Salesforce.com Inc. (NYSE:CRM) Chairman Marc Benioff sold 12,500 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were sold at an average price of $81.46, for a total transaction of $1,018,250.00. Following the completion of the transaction, the chairman now owns 35,383,000 shares of the company’s stock, valued at approximately $2,882,299,180. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Marc Benioff also recently made the following trade(s):
- On Tuesday, July 26th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.73, for a total transaction of $1,021,625.00.
- On Monday, July 25th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $82.17, for a total transaction of $1,027,125.00.
- On Friday, July 22nd, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $82.26, for a total transaction of $1,028,250.00.
- On Thursday, July 21st, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $82.06, for a total transaction of $1,025,750.00.
- On Wednesday, July 20th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $82.30, for a total transaction of $1,028,750.00.
- On Tuesday, July 19th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.39, for a total transaction of $1,017,375.00.
- On Monday, July 18th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.75, for a total transaction of $1,021,875.00.
- On Friday, July 15th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.41, for a total transaction of $1,017,625.00.
- On Thursday, July 14th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.67, for a total transaction of $1,020,875.00.
- On Wednesday, July 13th, Marc Benioff sold 12,500 shares of Salesforce.com stock. The shares were sold at an average price of $81.64, for a total transaction of $1,020,500.00.
An institutional investor recently raised its position in Salesforce.com stock. Creative Planning boosted its stake in Salesforce.com Inc. (NYSE:CRM) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,516 shares of the CRM provider’s stock after buying an additional 2,405 shares during the period. Creative Planning’s holdings in Salesforce.com were worth $2,236,000 at the end of the most recent quarter.
Salesforce.com Inc. (NYSE:CRM) traded down 0.32% on Wednesday, hitting $81.50. 3,570,123 shares of the stock traded hands. The company’s 50 day moving average price is $80.86 and its 200-day moving average price is $74.68. The stock’s market capitalization is $55.22 billion. Salesforce.com Inc. has a 12-month low of $52.60 and a 12-month high of $84.48.
Salesforce.com (NYSE:CRM) last posted its earnings results on Wednesday, May 18th. The CRM provider reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The firm earned $1.92 million during the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the previous year, the company posted $0.16 EPS. The firm’s revenue for the quarter was down 99.9% compared to the same quarter last year. Analysts predict that Salesforce.com Inc. will post $0.95 EPS for the current year.
salesforce.com, inc. is a 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.