Salesforce.com Inc (NYSE:CRM) traded negative at $81.79. On an intraday basis, the price dropped -0.04 points or -0.05%. The composite uptick value was $61.45 million while the combined downtick value was $56.5. The net money flow was $4.94 million while the up/down ratio was not very comforting at 1.09. The shares on a weekly note has seen a change in share price of -0.92%.According to the trading data, the shares saw a block trade with $8.32 million in upticks and $1.23 million in downticks. The up/down ratio for the block was calculated to be 6.76. The net money flow for the block trade was 7.09.
Currently the company Insiders own 6.7% of Salesforce.com Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.03% . Institutional Investors own 87.57% of Salesforce.com Inc shares. During last six month period, the net percent change held by insiders has seen a change of -4.09%. On the companys insider trading activities,The director officer (Chairman of the Board & CEO) of Salesforce Com Inc, Benioff Marc sold 25,000 shares at $82.46 on June 9, 2016. The Insider selling transaction had a total value worth of $2,061,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Salesforce.com Inc (NYSE:CRM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.34 points or 0.42% at $81.49 with 4,618,087 shares getting traded. Post opening the session at $81.25, the shares hit an intraday low of $80.8 and an intraday high of $82.99 and the price was in this range throughout the day. The company has a market cap of $55,209 million and the number of outstanding shares have been calculated to be 677,500,000 shares. The 52-week high of Salesforce.com Inc (NYSE:CRM) is $84.48 and the 52-week low is $52.6.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, SunTrust Robinson Humphrey maintains its rating on Salesforce.com Inc (NYSE:CRM).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, SunTrust Robinson Humphrey raises the new price target from $96 per share to $98 per share. The rating by the firm was issued on June 2, 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.