.09% invested in the company for 109,980 shares. Tci Wealth Advisors last reported 0.04% of its portfolio in the stock. Wealthtrust last reported 0% of its portfolio in the stock. Caisse De Depot Et Placement Du Quebec reported 258,774 shares or 0.05% of all its holdings. Tompkins Fin Corp has invested 0.05% of its portfolio in salesforce.com, inc. (NYSE:CRM).

Insider Transactions: Since May 23, 2016, the stock had 3 insider purchases, and 157 insider sales for $154.19 million net activity. $1.02M worth of salesforce.com, inc. (NYSE:CRM) was sold by Benioff Marc on Monday, August 8. Robbins Cynthia G. sold $38,370 worth of stock or 460 shares. 155 shares with value of $12,862 were sold by Roos John Victor on Tuesday, June 7. $47,963 worth of shares were sold by Harris Parker on Thursday, May 26. Another trade for 10,000 shares valued at $830,241 was sold by BLOCK KEITH. The insider Hawkins Mark J sold $82,746. Allanson Joe had sold 206 shares worth $17,275.

About 7.87 million shares traded hands or 0.90% up from the average. salesforce.com, inc. (NYSE:CRM) has risen 0.01% since April 20, 2016 and is uptrending. It has underperformed by 4.54% the S&P500.

salesforce.com, inc. is a provider of enterprise cloud computing solutions, with a focus on customer relationship management . The company has a market cap of $50.69 billion. The Company’s Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services. It has a 256.86 P/E ratio. The Firm delivers its solutions as a service through all the Internet browsers and on mobile devices.

According to Zacks Investment Research, “Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. The Salesforce Platform, the world’s first on- demand platform, enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. The Salesforce Platform allows applications to be easily shared, exchanged and installed with a few simple clicks via salesforce.com’s AppExchange directory. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.”

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Investorplace.com which released: “In Salesforce.com, Inc. (CRM) Stock, Bet Long With a Proven Winner” on November 21, 2016, also Investorplace.com with their article: “Salesforce.com, Inc. (CRM) Stock Cruises on Yet Another Beat” published on November 18, 2016, Marketwatch.com published: “Salesforce earnings: A waiting period before a fourth-quarter turnaround” on November 15, 2016. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Nasdaq.com and their article: “Salesforce.com Inc Q3 Earnings Advance 22%” published on November 17, 2016 as well as Profitconfidential.com‘s news article titled: “Salesforce.com, Inc.: This is Why the Bears Control CRM Stock” with publication date: October 28, 2016.

CRM Company Profile

salesforce.com, inc., incorporated on February 3, 1999, is a well-known provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The Company’s Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services. The Firm delivers its solutions as a service through all the Internet browsers and on mobile devices. It sells to businesses of all sizes and in a range of industries across the world on a subscription basis, primarily through its direct sales and also indirectly through partners.

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