As Salesforce Com INC (CRM) Shares Rose, Stevens Capital Management LP Decreased Its Stake

June 27, 2018 - By Daniel Mitchell

salesforce.com, inc. (NYSE:CRM) Corporate LogoDuring 2018 Q1 the big money sentiment increased to 1.44. That’s change of 0.25, from 2017Q4’s 1.19. 48 investors sold all, 254 reduced holdings as CRM ratio is positive. 304 rose holdings while 132 funds acquired holdings. Funds hold 608.53 million shares thus 0.05% more from 2017Q4’s 608.21 million shares. Honeywell reported 0.88% stake. Citizens And Northern stated it has 14,654 shs or 1.27% of all its holdings. Atwood & Palmer stated it has 288 shs or 0% of all its holdings. Pictet North America Advsrs invested in 99,800 shs or 1.75% of the stock. Cypress Management Limited Liability Corp (Wy) holds 3,330 shs. Westover Advisors Ltd, a Delaware-based fund reported 2,235 shs. Optimum Investment Advsr invested in 1,655 shs or 0.06% of the stock. Moreover, Lombard Odier Asset (Switzerland) has 0.03% invested in salesforce.com, inc. (NYSE:CRM). Jennison Assoc Ltd invested 1.95% of its capital in salesforce.com, inc. (NYSE:CRM). Ferox Capital Mgmt Ltd Partnership invested in 0.48% or 6,100 shs. Bedrijfstakpensioenfonds Voor De Media Pno holds 1.12% of its capital in salesforce.com, inc. (NYSE:CRM) for 59,000 shs. Guardian Trust has invested 0.01% in salesforce.com, inc. (NYSE:CRM). Comerica Financial Bank holds 254,325 shs or 0.23% of its capital. Kentucky Retirement Insurance Tru Fund owns 15,709 shs. Parkside Bank & Trust holds 0.03% or 650 shs in its capital.

CRM had 226 insider sales and 6 buys since January 3, 2018. This’s net activity of $172.61 million. BLOCK KEITH also sold $1.35 million worth of salesforce.com, inc. (NYSE:CRM) on Tuesday, June 12. Another trade for 5,000 shs valued at $665,074 was sold by Benioff Marc. Harris Parker had sold 1,808 shs worth $244,008 on Tuesday, June 12. Shares for $39,149 were sold by Weaver Amy E. Shares for $14,203 were sold by Roos John Victor on Thursday, February 8. $1.99M worth of salesforce.com, inc. (NYSE:CRM) was sold by Hawkins Mark J on Thursday, March 22.

Matthew Tewksbury decreased its holdings by 44.56% in Salesforce Com Inc (CRM), according to 2018Q1 SEC form. The company’s stock popped up 9.70% while Stevens Capital Management Lp sold 152,789 shares. The prepackaged software company reported $22.11 million value for the 2018Q1. Now the hedge fund run by Matthew Tewksbury is holding 190,085 shares, compared to the 342,874 from the previous quarter. $100.73 billion is the market cap of Salesforce Com Inc. The stock increased 0.08% or $0.11 during the last trading session, reaching $135.59.Currently salesforce.com, inc. is uptrending after 40.20% change in last June 27, 2017. CRM has 1.99M shares volume. CRM outperformed by 27.63% the S&P500.

About $6.88 billion and $2.64 billion US Long portfolio Stevens Capital Management Lp operates. Its stake in Royal Caribbean Cruises Ltd (NYSE:RCL) was upped by 39,383 shares to 147,301 shares valued at $17.34 million in 2018Q1, according to the filing. Stevens Capital Management Lp has risen its stake in Huntington Ingalls Inds Inc (NYSE:HII) and also increased its holding in Ameriprise Finl Inc (NYSE:AMP) by 64,298 shares in the quarter, for a total of 101,322 shares.

salesforce.com, inc. (NYSE:CRM) is anticipated to announce earnings on August, 28., Faxor reports. Last year’s earnings per share was $0.09, while now analysts expect change of 33.33 % up from current $0.12 earnings per share. CRM’s profit could be $89.15M if the current earnings per share of $0.12 is accurate. -76.92 % negative EPS growth is what Wall Street’s sees after $0.52 reported EPS previous quarter.

For more salesforce.com, inc. (NYSE:CRM) news released briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Finance.Yahoo.com. The titles are as follows: “Salesforce: Just A Wealth Of Superlatives” released on June 01, 2018, “Salesforce.com: Is It Too Late?” on June 19, 2018, “Salesforce.com: A Screaming Sell” with a publish date: June 21, 2018, “Box: Increasing Switching Costs Will Be Key” and the last “Salesforce.com Is Winning Big With Its Recent Investments” with publication date: June 20, 2018.

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

Total analysts of 31 have positions in Salesforce.com (NYSE:CRM) as follows: 29 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 94%. Since January 10, 2018 according to StockzIntelligence Inc Salesforce.com has 54 analyst reports. On Monday, February 26 the firm has “Buy” rating by Oppenheimer given. The stock rating was upgraded by Bernstein to “Hold” on Thursday, May 3. On Friday, March 2 the stock of salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by Morgan Stanley. In Tuesday, February 20 report Deutsche Bank maintained it with “Buy” rating and $130 target. The stock rating was maintained by Wells Fargo with “Buy” on Wednesday, May 30. On Wednesday, May 30 the firm has “Outperform” rating given by Robert W. Baird. The stock rating was maintained by Piper Jaffray with “Buy” on Tuesday, March 20. The company rating was maintained by Barclays Capital on Thursday, March 1. In Thursday, March 1 report BMO Capital Markets maintained it with “Outperform” rating and $133 target. On Wednesday, March 21 the firm has “Buy” rating given by Stifel Nicolaus.

salesforce.com, inc. (NYSE:CRM) Institutional Investors Chart

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