salesforce.com, inc. (NYSE:CRM) insider Alexandre Dayon sold 1,015 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $113.47, for a total value of $115,172.05. Following the completion of the transaction, the insider now directly owns 17,452 shares of the company’s stock, valued at approximately $1,980,278.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Alexandre Dayon also recently made the following trade(s):
- On Monday, November 27th, Alexandre Dayon sold 9,210 shares of salesforce.com stock. The shares were sold at an average price of $106.69, for a total value of $982,614.90.
Shares of salesforce.com, inc. (NYSE:CRM) opened at $114.96 on Monday. The company has a market capitalization of $83,035.61, a price-to-earnings ratio of 359.25, a P/E/G ratio of 6.37 and a beta of 1.32. salesforce.com, inc. has a 12-month low of $80.50 and a 12-month high of $115.67. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.82 and a quick ratio of 0.82.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRM. Bessemer Group Inc. raised its position in salesforce.com by 196.4% in the 4th quarter. Bessemer Group Inc. now owns 1,150 shares of the CRM provider’s stock valued at $118,000 after buying an additional 762 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in salesforce.com in the 4th quarter valued at $123,000. Cerebellum GP LLC purchased a new stake in salesforce.com in the 4th quarter valued at $125,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in salesforce.com by 204.3% in the 3rd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,400 shares of the CRM provider’s stock valued at $131,000 after buying an additional 940 shares during the last quarter. Finally, Icon Wealth Partners LLC purchased a new stake in salesforce.com in the 4th quarter valued at $131,000. 86.01% of the stock is owned by institutional investors and hedge funds.
Salesforce.com, Inc is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. The Company’s service offerings are configured and integrated with other platforms and enterprise applications.
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