Salesforce.com, inc. (CRM)’s Chairman of the Board and CEO Marc Benioff Sold 5000 shares of the Company; Shorts at IP GROUP PLC (IPZYF) Raised By 3.07%

Marc Benioff, the Chairman of the Board and CEO of Salesforce Com Inc made a sudden transaction for 5,000 shares with the average stock price of $107.1 in the Pinksheet-listed company, that are worth $535,657 US Dollars. In the last month, he also sold 100,000 shares that are worth about $11,108,802 USD. The regulatory filing shows that Marc Benioff now has roughly 4.63% of the California-based company’s market cap

IP GROUP PLC (OTCMKTS:IPZYF) had an increase of 3.07% in short interest. IPZYF’s SI was 3.01 million shares in February as released by FINRA. Its up 3.07% from 2.92M shares previously. With 100 avg volume, 30113 days are for IP GROUP PLC (OTCMKTS:IPZYF)’s short sellers to cover IPZYF’s short positions. It closed at $1.8906 lastly. It is down 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock decreased 0.79% or $0.86 during the last trading session, reaching $107.69. About 7.54 million shares traded or 64.25% up from the average. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 14, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

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 -1.16% below currents $107.69 stock price. Salesforce.com had 198 analyst reports since August 21, 2015 according to SRatingsIntel. Wedbush maintained the shares of CRM in report on Wednesday, March 1 with “Outperform” rating. The stock of Salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Benchmark on Monday, May 15. The rating was maintained by JMP Securities with “Market Outperform” on Thursday, May 19. On Tuesday, February 9 the stock rating was upgraded by Jefferies to “Hold”. Wedbush maintained the shares of CRM in report on Thursday, September 1 with “Outperform” rating. The stock of Salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by BMO Capital Markets on Thursday, March 23. As per Tuesday, October 18, the company rating was initiated by Rosenblatt. BMO Capital Markets maintained the shares of CRM in report on Friday, November 3 with “Outperform” rating. S&P Research maintained the shares of CRM in report on Monday, August 24 with “Buy” rating. Canaccord Genuity maintained the shares of CRM in report on Thursday, May 19 with “Buy” rating.

Since August 15, 2017, it had 1 insider purchase, and 100 sales for $74.37 million activity. 490 Salesforce.com, inc. (NYSE:CRM) shares with value of $45,824 were sold by Hawkins Mark J. Harris Parker also sold $743,264 worth of Salesforce.com, inc. (NYSE:CRM) shares. The insider BLOCK KEITH sold 10,000 shares worth $1.00 million. Benioff Marc also sold $569,630 worth of Salesforce.com, inc. (NYSE:CRM) on Wednesday, January 31. 245 shares valued at $22,912 were sold by Martinez Maria on Tuesday, August 22. Weaver Amy E sold $7,762 worth of stock or 83 shares. Another trade for 1,548 shares valued at $161,971 was sold by Conway Craig.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $77.78 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 8974.17 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 Q3 2017. Its down 0.04, from 1.38 in 2017Q2. It turned negative, 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. Winslow Evans And Crocker has invested 0.11% in Salesforce.com, inc. (NYSE:CRM). Utah Retirement has 0.26% invested in Salesforce.com, inc. (NYSE:CRM). Iowa Fincl Bank holds 2.23% or 50,667 shares. Atalanta Sosnoff Limited Com reported 356,889 shares or 1.15% of all its holdings. Tiaa Cref Investment Lc holds 9.22M shares. Atria Invs Ltd Company, North Carolina-based fund reported 8,940 shares. Aqr Capital Management Ltd accumulated 0.01% or 76,624 shares. Jennison Associates Ltd Liability reported 1.75% in Salesforce.com, inc. (NYSE:CRM). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.25% in Salesforce.com, inc. (NYSE:CRM) or 286,241 shares. Willingdon Wealth Mngmt owns 27,088 shares or 0.92% of their US portfolio. Cwm Lc reported 0% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Amp Capital Ltd has 0.1% invested in Salesforce.com, inc. (NYSE:CRM). Fic Cap has 0.29% invested in Salesforce.com, inc. (NYSE:CRM) for 8,030 shares. Raymond James Tru Na stated it has 7,366 shares or 0.05% of all its holdings. 3.42M were accumulated by Franklin Res Incorporated.

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 $79.45 million for 244.75 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.

IP Group Plc is a private equity and venture capital firm specializing in seed, early stage, start-up, incubation, and mature financing. The company has market cap of $1.63 billion. The firm also provides seed capital financing to spin out companies from the universities. It has a 23.06 P/E ratio. It seeks to invest in the life sciences, physical sciences, energy & renewables, medical equipment and supplies, healthcare, technology, cleantech, intellectual property, pharmaceuticals & biotechnology, information technology & communications, and chemicals & materials.