Panagora Asset Mngmt Inc invested in 107,838 shares or 0.03% of the stock. A beta of 1 may show that the stock price moves with the market.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock.
For the quarter, Salesforce posted adjusted earnings of 28 cents per share on revenue of $2.4 billion, exceeding Wall Street's estimated 26 cents per share and $2.35 billion. Zacks Investment Research upgraded shares of salesforce.com, inc. from a "hold" rating to a "buy" rating and set a $90.00 price target for the company in a research report on Monday, February 6th. Salesforce.com, inc. (CRM) now trades with a market capitalization of $61.28 Billion. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.
Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $96.71 while their mean recommendation is 1.80 (1=Buy, 5=sell). Volatility of the stock was 1.47% for the week while for the month booked as 1.11%. The stock has a 50-day moving average of $85.48 and a 200-day moving average of $78.94. salesforce.com, inc. has a 1-year low of $66.43 and a 1-year high of $91.00. salesforce.com, inc. also was the recipient of some unusual options trading activity on Tuesday. Traders bought 20,233 call options on the company. This is an increase of 165% compared to the typical daily volume of 7,630 call options. Revenue for the quarter also killed consensus, coming in at $2.29B, compared to the consensus of 2.28B.
Geographically, Salesforce continued to perform well in the Americas region, which contributed 74% of total revenues and grew 24% year-on-year to $1.75 billion for the quarter. Over the last week of the month, it was 0.05%, 8.57% over the last quarter, and 18.55% for the past six months. On average, equities analysts forecast that salesforce.com, inc. will post $1.29 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: "salesforce.com, inc. (CRM) Earns "Hold" Rating from Oppenheimer Holdings Inc." was originally published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & global copyright legislation. The original version of this piece can be viewed at https://www.chaffeybreeze.com/2017/05/19/salesforce-com-inc-crm-pt-raised-to-105-00-at-stifel-nicolaus.html. Following the completion of the transaction, the executive vice president now directly owns 290,385 shares in the company, valued at approximately $23,733,166.05. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. According to which, Stephen Delinsky, the director of Century Bancorp Inc also an insider of the Pinksheet-listed company had purchased exactly 2 shares - ( at $62.7 per every share ). In the last quarter, insiders have sold 997,585 shares of company stock worth $83,409,993.
Since November 14, 2016, it had 6 insider buys, and 179 sales for $147.09 million activity. Janus Capital Management LLC raised its position in shares of salesforce.com, inc.by 21.6% in the first quarter. For CRM, the company now has $1.58 Billion of cash on the books, which is offset by $19.59 Million current liabilities.
"CRM's big 1Q beat and guidance raise was comforting, given investor nervousness about a weak 1Q guide.CRM is one of our top 2017 picks, and we would accumulate based on reliable execution and sustainable growth". Total cash, cash equivalents and marketable securities finished the quarter at $3.22 billion. JNBA Financial Advisors now owns 1,828 shares of the CRM provider's stock worth $125,000 after buying an additional 155 shares during the last quarter. Hbk Sorce Advisory Ltd Liability reported 0.04% of its portfolio in salesforce.com, inc. Robbins Cynthia G. sold $164,660 worth of stock or 2,000 shares. Finally, Crestwood Advisors Group LLC acquired a new position in shares of salesforce.com, inc. during the first quarter worth about $184,000. The firm has "Buy" rating given on Thursday, November 19 by Wunderlich.
And veteran Republican Senator John McCain called the allegations about the Trump-Lavrov meeting "deeply disturbing". There was some talk over the weekend of Trump himself wanting to clear house, but that's not what I'm talking about.
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In Washington, Tillerson made no comment on the Comey firing or on the substantive issues he would discuss with Lavrov. The diplomats met Wednesday in Washington - and there's a new Russian-led agreement to create safe zones in Syria.
Op Gen Oorth said Monday it was still "a bit early too say who is behind it, but we are working on a decrypting tool". The city of Osaka said its home page went blank, although problems had not been detected otherwise.
Storm Prediction Center climatology from 1980 to 2006 shows our historical "peak" of the severe weather season comes on May 4th. A Tornado Watch has expired for the western South Plains, replaced by a Severe Thunderstorm Watch through 7 a.m.
Analysts, on average, seem bullish as they suggest FL is worth $12.5 more, giving a target price of $82.95/share. Janus Capital Management LLC boosted its position in shares of Foot Locker by 32.1% in the first quarter.
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This comes in as a handy tool when you have too many chats to scroll down and look for a specific piece of information. The new feature is just like the " pin post" feature on a Facebook page if you might have ever operated one.
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Cabrera Bello threw his 8-iron high in the air, and it went into the water, though at least it could be retrieved. Now he has a platform upon which to build for the rest of the year having returned to the world's top 100.
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Champions League: Carefree Monaco worry Allegri
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Hertz skids after reporting wider loss than anticipated
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