Salesforce.com Inc (NYSE:CRM) Trading Up - Insiders Selling, Short Interest Growing

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10 September, 2017

Salesforce.com Inc shares had a trading volume of 3,680K in the last trading session. The Kcg Holdings Inc holds 19,825 shares with $1.36M value, up from 10,167 last quarter. Appropriate Balance Financial Services Inc. increased its stake in shares of Salesforce.com by 6.9% in the 2nd quarter. Zacks Investment Research lowered shares of Salesforce.com from a "hold" rating to a "sell" rating in a research report on Tuesday, July 11th. (NYSE:CRM) has risen 7.78% since September 6, 2016 and is uptrending. 8×8 has $18 highest and $9.75 lowest target. The stock of 8×8, Inc. (NASDAQ:EGHT) earned "Buy" rating by Summit Research on Monday, January 25. On Thursday, December 15 the stock rating was initiated by Piper Jaffray with "Neutral". The firm earned "Buy" rating on Friday, August 28 by Roth Capital. (NASDAQ:EGHT) has "Buy" rating given on Friday, May 20 by Dougherty & Company. The firm has "Buy" rating by Mizuho given on Tuesday, August 22. (NASDAQ:EGHT) on Friday, July 22 with "Buy" rating.

Investors sentiment increased to 1.38 in 2016 Q4. Analysts expect next quarter's EPS will be $0.34 and the next full year EPS is projected to be $1.70. 33 funds opened positions while 53 raised stakes. Barclays Public Limited Co reported 1,279 shares. 9,830 are held by State Of Alaska Department Of Revenue. (NYSE:CRM). Baillie Gifford has 6.92M shares for 0.78% of their portfolio.

American Water Works Company, Inc.is a holding firm for regulated and market subsidiaries throughout the United States and Ontario, Canada. Sumitomo Mitsui Tru Holdings holds 0.21% or 1.84 million shares. Art Advsrs Llc holds 0.06% or 70,700 shares. Schwab Charles Mngmt invested 0.01% in 8×8, Inc. Robecosam Ag, a Switzerland-based fund reported 80,000 shares. About 216,206 shares traded. It has underperformed by 18.31% the S&P500. (NYSE:CRM). Ithaka Grp Limited Liability Corp holds 4.97% of its portfolio in salesforce.com, inc. The company has market cap of $37.09 million. The Company's solutions are delivered through Software as a Service business model. It now has negative earnings. The Market-Based Businesses consists of four divisions, including Military Services Group, which conducts operation and maintenance of water and wastewater systems for military bases; Contract Operations Group, which conducts O&M of water and wastewater facilities for municipalities and the food and beverage industry; Homeowner Services Group, which primarily provides water and sewer line protection plans for homeowners, and Keystone, which provides water services for natural gas exploration and production companies.

Since March 8, 2017, it had 3 insider buys, and 125 insider sales for $147.03 million activity.

ILLEGAL ACTIVITY WARNING: "Ray Gerald L & Associates Ltd. Boosts Position in Salesforce.com Inc (NYSE:CRM)" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. (NYSE:CRM) was sold by Benioff Marc. Also, CFO Mark J. Hawkins sold 111,646 shares of Salesforce.com stock in a transaction that occurred on Thursday, August 31st. (NYSE:CRM) on Friday, May 26. Brean Capital maintained Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) on Thursday, June 16 with "Buy" rating. In the last three months, insiders have sold 751,306 shares of company stock worth $67,481,545. 1,100 salesforce.com, inc. (NYSE:CRM) shares with value of $99,976 were bought by Wojcicki Susan. Hitchwood Capital Management Lp now owns 800,000 shares with a value of $69,280,000. Boise Cascade Co Del (NYSE:BCC) was reduced too.

08/24/2017 - Salesforce.com Inc had its "buy" rating reiterated by analysts at MKM Partners. Therefore 88% are positive.

According to Salesforce.com, inc. Finally, Pivotal Research reissued a "hold" rating and set a $83.00 price target on shares of Salesforce.com in a research report on Thursday, August 24th. Bernstein maintained the shares of CRM in report on Thursday, November 19 with "Underperform" rating. On Thursday, May 19 the stock rating was maintained by Canaccord Genuity with "Buy". (NYSE:CRM) earned "Mixed" rating by OTR Global on Monday, August 15. The rating was maintained by Citigroup on Wednesday, August 23 with "Buy".

Investors sentiment increased to 1.38 in 2016 Q4. (NYSE:CRM). Neuberger Berman Gp invested in 0% or 15,299 shares.

These funds have also shifted positions in (CRM). 588.03 million shares or 3.26% more from 569.46 million shares in 2016Q3 were reported.

Several equities analysts have commented on CRM shares. As of the last earnings report the EPS was $-0.11 and is estimated to be $1.31 for the current year with 718,700,000 shares presently outstanding. Motley Fool Wealth Mngmt Limited Co accumulated 75,114 shares. Ridgeworth Capital Ltd has invested 0.11% in salesforce.com, inc. (NYSE:CRM). Dimensional Fund Advisors LP has invested 0.02% in salesforce.com, inc. Gotham Asset Management Ltd Co holds 11,560 shares or 0% of its portfolio. Metropolitan Life Company invested in 0.17% or 344,816 shares.

Overstock.com, Inc.is an online retailer and incubator of blockchain technology. Bahl And Gaynor Inc reported 44,311 shares. Tudor Et Al invested in 17,681 shares or 0.03% of the stock. Compton Capital Management Inc. (NYSE:CRM). Oakbrook Investments Limited Company has invested 0.13% in salesforce.com, inc. (NYSE:CRM). Century Companies holds 0.3% of its portfolio in salesforce.com, inc. Salesforce.com had a negative net margin of 0.85% and a positive return on equity of 1.83%. (NYSE:CRM) has risen 7.78% since September 5, 2016 and is uptrending.

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