The Insider Marc Benioff Unloaded 5000 shares of Salesforce.com, inc. (CRM); First Fiduciary Investment Counsel Trimmed Its 3M Company (MMM) Position

First Fiduciary Investment Counsel Inc decreased 3M Company (MMM) stake by 1.68% reported in 2017Q3 SEC filing. First Fiduciary Investment Counsel Inc sold 1,565 shares as 3M Company (MMM)’s stock rose 7.02%. The First Fiduciary Investment Counsel Inc holds 91,815 shares with $19.27M value, down from 93,380 last quarter. 3M Company now has $147.53 billion valuation. The stock increased 0.56% or $1.38 during the last trading session, reaching $247.69. About 3.47 million shares traded or 77.03% up from the average. 3M Company (NYSE:MMM) has risen 18.59% since January 25, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Salesforce Com Inc’s Chairman of the Board and CEO, Marc Benioff, unloaded 5,000 shares of stock in the ‘s company. The documented cost for each share was $113.1, for full deal worth of $565,458 U.S Dollars. He also sold 75,000 shares worth approximately $8,188,376 USD in the last 30 days. This large trade will probably draw attention, as he presently has rights to 4.64% of the market cap of Salesforce Com Inc. A report documented published January 24, 2018 with the DC-based SEC, revealed here, shows additional information about the trade.

The stock decreased 0.34% or $0.39 during the last trading session, reaching $112.85. About 4.98 million shares traded or 11.80% up from the average. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since January 25, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Analysts await Salesforce.com, inc. (NYSE:CRM) to report earnings on February, 27. They expect $0.11 earnings per share, up 450.00% or $0.09 from last year’s $0.02 per share. CRM’s profit will be $79.45M for 256.48 P/E if the $0.11 EPS becomes a reality. After $0.15 actual earnings per share reported by Salesforce.com, inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

Among 51 analysts covering Salesforce.com (NYSE:CRM), 44 have Buy rating, 1 Sell and 6 Hold. Therefore 86% are positive. Salesforce.com has $135 highest and $18 lowest target. $106.44’s average target is -5.68% below currents $112.85 stock price. Salesforce.com had 197 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 19. Wedbush maintained the shares of CRM in report on Friday, August 28 with “Hold” rating. The company was maintained on Thursday, November 23 by Canaccord Genuity. The firm earned “Buy” rating on Sunday, July 30 by RBC Capital Markets. BMO Capital Markets maintained the shares of CRM in report on Thursday, March 23 with “Buy” rating. The stock of Salesforce.com, inc. (NYSE:CRM) has “Overweight” rating given on Thursday, September 1 by Barclays Capital. Citigroup maintained Salesforce.com, inc. (NYSE:CRM) on Wednesday, July 20 with “Buy” rating. The stock has “Buy” rating by Benchmark on Monday, May 15. The stock has “Outperform” rating by Wedbush on Friday, November 18. The stock of Salesforce.com, inc. (NYSE:CRM) has “Neutral” rating given on Saturday, August 22 by DA Davidson.

Since August 2, 2017, it had 1 buy, and 90 sales for $70.37 million activity. The insider Conway Craig sold 250 shares worth $24,250. Robbins Cynthia G. sold $179,197 worth of stock. Weaver Amy E had sold 521 shares worth $59,054 on Monday, January 22. $1.00 million worth of Salesforce.com, inc. (NYSE:CRM) was sold by BLOCK KEITH. 191 Salesforce.com, inc. (NYSE:CRM) shares with value of $17,897 were sold by Allanson Joe. 129 Salesforce.com, inc. (NYSE:CRM) shares with value of $13,442 were sold by Roos John Victor. Harris Parker sold $201,650 worth of Salesforce.com, inc. (NYSE:CRM) on Tuesday, January 9.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $81.51 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 9404.17 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.

Investors sentiment decreased to 1.34 in 2017 Q3. Its down 0.04, from 1.38 in 2017Q2. It fall, as 40 investors sold Salesforce.com, inc. shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. Lansdowne Prns (Uk) Limited Liability Partnership holds 0.11% or 110,377 shares in its portfolio. Jennison Ltd holds 18.29 million shares. Commerzbank Aktiengesellschaft Fi reported 0.24% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Sumitomo Mitsui Asset Comm Limited stated it has 1.76 million shares or 2.57% of all its holdings. Goldman Sachs Group Inc Inc Inc invested in 4.15 million shares. Citizens Northern, Pennsylvania-based fund reported 14,746 shares. Tiaa Cref Management Ltd Liability has invested 0.59% in Salesforce.com, inc. (NYSE:CRM). Oak Ridge Ltd invested in 102,181 shares or 0.39% of the stock. Dearborn Ptnrs Ltd Com holds 0.04% or 6,524 shares. Alpha Cubed Investments Limited Liability Co has invested 0.09% in Salesforce.com, inc. (NYSE:CRM). Clearbridge Limited Liability Company holds 0% or 840 shares in its portfolio. Stratos Wealth Prtn stated it has 4,662 shares. Hartford Financial Mngmt reported 0.03% stake. Engineers Gate Manager Limited Partnership invested in 18,454 shares. Oppenheimer And stated it has 39,391 shares or 0.1% of all its holdings.

Since August 11, 2017, it had 0 insider purchases, and 8 sales for $5.40 million activity. The insider Fong Ivan K sold 2,348 shares worth $547,377. Another trade for 1,500 shares valued at $351,708 was made by Little Frank R Jr. on Friday, October 27. Shares for $92,023 were sold by Lindekugel Jon T on Tuesday, October 31. $1.59 million worth of 3M Company (NYSE:MMM) was sold by THULIN INGE G. Keel Paul A had sold 4,965 shares worth $1.02M on Friday, August 11. 4,004 3M Company (NYSE:MMM) shares with value of $936,291 were sold by Gangestad Nicholas C. Hammes Eric D. had sold 1,428 shares worth $295,106 on Thursday, August 17.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 6 Hold. Therefore 44% are positive. 3M had 74 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Argus Research on Wednesday, October 25 with “Buy”. The rating was maintained by RBC Capital Markets on Tuesday, July 25 with “Hold”. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 11. The stock has “Underperform” rating by RBC Capital Markets on Tuesday, August 4. The firm has “Buy” rating given on Wednesday, October 25 by Bank of America. The stock of 3M Company (NYSE:MMM) earned “Underperform” rating by RBC Capital Markets on Friday, October 23. RBC Capital Markets maintained it with “Underperform” rating and $136 target in Wednesday, December 16 report. The firm earned “Hold” rating on Wednesday, April 26 by Stifel Nicolaus. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, March 15 report. The rating was upgraded by Credit Suisse on Friday, September 25 to “Outperform”.