Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Salesforce Inc shares valued at $223,555 were sold by Niles Sabastian on Feb 25 ’25. At $306.24 per share, Niles Sabastian sold 730 shares. The insider’s holdings dropped to 1,254 shares worth approximately $0.39 million following the completion of this transaction.
Also, Tallapragada Srinivas sold 4,447 shares, netting a total of over 1,390,710 in proceeds. Following the sale of shares at $312.73 each, the insider now holds 26,907 shares.
Before that, SABASTIAN NILES had added 730 shares to its account. In a trade valued at $223,555, the Officer bought Salesforce Inc shares for $306.24 each.
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 -5.30%. Over the course of the year, Salesforce Inc shares have dropped approximately -8.08%. Shares of the company reached a 52-week high of $367.09 on 01/28/25 and a 52-week low of $300.62 on 02/25/25. A 50-day SMA is recorded $332.94, while a 200-day SMA reached $289.55. Nevertheless, trading volume fell to 12.23 million shares from 7.36 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 304.62, which, if violated, would cause prices to drop to 301.91. In the upper region, resistance lies at 311.87. The next price resistance is at 316.41. RSI (Relative Strength Index) is 33.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.82, which suggests the price will decrease in the coming days. Percent R is at 81.79%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
