In Wednesday’s Wall Street session, Salesforce Inc (NYSE:CRM) shares traded at $250.48, up 2.91% from the previous session.
CRM stock price is now -10.79% away from the 50-day moving average and -14.34% away from the 200-day moving average. The market capitalization of the company currently stands at $240.71B.
With the price target maintained at $200, DA Davidson recently Downgraded its rating from Neutral to Underperform for Salesforce Inc (NYSE: CRM). On March 19, 2025, Stephens recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $311, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, SCHMAIER R DAVID, Chief Product & Impact Officer sold 6,959 shares of the company’s stock on Apr 16 ’25. The stock was sold for $1,762,769 at an average price of $253.31. Upon completion of the transaction, the Chief Product & Impact Officer now directly owns 36,090 shares in the company, valued at $9.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Co-Founder and CTO, Slack Harris Parker sold 9,742 shares of the business’s stock. A total of $2,467,725 was realized by selling the stock at an average price of $253.31. This leaves the insider owning 134,807 shares of the company worth $33.77 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. According to the stock market information, the enterprise value for the company is $238749286400, which is based on a 39.38 price-to-earnings ratio, a 3.14 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for CRM is $282.2952 and a two-hundred day moving average price translates $292.46985 for the stock.
The latest earnings results from Salesforce Inc (NYSE: CRM) was released for 2025-01-31. 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.
