SALESFORCE.COM Inc (NYSE:CRM) Just Reported Decreased Shorts

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Investors sentiment increased to 1.61 in Q2 2018. Its up 0.17, from 1.44 in 2018Q1. It increased, as 40 investors sold salesforce.com, inc. shares while 254 reduced holdings. 121 funds opened positions while 353 raised stakes. 610.03 million shares or 0.25% more from 608.53 million shares in 2018Q1 were reported.
Voya Investment Mngmt Lc invested 0.4% in salesforce.com, inc. (NYSE:CRM). Numerixs Investment Technology invested in 9,010 shares. Sheets Smith Wealth Mngmt stated it has 6,089 shares. 2.39M were accumulated by Sustainable Growth Advisers L P. Private Ocean Lc has invested 0% of its portfolio in salesforce.com, inc. (NYSE:CRM). 152,403 were reported by Jag Cap Mgmt Lc. Tiemann Investment Advsrs Ltd Liability invested in 0.92% or 8,390 shares. Janney Montgomery Scott Ltd Liability Corp has 73,570 shares for 0.1% of their portfolio. Cambridge Inv Rech owns 33,216 shares or 0.05% of their US portfolio. Usca Ria Limited Liability Com reported 0.23% in salesforce.com, inc. (NYSE:CRM). Central Bank & Trust Tru reported 17,585 shares or 0.6% of all its holdings. Tiedemann Advsrs Ltd Liability Corp has 0.09% invested in salesforce.com, inc. (NYSE:CRM). The New York-based Brown Brothers Harriman Co has invested 0% in salesforce.com, inc. (NYSE:CRM). Daiwa Gru invested 0.07% of its portfolio in salesforce.com, inc. (NYSE:CRM). Robeco Institutional Asset Mgmt Bv holds 82,515 shares or 0.05% of its portfolio.

Since June 5, 2018, it had 4 insider buys, and 191 sales for $193.12 million activity. Roos John Victor had sold 176 shares worth $26,043. Benioff Marc sold $693,438 worth of stock or 5,000 shares. Harris Parker had sold 2,057 shares worth $254,248. $82,283 worth of stock was sold by Robbins Cynthia G. on Saturday, August 25. Shares for $1.35 million were sold by BLOCK KEITH on Thursday, June 7. ROBERTSON SANFORD sold $4.02 million worth of salesforce.com, inc. (NYSE:CRM) on Monday, June 11.

The stock of SALESFORCE.COM Inc (NYSE:CRM) registered a decrease of 2.16% in short interest. CRM’s total short interest was 10.76M shares in December as published by FINRA. Its down 2.16% from 11.00 million shares, reported previously. With 5.80M shares average volume, it will take short sellers 2 days to cover their CRM’s short positions. The short interest to SALESFORCE.COM Inc’s float is 1.54%.

The stock increased 2.03% or $2.82 during the last trading session, reaching $142.06. About 9.19M shares traded or 35.76% up from the average. salesforce.com, inc. (NYSE:CRM) has risen 60.42% since December 7, 2017 and is uptrending. It has outperformed by 44.80% the S&P500.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $108.68 billion. The firm offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices, as well as solutions for partner relationship management. It has a 148.13 P/E ratio. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connects their service agents with clients on various devices; and Marketing Cloud to plan, personalize, and optimize one-to-one customer interactions.

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

Among 19 analysts covering Salesforce.com (NYSE:CRM), 19 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Salesforce.com had 25 analyst reports since July 11, 2018 according to SRatingsIntel. UBS maintained it with “Buy” rating and $18000 target in Wednesday, November 28 report. The company was maintained on Tuesday, August 21 by BMO Capital Markets. Stifel Nicolaus maintained salesforce.com, inc. (NYSE:CRM) rating on Tuesday, July 17. Stifel Nicolaus has “Buy” rating and $160 target. The stock of salesforce.com, inc. (NYSE:CRM) earned “Outperform” rating by Macquarie Research on Thursday, August 30. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Wednesday, July 11 by Robert W. Baird. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Thursday, August 30 by Canaccord Genuity. Barclays Capital maintained salesforce.com, inc. (NYSE:CRM) on Friday, September 7 with “Overweight” rating. Morgan Stanley maintained the shares of CRM in report on Tuesday, August 14 with “Overweight” rating. The rating was maintained by Robert W. Baird with “Outperform” on Friday, September 28. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Monday, November 26 by Wedbush.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Nasdaq.com which released: “Research Report Identifies Choice Hotels International, salesforce.com, inc, Hormel Foods, Interpublic Group of Companies, United Continental, and Activision Blizzard with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – Nasdaq” on December 03, 2018, also Fool.com with their article: “2 Great Stocks for Your IRA – The Motley Fool” published on December 02, 2018, Seekingalpha.com published: “Salesforce: Full Force Ahead Into FY20 – Seeking Alpha” on November 30, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Seekingalpha.com and their article: “Salesforce Reports Earnings Below The Cloud Of A Potential ‘Death Cross’ – Seeking Alpha” published on November 27, 2018 as well as Nasdaq.com‘s news article titled: “Anaplan Pleases Investors on Its First Earnings Call as a Public Company – Nasdaq” with publication date: December 06, 2018.

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

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