Salesforce Inc’s recent filing unveils that its Director Washington Robin L acquired Company’s shares for reported $0.5 million on Feb 28 ’25. In the deal valued at $294.61 per share,1,695 shares were bought. As a result of this transaction, Washington Robin L now holds 43,445 shares worth roughly $12.73 million.
Then, AMY WEAVER bought 6,221 shares, generating $1,872,521 in total proceeds.
Before that, Niles Sabastian sold 730 shares. Salesforce Inc shares valued at $223,555 were divested by the President and CLO at a price of $306.24 per share. As a result of the transaction, Niles Sabastian now holds 1,254 shares, worth roughly $0.37 million.
BMO Capital Markets reiterated its Salesforce Inc [CRM] rating to an Outperform in a research note published on February 27, 2025; the price target was $367. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. TD Cowen also remained covering CRM and has increased its forecast on January 17, 2025 with a “Buy” recommendation from previously “Hold” rating. Guggenheim revised its rating on January 06, 2025. It rated CRM as “a Sell” which previously was an “a Neutral”.
Price Performance Review of CRM
On Monday, Salesforce Inc [NYSE:CRM] saw its stock fall -1.61% to $293.06. Over the last five days, the stock has lost -4.95%. Salesforce Inc shares have fallen nearly -12.34% since the year began. Nevertheless, the stocks have fallen -2.24% over the past one year. While a 52-week high of $369.00 was reached on 01/28/25, a 52-week low of $212.00 was recorded on 03/03/25. SMA at 50 days reached $329.26, while 200 days put it at $289.83.
Levels Of Support And Resistance For CRM Stock
The 24-hour chart illustrates a support level at 288.39, which if violated will result in even more drops to 283.72. On the upside, there is a resistance level at 300.40. A further resistance level may holdings at 307.74. The Relative Strength Index (RSI) on the 14-day chart is 28.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -18.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.91%. Stochastics %K at 8.30% indicates the stock is a buying.
