In a filing, Salesforce Inc revealed its Officer AMY WEAVER acquired Company’s shares for reported $1.73 million on Mar 17 ’25. In the deal valued at $277.37 per share,6,221 shares were bought.
Then, Weaver Amy E sold 6,221 shares, generating $1,872,521 in total proceeds. Upon selling the shares at $301.00, the President and CFO now owns 46,750 shares.
Before that, Washington Robin L bought 1,695 shares. Salesforce Inc shares valued at $499,355 were divested by the Director at a price of $294.61 per share. As a result of the transaction, Washington Robin L now holds 43,445 shares, worth roughly $12.2 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 jump 0.48% to $280.75. Over the last five days, the stock has gained 2.88%. Salesforce Inc shares have fallen nearly -16.03% since the year began. Nevertheless, the stocks have fallen -7.85% 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 03/13/25. SMA at 50 days reached $317.44, while 200 days put it at $289.85.
Levels Of Support And Resistance For CRM Stock
The 24-hour chart illustrates a support level at 276.98, which if violated will result in even more drops to 273.20. On the upside, there is a resistance level at 283.63. A further resistance level may holdings at 286.50. The Relative Strength Index (RSI) on the 14-day chart is 37.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.97%. Stochastics %K at 17.17% indicates the stock is a buying.
How much short interest is there in Salesforce Inc?
A steep rise in short interest was recorded in Salesforce Inc stocks on 2025-02-28, dropping by -0.13 million shares to a total of 9.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.77 million shares. There was a decline of -1.31%, which implies that there is a negative sentiment for the stock.
