Salesforce Com Inc (CRM) Files Form 4 Insider Selling : Keith Block Sells 10,000 Shares

Salesforce Com Inc (CRM): Keith Block , Pres., Vice Chairman and COO of Salesforce Com Inc sold 10,000 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $81.62 per share for a total value of $816,181.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 22, 2016, John Victor Roos (director) sold 155 shares at $81.57 per share price.On Jun 21, 2016, Parker Harris (Co-Founder) sold 5,000 shares at $81.55 per share price.Also, On Jun 20, 2016, Marc Benioff (Chairman of the Board & CEO) sold 37,500 shares at $81.18 per share price.On Jun 20, 2016, Keith Block (Pres., Vice Chairman and COO) sold 10,000 shares at $81.13 per share price.

salesforce.com: On Monday, Jun 20, 2016 heightened volatility was witnessed in salesforce.com which led to swings in the share price. The shares opened for trading at $81.48 and hit $82.29 on the upside , eventually ending the session at $81.22, with a gain of 0.89% or 0.72 points. The heightened volatility saw the trading volume jump to 34,48,294 shares. The 52-week high of the share price is $84.48 and the company has a market cap of $55,027 M . The 52-week low of the share price is at $52.6.

salesforce.com Money Flow Index Chart

Company has been under the radar of several Street Analysts.salesforce.com is Initiated by BMO Capital Markets to Outperform and the brokerage firm has set the Price Target at $98. The Rating was issued on Jun 15, 2016.salesforce.com is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 100 from a previous price target of $90 .The Rating was issued on May 19, 2016.salesforce.com is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 101 from a previous price target of $93 .The Rating was issued on May 19, 2016.salesforce.com is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 93 from a previous price target of $85 .The Rating was issued on May 19, 2016.salesforce.com is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 95 from a previous price target of $88 .The Rating was issued on May 19, 2016.

salesforce.com inc. is a provider of enterprise cloud computing solutions that include apps and platform services as well as professional services. The Company focuses on customer relationship management (CRM). The Company offers six core cloud services that include sales force automation customer service and support marketing automation community management analytics and a cloud platform for building custom applications. The Company offers consulting deployment training implementation and integration services to its customers to facilitate the adoption of its cloud solutions. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices on a subscription basis primarily through its direct sales efforts and indirectly through partners.

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