Salesforce Inc’s recent filing unveils that its Pres. & Chief Product Officer SCHMAIER R DAVID unloaded Company’s shares for reported $0.61 million on Dec 26 ’24. In the deal valued at $344.00 per share,1,785 shares were sold. As a result of this transaction, SCHMAIER R DAVID now holds 19,116 shares worth roughly $6.47 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Millham Brian sold 1,662 shares, generating $570,066 in total proceeds. Upon selling the shares at $343.00, the President and COO now owns 0 shares.
Before that, Weaver Amy E sold 6,221 shares. Salesforce Inc shares valued at $2,133,803 were divested by the President and CFO at a price of $343.00 per share. As a result of the transaction, Weaver Amy E now holds 53,861 shares, worth roughly $18.23 million.
KeyBanc Capital Markets upgraded its Salesforce Inc [CRM] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. BMO Capital Markets also remained covering CRM and reiterated its “an Outperform” recommendation on December 04, 2024. Scotiabank started covering the stock on November 19, 2024. It rated CRM as “a Sector outperform”.
Price Performance Review of CRM
On Friday, Salesforce Inc [NYSE:CRM] saw its stock fall -0.96% to $338.45. Over the last five days, the stock has gained 0.66%. Salesforce Inc shares have risen nearly 28.62% since the year began. Nevertheless, the stocks have risen 26.89% over the past one year. While a 52-week high of $369.00 was reached on 12/04/24, a 52-week low of $212.00 was recorded on 05/30/24. SMA at 50 days reached $326.45, while 200 days put it at $281.71.
Levels Of Support And Resistance For CRM Stock
The 24-hour chart illustrates a support level at 335.06, which if violated will result in even more drops to 331.66. On the upside, there is a resistance level at 342.06. A further resistance level may holdings at 345.66. The Relative Strength Index (RSI) on the 14-day chart is 48.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.28%. Stochastics %K at 29.34% indicates the stock is a holding.
How much short interest is there in Salesforce Inc?
A steep rise in short interest was recorded in Salesforce Inc stocks on 2024-11-15, growing by 0.37 million shares to a total of 13.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 13.14 million shares. There was a rise of 2.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 15, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $385.
