Stevens Capital Management LP Decreased Salesforce Com INC (CRM) Stake as Shares Rose

June 27, 2018 - By Catherine Smith

salesforce.com, inc. (NYSE:CRM) Corporate LogoBig Money Sentiment increased to 1.44 in 2018 Q1. It has change of 0.25, from 2017Q4’s 1.19. The ratio improved due to CRM positioning: 48 sold and 254 reduced. 132 funds took positions and 304 increased positions. Investors holded 608.21 million in 2017Q4 but now own 608.53 million shares or 0.05% more. Daiwa Securities Inc reported 92,933 shs or 0.09% of all its holdings. Trust Communication Of Toledo Na Oh invested in 0.26% or 8,317 shs. Parametric Associate holds 0.21% or 1.86M shs in its capital. S&Co Inc holds 4,500 shs or 0.07% of its capital. Appleton Prtn Ma accumulated 2,067 shs or 0.04% of the stock. Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in salesforce.com, inc. (NYSE:CRM). Dearborn Ptnrs Ltd Liability, a Illinois-based fund reported 6,324 shs. Crosslink Capital stated it has 176,274 shs. Webster National Bank N A reported 27,510 shs or 0.46% of all its holdings. Liberty Mutual Gp Asset Mgmt reported 27,212 shs. West Oak Capital Lc has invested 0% in salesforce.com, inc. (NYSE:CRM). Axa invested in 1.14M shs. Arcadia Invest Mi stated it has 0% of its capital in salesforce.com, inc. (NYSE:CRM). Eqis Capital Management holds 3,300 shs. Cibc Natl Bank Usa invested 0.04% of its capital in salesforce.com, inc. (NYSE:CRM).

CRM had 226 insider sales and 6 insider purchases since January 3, 2018. This’s net activity of $172.61 million. On Tuesday, May 15 250 shs were sold by Conway Craig, worth $31,733. On Monday, January 22 the insider Robbins Cynthia G. sold $61,774. On Tuesday, February 20 Benioff Marc sold $570,678 worth of salesforce.com, inc. (NYSE:CRM) or 5,000 shs. Wojcicki Susan had bought 6,000 shs worth $742,854 on Wednesday, April 18. The insider Harris Parker sold 530 shs worth $61,411. Shares for $16,974 were sold by Roos John Victor.

Based on the latest 2018Q1 regulatory filing with the SEC, Matthew Tewksbury decreased its holdings in Salesforce Com Inc (CRM) by 44.56%. By selling 152,789 shares Stevens Capital Management Lp made the stock popped up with 9.70%. At the end of 2018Q1, the hedge fund run by Matthew Tewksbury held 190,085 shares of the prepackaged software company, valued at $22.11 million, down from 342,874 at the end of the previous reported quarter. $100.73 billion is Salesforce Com Inc’s market cap. CRM is touching $135.59 during the last trading session, after increased 0.08%.Currently salesforce.com, inc. is uptrending after 40.20% change in last June 27, 2017. CRM has 1.99M shares volume. The stock outperformed the S&P 500 by 27.63%.

Stevens Capital Management Lp operates about $6.88B and $2.64 billion US Long portfolio. According to a filing the fund upped its stake in Ulta Beauty Inc (NASDAQ:ULTA) by 25,306 shares to 33,463 shares, valued at $6.84M in 2018Q1. Stevens Capital Management Lp has risen its stake in Tractor Supply Co (NASDAQ:TSCO) and also increased its holding in Constellation Brands Inc (NYSE:STZ) by 78,321 shares in the quarter, for a total of 140,252 shares.

On August, 28 WallStreet awaited salesforce.com, inc. (NYSE:CRM)’s earnings report, as reported by RTT. Analysts have anticipation on stock’s earnings per share of $0.12. That’s up 33.33 % from last year’s $0.09 earnings per share. If CRM’s EPS is $0.12 the profit will reach $89.15 million for 282.48 P/E. After $0.52 earnings per share was published previous quarter, analysts now see negative EPS growth of -76.92 % for salesforce.com, inc..

For more salesforce.com, inc. (NYSE:CRM) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Finance.Yahoo.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Box: Increasing Switching Costs Will Be Key” announced on June 26, 2018, “Salesforce: Just A Wealth Of Superlatives” on June 01, 2018, “Salesforce.com Is Winning Big With Its Recent Investments” with a publish date: June 20, 2018, “Salesforce.com: A Screaming Sell” and the last “Salesforce.com: Is It Too Late?” with publication date: June 19, 2018.

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

Total analysts of 31 have positions in Salesforce.com (NYSE:CRM) as follows: 29 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 94%. Since January 10, 2018 according to StockzIntelligence Inc Salesforce.com has 54 analyst reports. On Thursday, March 1 the rating was maintained by Cowen & Co with “Outperform”. On Wednesday, May 30 the rating was maintained by Canaccord Genuity with “Buy”. On Friday, May 4 the firm earned “Outperform” rating by Credit Suisse. In Wednesday, May 30 report Robert W. Baird maintained it with “Outperform” rating and $150 target. On Wednesday, January 10 the rating was maintained by Guggenheim with “Buy”. On Wednesday, March 21 the stock has “Buy” rating by Stifel Nicolaus. On Sunday, May 20 the firm earned “Buy” rating by Bank of America. The stock rating was maintained by BMO Capital Markets with “Outperform” on Thursday, March 1. On Thursday, March 1 the company was maintained by KeyBanc Capital Markets. On Wednesday, May 30 the stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given by Wells Fargo.

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

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