Inside Trading: Marc Benioff Sold 5,000 Shares of Salesforce.com, inc. (CRM); EUTELSAT COMMUNICATI (EUTLF) Shorts Down By 0.13%

A public form filed with the Security and Exchange Commission on January 29, 2018 revealed that Marc Benioff, the Chairman of the Board and CEO of Salesforce Com Inc, ‘s company sold 5,000 shares. With average cost per share of $113.6 the significant transaction’s value is $568,083 USD. In the last 30 days, he also unloaded 90,000 shares worth about $9,884,195 USD. Currently, Marc Benioff owns 33.47 million shares which make up around 4.63% of the Company’s market cap (share price times the number of shares outstanding).

EUTELSAT COMMUNICATI (OTCMKTS:EUTLF) had a decrease of 0.13% in short interest. EUTLF’s SI was 2.03 million shares in January as released by FINRA. Its down 0.13% from 2.04M shares previously. With 700 avg volume, 2905 days are for EUTELSAT COMMUNICATI (OTCMKTS:EUTLF)’s short sellers to cover EUTLF’s short positions. It closed at $21.96 lastly. It is down 0.00% since January 30, 2017 and is . It has underperformed by 16.70% the S&P500.

Eutelsat Communications S.A., a private telecommunications satellite operator, engages in the design, establishment, operation, and maintenance of satellite telecommunications systems in France, Italy, the United Kingdom, other European countries, the Americas, the Middle-East, Africa, Asia, and internationally. The company has market cap of $4.80 billion. The firm offers broadcast and media services, such as broadcasting services, including video neighborhoods, dual reception, regional broadcasting, digital terrestrial television, and direct-to-home services; high definition television and ultra-high definition services; smart services comprising connected television (TV), multiscreen delivery, and electronic program guide; and professional video services consisting of full-time or ad hoc capacity and services for broadcasting to homes equipped for DTH reception or connected to cable and IP networks. It has a 11.91 P/E ratio. It also provides broadband services, such as consumer and SOHO, and enterprise broadband services; corporate and carrier networks; mobility services for maritime and air access; and direct interconnection services for government.

The stock decreased 0.35% or $0.4 during the last trading session, reaching $113.3. About 3.18M shares traded. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since January 30, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $81.84 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 9441.67 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 worsened, 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. Azimuth Cap Mngmt Limited Liability Co reported 115,857 shares. Aureus Asset Management Ltd Com has invested 2.06% in Salesforce.com, inc. (NYSE:CRM). Provise Mngmt Gru Limited Com reported 5,335 shares. Advisory Service Net Ltd Liability invested 0.21% of its portfolio in Salesforce.com, inc. (NYSE:CRM). 3,572 are owned by Thompson Davis And. Primecap Ca invested 0.05% in Salesforce.com, inc. (NYSE:CRM). Macquarie Gru reported 345,407 shares stake. Horizon Kinetics Ltd Liability Company owns 4,136 shares. Thompson Siegel & Walmsley Limited Liability Company has invested 0% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Tybourne Capital Mngmt Hk Ltd owns 3.40 million shares. Waverton Inv Mngmt Limited has 1.97% invested in Salesforce.com, inc. (NYSE:CRM) for 338,862 shares. Deltec Asset Mngmt Limited Company reported 33,500 shares. Invesco Ltd has 3.62M shares. Vigilant Cap Limited Company, a Maine-based fund reported 176 shares. Cornerstone Cap Management Holding Llc holds 117,208 shares.

Since August 2, 2017, it had 1 insider buy, and 93 insider sales for $70.46 million activity. On Wednesday, January 24 Benioff Marc sold $565,458 worth of Salesforce.com, inc. (NYSE:CRM) or 5,000 shares. Harris Parker sold $770,698 worth of stock. Robbins Cynthia G. also sold $61,774 worth of Salesforce.com, inc. (NYSE:CRM) on Monday, January 22. 83 shares valued at $7,762 were sold by Weaver Amy E on Tuesday, August 22. On Tuesday, September 26 Hawkins Mark J sold $803,047 worth of Salesforce.com, inc. (NYSE:CRM) or 8,625 shares. Another trade for 129 shares valued at $14,051 was sold by Roos John Victor. 7,641 shares were sold by BLOCK KEITH, worth $721,264 on Thursday, September 21.

Analysts await Salesforce.com, inc. (NYSE:CRM) to report earnings on February, 27. They expect $0.11 EPS, up 450.00% or $0.09 from last year’s $0.02 per share. CRM’s profit will be $79.45 million for 257.50 P/E if the $0.11 EPS becomes a reality. After $0.15 actual EPS 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 -6.05% below currents $113.3 stock price. Salesforce.com had 197 analyst reports since August 21, 2015 according to SRatingsIntel. Suntrust Robinson maintained Salesforce.com, inc. (NYSE:CRM) on Thursday, November 23 with “Buy” rating. Jefferies maintained the shares of CRM in report on Tuesday, May 23 with “Hold” rating. As per Tuesday, November 21, the company rating was maintained by Canaccord Genuity. The stock of Salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Wednesday, August 23 by Canaccord Genuity. As per Friday, October 27, the company rating was maintained by Jefferies. The company was downgraded on Monday, August 15 by OTR Global. As per Thursday, May 19, the company rating was maintained by FBN Securities. The rating was maintained by Wedbush on Tuesday, August 25 with “Hold”. The firm has “Outperform” rating by Wedbush given on Friday, November 18. The stock has “Buy” rating by Mizuho on Thursday, September 1.

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