Salesforce.com Inc (CRM) : During the past 4 weeks, traders have been relatively bearish on Salesforce.com Inc (CRM), hence the stock is down -3.12% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.85% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.63% in the last 1 week, and is up 1.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 1.68%.
Salesforce.com Inc (NYSE:CRM): The stock opened at $81.86 on Friday but the bulls could not build on the opening and the stock topped out at $81.91 for the day. The stock traded down to $81.04 during the day, due to lack of any buying support eventually closed down at $81.40 with a loss of -0.20% for the day. The stock had closed at $81.56 on the previous day. The total traded volume was 2,253,780 shares.
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 -0.21% . Institutional Investors own 87.59% of Salesforce.com Inc shares. During last six month period, the net percent change held by insiders has seen a change of -3.08%. In a related news, Conway Craig, director of Salesforce Com Inc, unloaded 400 shares at an average price of $81.86 on July 15, 2016. The total amount of the transaction was worth $32,744, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.