Salesforce Inc (NYSE: CRM) is -20.55% 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 $267.85 in the last trading session, with the day’s loss setting it -2.21%.
Currently trading at $265.64, the stock is 4.08% and -4.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.97 million and changing -0.83% at the moment leaves the stock -9.21% off its SMA200. CRM registered -3.82% loss for a year compared to 6-month loss of -6.61%. The firm has a 50-day simple moving average (SMA 50) of $277.1172 and a 200-day simple moving average (SMA200) of $292.5853.
The stock witnessed a -4.38% gain in the last 1 month and extending the period to 3 months gives it a -23.47%, and is 12.44% 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 2.85% over the week and 4.03% over the month.
Salesforce Inc (CRM) has around 76453 employees, a market worth around $255.28B and $37.90B in sales. Current P/E ratio is 41.76 and Fwd P/E is 21.18. Profit margin for the company is 16.35%. Distance from 52-week low is 25.30% and -28.01% from its 52-week high. The company has generated returns on investments over the last 12 months (8.57%).
with sales reaching $9.74B over the same period.The EPS is expected to grow by 9.39% this year, but quarterly earnings will post 7.68% year-over-year. Quarterly sales are estimated to grow 6.69% in year-over-year returns.
Salesforce Inc (CRM) Top Institutional Holders
3982.0 institutions hold shares in Salesforce Inc (CRM), with institutional investors hold 85.16% of the company’s shares. The shares outstanding are 962.00M, and float is at 936.15M with Short Float at 1.33%. Institutions hold 82.95% 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 8.9488% 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 3.1459 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 Reddy Sundeep G., the company’s EVP & Chief Accounting Officer. SEC filings show that Reddy Sundeep G. sold 1,525 shares of the company’s common stock on Apr 23 ’25 at a price of $253.66 per share for a total of $0.39 million. Following the sale, the insider now owns 12211.0 shares.
Salesforce Inc disclosed in a document filed with the SEC on Apr 23 ’25 that SCHMAIER R DAVID (Chief Product & Impact Officer) sold a total of 4,586 shares of the company’s common stock. The trade occurred on Apr 23 ’25 and was made at $253.66 per share for $1.16 million. Following the transaction, the insider now directly holds 33273.0 shares of the CRM stock.
Still, SEC filings show that on Apr 23 ’25, Tallapragada Srinivas (Chief Eng/Cust Success Officer) disposed off 897 shares at an average price of $253.66 for $0.23 million. The insider now directly holds 41,422 shares of Salesforce Inc (CRM).
