Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Salesforce Inc shares valued at $2,041,608 were sold by Weaver Amy E on Feb 18 ’25. At $328.18 per share, Weaver Amy E sold 6,221 shares. The insider’s holdings dropped to 46,750 shares worth approximately $14.89 million following the completion of this transaction.
Also, AMY WEAVER purchased 6,221 shares, netting a total of over 2,041,608 in proceeds.
Before that, Reddy Sundeep G. had sold 500 shares from its account. In a trade valued at $167,970, the EVP & Chief Accounting Officer traded Salesforce Inc shares for $335.94 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $2.09 million.
As published in their initiating research note from Redburn Atlantic on February 19, 2025, Salesforce Inc [CRM] has been a Buy. Analysts at TD Cowen upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of January 06, 2025, Guggenheim has decreased its “Neutral” rating to a “Sell” for CRM. Earlier on December 13, 2024, KeyBanc Capital Markets upgraded its rating. Their new recommendation was “an Overweight” for CRM stock which previously was a “a Sector weight”.
Analyzing CRM Stock Performance
During the last five days, there has been a drop of approximately -2.36%. Over the course of the year, Salesforce Inc shares have dropped approximately -4.76%. Shares of the company reached a 52-week high of $367.09 on 01/28/25 and a 52-week low of $313.80 on 01/13/25. A 50-day SMA is recorded $336.66, while a 200-day SMA reached $288.92. Nevertheless, trading volume fell to 6.38 million shares from 5.01 million shares the previous day.
Support And Resistance Levels for Salesforce Inc (CRM)
According to the 24-hour chart, there is a support level at 316.28, which, if violated, would cause prices to drop to 314.12. In the upper region, resistance lies at 322.52. The next price resistance is at 326.60. RSI (Relative Strength Index) is 39.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.15, which suggests the price will decrease in the coming days. Percent R is at 95.51%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
