Salesforce Inc (NYSE: CRM) is -13.68% lower on its value in year-to-date trading and has touched a low of $212.00 and a high of $369.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRM stock was last observed hovering at around $285.96 in the last trading session, with the day’s gains setting it 2.65%.
Currently trading at $288.61, the stock is 1.26% and -7.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.3 million and changing 0.93% at the moment leaves the stock -0.87% off its SMA200. CRM registered -6.41% loss for a year compared to 6-month gain of 8.17%. The firm has a 50-day simple moving average (SMA 50) of $312.0156 and a 200-day simple moving average (SMA200) of $291.1545.
The stock witnessed a -6.39% loss in the last 1 month and extending the period to 3 months gives it a -14.16%, and is 3.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.92% over the month.
Salesforce Inc (CRM) has around 76453 employees, a market worth around $277.35B and $37.90B in sales. Current P/E ratio is 45.37 and Fwd P/E is 22.98. Profit margin for the company is 16.35%. Distance from 52-week low is 36.14% and -21.79% from its 52-week high. The company has generated returns on investments over the last 12 months (8.57%).
The EPS is expected to grow by 9.45% this year.
Salesforce Inc (CRM) Top Institutional Holders
4037.0 institutions hold shares in Salesforce Inc (CRM), with institutional investors hold 85.02% of the company’s shares. The shares outstanding are 962.00M, and float is at 936.19M with Short Float at 1.03%. Institutions hold 82.79% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 86.27 million shares valued at $22.18 billion. The investor’s holdings represent 8.8935% of the CRM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 74.58 million shares valued at $19.17 billion to account for 7.7362 of the shares outstanding. The other top investors are STATE STREET CORP which holds 48.14 million shares representing 4.9941% and valued at over $12.38 billion, while FMR LLC holds 3.1264 of the shares totaling 30.33 million with a market value of $7.8 billion.
Salesforce Inc (CRM) Insider Activity
The most recent transaction is an insider sale by Harris Parker, the company’s Co-Founder and CTO, Slack. SEC filings show that Harris Parker sold 3,273 shares of the company’s common stock on Mar 24 ’25 at a price of $284.58 per share for a total of $0.93 million. Following the sale, the insider now owns 0.13 million shares.
Salesforce Inc disclosed in a document filed with the SEC on Mar 24 ’25 that Reddy Sundeep G. (EVP & Chief Accounting Officer) sold a total of 1,909 shares of the company’s common stock. The trade occurred on Mar 24 ’25 and was made at $284.58 per share for $0.54 million. Following the transaction, the insider now directly holds 11310.0 shares of the CRM stock.
Still, SEC filings show that on Mar 24 ’25, Tallapragada Srinivas (Pres/Chief Engineering Officer) disposed off 4,001 shares at an average price of $284.58 for $1.14 million. The insider now directly holds 30,873 shares of Salesforce Inc (CRM).
