How Analysts Feel About salesforce.com, inc. (NYSE:CRM)?

May 18, 2018 - By Melody Miller

salesforce.com, inc. (NYSE:CRM) LogoInvestors sentiment decreased to 1.19 in 2017 Q4. Its down 0.15, from 1.34 in 2017Q3. It dropped, as 39 investors sold salesforce.com, inc. shares while 274 reduced holdings. 110 funds opened positions while 261 raised stakes. 608.21 million shares or 0.25% less from 609.74 million shares in 2017Q3 were reported.
Thompson Davis And Co owns 2,725 shares for 0.66% of their portfolio. Ranger Inv Ltd Partnership reported 0% of its portfolio in salesforce.com, inc. (NYSE:CRM). Legacy Capital Prns stated it has 0.12% of its portfolio in salesforce.com, inc. (NYSE:CRM). Jane Street Grp invested in 0.01% or 40,791 shares. Brighton Jones Ltd Liability Corporation stated it has 0.06% of its portfolio in salesforce.com, inc. (NYSE:CRM). Hudson Bay Lp holds 0.24% or 110,860 shares in its portfolio. Honeywell Inc invested 0.69% of its portfolio in salesforce.com, inc. (NYSE:CRM). Federated Pa has invested 0.47% in salesforce.com, inc. (NYSE:CRM). Karp Cap Management invested 0.53% in salesforce.com, inc. (NYSE:CRM). Comerica Natl Bank invested in 0.2% or 264,460 shares. Valley Natl Advisers Inc owns 950 shares. Hall Laurie J Trustee holds 250 shares or 0.01% of its portfolio. Jump Trading Limited Co holds 0.09% or 6,871 shares. Huntington Bancorp reported 14,579 shares or 0.02% of all its holdings. 6.35M were accumulated by Massachusetts Com Ma.

Since December 11, 2017, it had 4 insider purchases, and 170 selling transactions for $130.43 million activity. Wojcicki Susan bought $766,939 worth of stock or 6,000 shares. On Thursday, December 14 Roos John Victor sold $13,442 worth of salesforce.com, inc. (NYSE:CRM) or 129 shares. $36,425 worth of salesforce.com, inc. (NYSE:CRM) was sold by Allanson Joe on Thursday, February 22. Shares for $1.20M were sold by Martinez Maria. 10,000 shares were sold by BLOCK KEITH, worth $1.20M on Thursday, March 22. Conway Craig sold 250 shares worth $27,713.

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

Among 33 analysts covering Salesforce.com (NYSE:CRM), 29 have Buy rating, 0 Sell and 4 Hold. Therefore 88% are positive. Salesforce.com had 55 analyst reports since November 21, 2017 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, February 15 with “Buy”. Stifel Nicolaus maintained the shares of CRM in report on Thursday, March 1 with “Buy” rating. The rating was maintained by RBC Capital Markets on Wednesday, November 22 with “Buy”. Jefferies upgraded salesforce.com, inc. (NYSE:CRM) on Thursday, February 15 to “Buy” rating. On Tuesday, February 20 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Oppenheimer on Monday, February 26. Suntrust Robinson maintained salesforce.com, inc. (NYSE:CRM) rating on Thursday, November 23. Suntrust Robinson has “Buy” rating and $122 target. Bernstein upgraded salesforce.com, inc. (NYSE:CRM) on Thursday, May 3 to “Hold” rating. As per Wednesday, March 21, the company rating was maintained by Barclays Capital. The firm earned “Buy” rating on Tuesday, March 20 by Piper Jaffray. Below is a list of salesforce.com, inc. (NYSE:CRM) latest ratings and price target changes.

08/05/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Outperform Old Target: $126 New Target: $140 Maintain
04/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $135 New Target: $150 Maintain
03/05/2018 Broker: Bernstein Rating: Hold New Target: $125.0000 Upgrade
11/04/2018 Broker: Monness Crespi & Hardt Rating: Buy New Target: $152 Initiates Coverage On
21/03/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $142.0 Maintain
21/03/2018 Broker: Barclays Capital Rating: Buy New Target: $140.0 Maintain
20/03/2018 Broker: Piper Jaffray Rating: Buy New Target: $140.0 Maintain
21/03/2018 Broker: Credit Suisse Rating: Buy New Target: $135.0 Maintain
21/03/2018 Broker: UBS Rating: Buy New Target: $144.0 Maintain
02/03/2018 Broker: Argus Research Rating: Buy New Target: $141.0

The stock decreased 2.11% or $2.72 during the last trading session, reaching $126.05. About 5.56 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 39.46% since May 18, 2017 and is uptrending. It has outperformed by 27.91% the S&P500.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $93.64 billion. The firm offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices, as well as solutions for partner relationship management. It has a 741.47 P/E ratio. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connects their service agents with clients on various devices; and Marketing Cloud to plan, personalize, and optimize one-to-one customer interactions.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Investorplace.com which released: “Trade of the Day: Salesforce.com (CRM)” on May 03, 2018, also Seekingalpha.com with their article: “Salesforce bought 4.9M Dropbox shares in Q1” published on May 14, 2018, Bizjournals.com published: “Aircall scores $29 million in venture capital backing” on May 17, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Forbes.com and their article: “What To Watch For In Salesforce’s Q1 Earnings” published on May 16, 2018 as well as Bizjournals.com‘s news article titled: “Chandler tech firm raises $4.3 million, sells its CRM business to focus on Salesforce” with publication date: May 18, 2018.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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