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Salesforce posts Q1 loss but raises outlook

Salesforce posts Q1 loss but raises outlook

(NYSE:CRM). Karp Mgmt owns 10,030 shares.

About 12.31 million shares traded or 241.94% up from the average. salesforce.com, inc. The shares were sold at an average price of $87.79, for a total value of $877,900.00. Also, Chairman Marc Benioff sold 10,000 shares of the business's stock in a transaction dated Tuesday, February 21st.

On Wednesday, May 17th, Marc Benioff sold 20,000 shares of salesforce.com, inc. stock. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.

On Monday, May 15th, Marc Benioff sold 10,000 shares of salesforce.com, inc. stock. Finally, William Blair restated an "outperform" rating on shares of salesforce.com, inc.in a report on Wednesday, February 22nd. From the opening price, the stock has seen a change of -4.05% recently clocking in with a price of $87.31. Below is a list of salesforce.com, inc. The stock was sold at an average price of $86.74, for a total transaction of $1,734,800.00.

On Thursday, Shares of Citigroup Inc (NYSE:C) gained 0.17% to $60.08. Live Your Vision Limited has invested 0.01% in salesforce.com, inc. Allanson Joe sold $48,700 worth of stock or 657 shares. Moreover, Ubs Asset Management Americas has 0.24% invested in salesforce.com, inc. Salesforce grew its overall market share position and raised its revenue more than any other Customer Relationship Administration (CRM) vendor. (NYSE:CRM). United Cap Fin Advisers Ltd Liability stated it has 6,129 shares or 0% of all its holdings. The company's stock had a trading volume of 15,733,470 shares. salesforce.com, inc. has a 1-year low of $66.43 and a 1-year high of $91.00. The company has market cap of $62.49 billion. (NYSE:CRM). State Street holds 0.17% in salesforce.com, inc. Roth Capital initiated the shares of HTBX in report on Monday, June 20 with "Buy" rating. This is an increase of 165% compared to the typical volume of 7,630 call options. However the company reported $0.24 earnings per share for the same quarter during past year. This year company's Earnings per Share (EPS) growth is 322.60% and next year's estimated EPS growth is 21.61%. For the current year the company's revenue estimates are $10.19 Billion compared to low analyst estimates of $10.15 Billion and high estimates of $10.23 Billion according to 41 number of analysts.

The number of shares now held by investors is 711.34 Million.

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Several other hedge funds have also recently added to or reduced their stakes in the company. Calamos Wealth Management Lc owns 0.38% invested in salesforce.com, inc. The firm owned 172,365 shares of the CRM provider's stock after selling 3,245 shares during the period. Vanguard Group Inc. increased its position in salesforce.com, inc.by 4.7% in the first quarter. The CRM giant reported non-GAAP earnings of 28 cents per share on revenue of $2.39 billion, up 25 percent year over year. Mutual of America Capital Management LLC raised its position in salesforce.com, inc.by 3.0% in the third quarter.

Salesforce.com Inc better-than-expected quarterly revenue and profit, boosted by strong demand for its cloud-based sales and marketing software. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. One analyst has rated the stock with a sell rating, four have assigned a hold rating and forty-two have given a buy rating to the stock. salesforce.com, inc. now has a consensus rating of "Buy" and a consensus price target of $94.72. salesforce.com, inc. Oppenheimer Holdings Inc. reiterated a "hold" rating and issued a $100.00 price target (up from $95.00) on shares of salesforce.com, inc.in a research report on Friday. JMP Securities reiterated an outperform rating and issued a $92.00 target price on shares of salesforce.com, inc.in a report on Monday, March 20th. Mizuho restated a "buy" rating and set a $100.00 target price (up from $95.00) on shares of salesforce.com, inc.in a research report on Friday. It has been suggested as "Buy Opinions" from 18 and 0 issued "Sell Thoughts" for the stock.

There are 1 sell rating, 3 hold ratings, 40 buy ratings on the stock. The Firm focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies.