The stock of Salesforce Inc (NYSE:CRM) last traded at $277.19, up 1.49% from the previous session.
CRM stock price is now 2.59% away from the 50-day moving average and -6.18% away from the 200-day moving average. The market capitalization of the company currently stands at $265.96B.
With the price target reduced from $367 to $350, BMO Capital Markets maintained Outperform rating for Salesforce Inc (NYSE: CRM). On April 21, 2025, DA Davidson Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock keeping its target price maintained at $200, while ‘Stephens’ rates the stock as ‘Equal-Weight’
In other news, SABASTIAN NILES, Officer bought 547 shares of the company’s stock on May 27 ’25. The stock was bought for $149,194 at an average price of $272.75. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’25, President and CLO Niles Sabastian sold 933 shares of the business’s stock. A total of $260,714 was realized by selling the stock at an average price of $279.44. This leaves the insider owning 2,495 shares of the company worth $0.69 million. A total of 2.59% of the company’s stock is owned by insiders.
During the past 12 months, Salesforce Inc has had a low of $212.00 and a high of $369.00. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 0.99, and a quick ratio of 0.99.
The net profit margin was 16.35% and return on equity was 10.26% for CRM. The company reported revenue of $9.99 billion for the quarter, compared to $9.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.6 percent.
