Salesforce Com INC (CRM) Market Valuation Rose While Criterion Capital Management LLC Has Upped Stake by $57.64 Million

July 18, 2017 - By test

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.14, from 1.13 in 2016Q3. It turned negative, as 89 investors sold CRM shares while 255 reduced holdings. 98 funds opened positions while 244 raised stakes. 588.03 million shares or 3.26% more from 569.46 million shares in 2016Q3 were reported. Brown Advisory holds 5.60 million shares. Fagan has invested 0.86% of its portfolio in salesforce.com, inc. (NYSE:CRM). Td Asset Mngmt holds 0.12% or 1.07M shares. Mason Street Lc has 87,323 shares. Kingdon Capital Management Ltd Limited Liability Company invested in 0.7% or 211,140 shares. Evercore Wealth Mngmt Ltd Liability Com invested 0.08% in salesforce.com, inc. (NYSE:CRM). Dimensional Fund Advisors Ltd Partnership, Texas-based fund reported 686,065 shares. Kames Capital Public Limited Co accumulated 20,060 shares. Lansdowne Prns (Uk) Llp reported 127,487 shares. Triangle Wealth stated it has 0.54% in salesforce.com, inc. (NYSE:CRM). Eastern Bankshares invested 1.12% in salesforce.com, inc. (NYSE:CRM). New York State Teachers Retirement System holds 1.06 million shares. Reilly Financial Limited Liability Company holds 0% or 295 shares. Windward Capital Mngmt Ca holds 264,407 shares. Neville Rodie Shaw holds 0.2% or 24,298 shares in its portfolio.

Since January 19, 2017, it had 5 insider buys, and 196 sales for $200.18 million activity. The insider BLOCK KEITH sold $829,478. Roos John Victor also sold $10,894 worth of salesforce.com, inc. (NYSE:CRM) on Thursday, January 19. Weaver Amy E had sold 745 shares worth $60,706. 653 salesforce.com, inc. (NYSE:CRM) shares with value of $57,886 were sold by Dayon Alexandre. On Tuesday, February 21 the insider Benioff Marc sold $820,024. $30,699 worth of salesforce.com, inc. (NYSE:CRM) was sold by Norton Burke F. 1,256 salesforce.com, inc. (NYSE:CRM) shares with value of $99,987 were bought by Wojcicki Susan.

Christopher Lord increased its stake in Salesforce Com Inc (CRM) by 38.47% based on its latest 2016Q4 regulatory filing with the SEC. Criterion Capital Management Llc bought 847,597 shares as the company’s stock rose 7.28% with the market. The hedge fund run by Christopher Lord held 3.05M shares of the prepackaged software company at the end of 2016Q4, valued at $208.88 million, up from 2.20M at the end of the previous reported quarter. Criterion Capital Management Llc who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $63.09B market cap company. The stock declined 0.21% or $0.19 reaching $89.1 on the news. About 580 shares traded. salesforce.com, inc. (NYSE:CRM) has risen 7.78% since July 18, 2016 and is uptrending. It has underperformed by 8.92% the S&P500.

Criterion Capital Management Llc, which manages about $3.75 billion and $2.45 billion US Long portfolio, decreased its stake in Twitter Inc (Call) (NYSE:TWTR) by 516,600 shares to 483,400 shares, valued at $7.88M in 2016Q4, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 168,039 shares in the quarter, leaving it with 899,330 shares, and cut its stake in Zayo Group Hldgs Inc (NYSE:ZAYO).

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Seekingalpha.com which released: “Salesforce announces AWS availability to Canadian customers” on July 13, 2017, also Nasdaq.com with their article: “Salesforce (CRM) Down 2% Since Earnings Report: Can It Rebound?” published on June 19, 2017, Seekingalpha.com published: “Salesforce Joins $25 Million Funding Round For Pendo” on July 14, 2017. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Seekingalpha.com and their article: “Salesforce announces three new AI tools for Einstein platform” published on June 28, 2017 as well as Thestreet.com‘s news article titled: “Why Salesforce, Splunk, Microsoft and Other Software Stocks Could Rip Even Higher” with publication date: July 14, 2017.

salesforce.com, inc. (NYSE:CRM) Ratings Coverage

Among 46 analysts covering Salesforce.com (NYSE:CRM), 40 have Buy rating, 1 Sell and 5 Hold. Therefore 87% are positive. Salesforce.com has $115 highest and $18 lowest target. $92.67’s average target is 4.01% above currents $89.1 stock price. Salesforce.com had 121 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of salesforce.com, inc. (NYSE:CRM) has “Underweight” rating given on Thursday, November 19 by Jefferies. The stock has “Outperform” rating by William Blair on Monday, August 24. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Thursday, September 1 by Wedbush. Mizuho maintained salesforce.com, inc. (NYSE:CRM) on Thursday, November 19 with “Buy” rating. The firm has “Outperform” rating by Northland Capital given on Thursday, November 19. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Monday, November 16 by RBC Capital Markets. The stock has “Buy” rating by Mizuho on Thursday, September 1. Citigroup maintained the stock with “Buy” rating in Thursday, May 19 report. The company was maintained on Thursday, May 19 by FBN Securities. The firm has “Buy” rating given on Thursday, June 2 by SunTrust.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.