Salesforce Com Inc (CRM): Alexandre Dayon , Pres. & Chief Product Officer of Salesforce Com Inc sold 2,158 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $73.82 per share for a total value of $159,303.78 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Marc Benioff (Chairman of the Board and CEO) sold 12,500 shares at $75.05 per share price.On Sep 6, 2016, Parker Harris (Co-Founder) sold 5,000 shares at $75.26 per share price.Also, On Sep 6, 2016, Craig Conway (director) sold 1,020 shares at $75.10 per share price.On Sep 1, 2016, Amy E Weaver (EVP, General Counsel) sold 5,650 shares at $76.02 per share price.
salesforce.com: On Monday, Sep 12, 2016 heightened volatility was witnessed in salesforce.com which led to swings in the share price. The shares opened for trading at $73.78 and hit $74.71 on the upside , eventually ending the session at $74.36, with a gain of 0.22% or 0.16 points. The heightened volatility saw the trading volume jump to 5,197,766 shares. The 52-week high of the share price is $84.48 and the company has a market cap of $50,501 M . The 52-week low of the share price is at $52.6.
Company has been under the radar of several Street Analysts.salesforce.com is Reiterated by Mizuho to Buy while Lowering the Price Target of the company shares to $ 85 from a previous price target of $100 . The Rating was issued on Sep 1, 2016.salesforce.com is Reiterated by BMO Capital Markets to Outperform while Lowering the Price Target of the company shares to $ 86 from a previous price target of $98 . The Rating was issued on Sep 1, 2016.salesforce.com is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 85 from a previous price target of $91 . The Rating was issued on Sep 1, 2016.salesforce.com is Reiterated by Wedbush to Outperform while Lowering the Price Target of the company shares to $ 96 from a previous price target of $98 . The Rating was issued on Sep 1, 2016.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 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.