Shareholder Picton Mahoney Asset Management Lifted Salesforce Com INC (CRM) Holding

Marco Green
April 21, 2018

Ctc Llc acquired 179,594 shares as Netflix Inc (NFLX)'s stock rose 58.31%. The institutional investor held 2.53 million shares of the prepackaged software company at the end of 2017Q4, valued at $259.08M, down from 2.68 million at the end of the previous reported quarter. Netflix Inc now has $143.35B valuation. About 256,768 shares traded or 10.24% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 20, 2017 and is uptrending. It has outperformed by 97.18% the S&P500. With 387,800 avg volume, 0 days are for Petroquest Energy Inc (NYSE:PQ)'s short sellers to cover PQ's short positions. (NYSE:CRM) or 1,750 shs. Its up 20.13% from 16.46 million shares previously. (NYSE:CRM) has "Buy" rating given on Friday, August 28 by Roth Capital. $598,086 worth of salesforce.com, inc.

NYSE CRM traded down $0.40 during trading hours on Wednesday, hitting $124.06.

Salesforce.com (NYSE:CRM) CEO Marc Benioff sold 5,000 shares of the business's stock in a transaction dated Monday, April 16th. Since April 20, 2017 CRM has risen 39.46% and is uptrending. CRM outperformed by 27.91% the S&P500. Two analysts have rated the stock with a sell rating, three have issued a hold rating and forty-one have given a buy rating to the company's stock. salesforce.com, inc. has a consensus rating of "Buy" and a consensus price target of $94.02. Therefore 67% are positive. (NYSE:CRM). Janney Montgomery Scott Ltd reported 0.06% of its capital in salesforce.com, inc. On Thursday, March 1 the rating was maintained by Wedbush with "Buy". Jennison Associates LLC boosted its stake in shares of salesforce.com, inc.by 3.2% in the third quarter. The stock has "Buy" rating by Barrington on Wednesday, April 11. On Wednesday, November 22 the rating was maintained by Wells Fargo with "Buy". Jefferies maintained the shares of CRM in report on Friday, October 27 with "Hold" rating. Salesforce.com has a fifty-two week low of $83.46 and a fifty-two week high of $128.87. (NYSE:CRM) by 5.1% during the first quarter, according to its most recent 13F filing with the SEC. The rating was maintained by Deutsche Bank on Wednesday, November 8 with "Buy". The firm has "Buy" rating by SunTrust given on Friday, November 3. (NYSE:CRM) rating. BMO Capital Markets has "Outperform" rating and $112 target. RBC Capital Markets maintained salesforce.com, inc. (NYSE:CRM) has "Hold" rating given on Tuesday, May 23 by Jefferies. In Wednesday, March 21 report Barclays Capital maintained it with "Buy" rating and $140.0 target. Blackrock holds 0.19% of its portfolio in salesforce.com, inc. The company has market cap of $95.54 million. 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 722.59 P/E ratio.

Big Money Sentiment decreased to 1.19 in Q4 2017. Its down 0.15, from 1.34 in 2017Q3.

On Wednesday, April 11th, Marc Benioff sold 5,000 shares of Salesforce.com stock. Ci Invs Incorporated reported 75,840 shares. Kistler reported 0% of its portfolio in salesforce.com, inc. The fund owned 3,169 shares of the CRM provider's stock after selling 170 shares during the period. Now it had 342,874 shares held by the hedge fund run by Matthew Tewksbury. (NYSE:CRM). Mckinley Capital Management Limited Liability Corp Delaware has invested 1.34% in salesforce.com, inc. (NYSE:CRM) or 290 shares. 2,778 were accumulated by Hwg Lp. Thompson Siegel & Walmsley Limited Liability invested in 0% or 56 shares. Picton Mahoney Asset Management who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $91.22B market cap company. (NYSE:CRM). Gateway Investment Advisers Llc stated it has 0.11% of its portfolio in salesforce.com, inc. Paradigm Mngmt Ny stated it has 13,500 shares. Ally Financial accumulated 0.95% or 28,000 shares. Jane Street Grp Limited Liability Co owns 40,791 shares. Ontario Teachers Pension Plan Board has 22,454 shs for 0.03% of their capital. $2.83 million worth of stock was sold by Cox Christopher K on Thursday, December 7. The insider Harris Parker sold 530 shares worth $61,411. (NYSE:CRM) for 230 shares. 1,400 shares were sold by Weaver Amy E, worth $169,260 on Thursday, March 1. The insider Hawkins Mark J sold $863,251. The institutional investors in our database now own: 2.50 million shares, up from 2.48 million shares in 2017Q3. It also reduced its holding in Paccar Inc.

Investors sentiment increased to 1.31 in Q4 2017. The ratio dived due to CRM positioning: 39 sold and 274 reduced. 107 funds opened positions while 281 raised stakes. Baillie Gifford & holds 0.73% or 5.77 million shs. Advantus Management has 44,483 shares for 0.21% of their portfolio. Bridgewater LP holds 0.03% in salesforce.com, inc. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, March 1. Commonwealth Of Pennsylvania School Empls Retrmt Systems accumulated 38,707 shares or 0.1% of the stock. Commercial Bank Of Nova Scotia has invested 0.06% in Netflix, Inc. (NASDAQ:NFLX). Cetera Advsrs Limited reported 0.15% stake. 405,762 are owned by Fisher Asset Ltd Liability Corp. Moreover, National Mutual Insur Federation Of Agricultural Cooperatives has 0.04% invested in Netflix, Inc. (NASDAQ:NFLX) for 11,600 shares. Peoples Service reported 62 shares. Commonwealth Comml Bank Of reported 0% of its portfolio in Facebook, Inc. Salesforce.com had a net margin of 1.22% and a return on equity of 3.86%. (NASDAQ:NFLX). Lucas Capital Mngmt has invested 0.2% in Netflix, Inc.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER