Salesforce Inc (NYSE: CRM) is -13.51% 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 $288.82 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $289.17, the stock is 8.74% and 7.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.28 million and changing 0.12% at the moment leaves the stock -1.61% off its SMA200. CRM registered 5.09% gain for a year compared to 6-month loss of -6.95%.
The stock witnessed a 13.40% gain in the last 1 month and extending the period to 3 months gives it a -10.86%, and is 5.78% 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 2.00% over the week and 2.34% over the month.
Salesforce Inc (CRM) has around 76453 employees, a market worth around $277.45B and $37.90B in sales. Current P/E ratio is 45.46 and Fwd P/E is 23.05. Profit margin for the company is 16.35%. Distance from 52-week low is 36.40% and -21.63% 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 9.40% this year.
Salesforce Inc (CRM) Top Institutional Holders
The shares outstanding are 962.00M, and float is at 934.54M with Short Float at 1.36%.
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 500 shares of the company’s common stock on May 02 ’25 at a price of $275.00 per share for a total of $0.14 million. Following the sale, the insider now owns 11711.0 shares.
Still, SEC filings show that on Apr 23 ’25, Reddy Sundeep G. (EVP & Chief Accounting Officer) disposed off 1,525 shares at an average price of $253.66 for $0.39 million. The insider now directly holds 12,211 shares of Salesforce Inc (CRM).
