The Pres., Sales & Cust. Success of Salesforce.com (NYSE: CRM) is Selling Shares

By George MacDonald

Yesterday, the Pres., Sales & Cust. Success of Salesforce.com (NYSE: CRM), Maria Martinez, sold shares of CRM for $232.2k.

In addition to Maria Martinez, 39 other CRM executives reported Sell trades in the last month. Over the last month, Maria Martinez has reported 4 Sell trades on CRM for a total of $449.1k.

Based on Salesforce.com`s latest earnings report from October 31, the company posted quarterly revenue of $1.71B and GAAP net loss of $25.16M. In comparison, last year the company earned revenue of $1.38B and had a GAAP net loss of $38.92M. The company has a one year high of $82.90 and a one year low of $53.44. Currently, Salesforce.com has an average volume of 4.45M.

12 different firms, including Arete Research and Berenberg Bank, currently also have a Sell rating on the stock. Based on 23 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $88.38, reflecting a -9.8% downside.

Looking at blogger coverage of CRM, there is a 75% Bullish tendency on the stock, in relation to a 66% average bullish tendency within the Technology sector.

In the last 30 days, insiders have sold $1.31M worth of CRM shares and purchased $1.93M worth of CRM shares. Over the last 3 months, the insider sentiment on Salesforce.com has been negative based on 320 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Salesforce.com Inc provides enterprise cloud computing solutions, offering social and mobile cloud apps and platform services, as well as professional services to facilitate the adoption of its solutions.