Salesforce Com INC (CRM) Shareholder Stevens Capital Management LP Decreased Stake

June 27, 2018 - By Clyde Turner

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 increased. 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. Moreover, Sumitomo Mitsui Asset Mgmt has 1.29% invested in salesforce.com, inc. (NYSE:CRM) for 748,633 shs. Verition Fund owns 2,993 shs. Archford Strategies Limited Liability Corporation has invested 0.01% of its capital in salesforce.com, inc. (NYSE:CRM). Citizens & Northern Corp holds 1.27% of its capital in salesforce.com, inc. (NYSE:CRM) for 14,654 shs. Melvin Cap LP invested 2.12% of its capital in salesforce.com, inc. (NYSE:CRM). Scotia Capital reported 0.07% of its capital in salesforce.com, inc. (NYSE:CRM). 2.56 million are held by Sumitomo Mitsui. Clinton Grp reported 2,716 shs stake. First Manhattan Com accumulated 1,000 shs. Blume Management Incorporated holds 0.04% of its capital in salesforce.com, inc. (NYSE:CRM) for 680 shs. Nordea Investment Mgmt Ab has 66,061 shs. Cornerstone Advisors stated it has 3,363 shs or 0.27% of all its holdings. The Massachusetts-based Cohen Lawrence B has invested 1.47% in salesforce.com, inc. (NYSE:CRM). Picton Mahoney Asset Mngmt reported 2.52% stake. Webster Commercial Bank N A has invested 0.46% in salesforce.com, inc. (NYSE:CRM).

CRM registered $172.61 million net activity with 6 insider buys and 226 insider sales since January 3, 2018. Dayon Alexandre sold $21.47 million worth of salesforce.com, inc. (NYSE:CRM) or 166,299 shs on Wednesday, May 9. $1.38M worth of salesforce.com, inc. (NYSE:CRM) was sold by BLOCK KEITH on Tuesday, June 19. The insider Roos John Victor sold 143 shs worth $16,289. Harris Parker also sold $205,073 worth of salesforce.com, inc. (NYSE:CRM) shs. The insider Conway Craig sold $31,733. HASSENFELD ALAN G sold $3.26M worth of salesforce.com, inc. (NYSE:CRM) on Friday, June 1.

Matthew Tewksbury reduced its stake by 44.56% in Salesforce Com Inc (CRM), according to 2018Q1 Securities and Exchange filling. 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. $100.73B is Salesforce Com Inc’s MC. CRM touched $135.59 during the last trading session after $0.11 change.salesforce.com, inc. has volume of 1.99 million shares. Since June 27, 2017 CRM has risen 40.20% and is uptrending. The stock outperformed the S&P 500 by 27.63%.

Stevens Capital Management Lp operates about $6.88B and $2.64B US Long portfolio. It rose its stake in Red Hat Inc (NYSE:RHT) by 69,238 shares to 95,200 shares, valued at $14.23M in 2018Q1, according to the filing. For a total of 125,064 shares it increased its holding in Darden Restaurants Inc (NYSE:DRI) by 59,941 shares in the quarter, and has risen its stake in Dowdupont Inc.

On August, 28. Investors expect salesforce.com, inc. (NYSE:CRM) to reveal its quarterly earnings, according to Faxor. EPS of $0.12 is 33.33 % up from 2017’s $0.09 EPS. The profit will be $89.15 million for CRM if $0.12 EPS becomes true. Last quarter $0.52 EPS was reported. Analysts predicts -76.92 % negative EPS growth this quarter.

For more salesforce.com, inc. (NYSE:CRM) news brought out recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Finance.Yahoo.com. The titles are as follows: “Box: Increasing Switching Costs Will Be Key” brought out on June 26, 2018, “Salesforce: Just A Wealth Of Superlatives” on June 01, 2018, “Salesforce.com: A Screaming Sell” with a publish date: June 21, 2018, “Salesforce.com: Is It Too Late?” 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

A total of 31 analysts rate Salesforce.com (NYSE:CRM) as follows: 29 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 94% are bullish. (NYSE:CRM) has 54 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, May 4 the company was maintained by Credit Suisse. The company rating was maintained by JMP Securities on Tuesday, May 8. On Tuesday, May 29 the stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Rosenblatt. On Thursday, March 1 the stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Canaccord Genuity. On Monday, February 26 Oppenheimer maintained the shares of CRM in report with “Buy” rating. On Thursday, March 1 the rating was maintained by Mizuho with “Buy”. On Wednesday, March 21 Credit Suisse maintained the shares of CRM in report with “Buy” rating. The company rating was maintained by Morgan Stanley on Friday, March 2. On Wednesday, January 10 the company was maintained by Guggenheim. On Thursday, March 1 the stock has “Outperform” rating by Credit Suisse.

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

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