The firm owned 111,614 shares of the CRM provider's stock after purchasing an additional 3,800 shares during the quarter.
Peapack Gladstone Financial Corp decreased Salesforce.Com (CRM) stake by 9.87% reported in 2017Q2 SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of CRM.
While looking at the Stock's Performance, salesforce.com, inc. now shows a Weekly Performance of 1.5%, where Monthly Performance is 8.56%, Quarterly performance is 15.51%, 6 Months performance is 21.34% and yearly performance percentage is 38.06%. Boston Private Wealth LLC boosted its holdings in Salesforce.com by 0.3% in the 2nd quarter.
Salesforce.com ( CRM ) late Tuesday reported adjusted third-quarter profit and revenue that topped expectations, but it offered a profit outlook for the current quarter that was light. The stock closed maximum at $109.00 over the 52 weeks but is now -1.50% away from that point. People s United Financial Inc. boosted its stake in Salesforce.com by 60.1% during the second quarter.
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The top gainer with a security that increased in price during today's trading was Salesforce.com, inc.
CRM has been the topic of several research analyst reports. Mizuho restated a buy rating and issued a $120.00 price target (up previously from $110.00) on shares of Salesforce.com in a research note on Monday, November 13th. Finally, Northland Securities reaffirmed a "buy" rating and issued a $105.00 price target on shares of Salesforce.com in a report on Wednesday, August 23rd. Raymond James maintained it with "Buy" rating and $125.0 target in Wednesday, August 23 report. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and forty-six have issued a buy rating to the company.
When it comes to the Analysis of a Stock, Price Target plays a vital role. The NYSE-listed company saw a recent bid of $107.37 on volume of 5.47 million shares. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.08. The company's market cap is $76.77 Billion, and the average volume is $4.28 Million. Salesforce.com Inc has a 12 month low of $66.43 and a 12 month high of $109.19.
(NYSE:CRM) last issued its earnings results on Tuesday, November 21st. The CRM provider reported $0.39 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.02. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.65 billion. The Return on Investment and Return on Equity (ROE) values are 16.5 percent and 26 percent, respectively. Janus Henderson Group PLC grew its stake in shares of Salesforce.com by 911.7% in the second quarter.
For the current quarter ending in January, Salesforce.com expects its per-share earnings to range from 32 cents to 33 cents. The shares were sold at an average price of $93.38, for a total transaction of $92,632.96. The firm owned $47.24 million shares of the company's stock after selling 6.88 million shares during the period. (NYSE:CRM) by 12.71% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Also, insider Alexandre Dayon sold 124,331 shares of the stock in a transaction on Friday, October 20th. The shares were sold at an average price of $95.85, for a total transaction of $732,389.85.
The company's ATR (Average True Range) is 1.99. The disclosure for this sale can be found here. Leading up to this report, we have seen a -1.98% fall in the stock price over the last 30 days and a 5.55% increase over the past 3 months.