Shares of Inc (CRM) Sees Large Inflow of Net Money Flow Inc (CRM): $3.43 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.35. The value of trades done on upticks was $13.28 million, whereas, trades done on downticks were valued at $9.85 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.39 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $3.39 million. Inc (CRM) fell $0.08 traded at $81.58, a change of -0.1% over the previous day. The stock is 0.85% for the week.

The company Insiders own 6.7% of Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.39% . Institutional Investors own 87.59% of Inc shares. During last six month period, the net percent change held by insiders has seen a change of -3.28%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman of the Board & CEO) of Salesforce Com Inc, Benioff Marc had sold 50,000 shares worth of $3,966,500 in a transaction dated July 5, 2016. In this transaction, 50,000 shares were sold at $79.33 per share.

Shares of, inc. rose by 4.14% in the last five trading days and 0.12% for the last 4 weeks., inc. is up 10.31% in the last 3-month period. Year-to-Date the stock performance stands at 4.5%. Inc (NYSE:CRM): stock turned positive on Tuesday. Though the stock opened at $81.95, the bulls momentum made the stock top out at $82.45 level for the day. The stock recorded a low of $81.215 and closed the trading day at $81.93, in the green by 0.33%. The total traded volume for the day was 3,505,622. The stock had closed at $81.66 in the previous days trading., 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.