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Salesforce Inc [CRM] Records 200-Day SMA of $290.42

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The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Salesforce Inc shares valued at $1,725,519 were sold by Weaver Amy E on Mar 17 ’25. At $277.37 per share, Weaver Amy E sold 6,221 shares. The insider’s holdings dropped to 46,750 shares worth approximately $13.04 million following the completion of this transaction.

Also, AMY WEAVER purchased 6,221 shares, netting a total of over 1,725,519 in proceeds.

Before that, Weaver Amy E had sold 6,221 shares from its account. In a trade valued at $1,872,521, the President and CFO traded Salesforce Inc shares for $301.00 each. Upon closing the transaction, the insider’s holdings decreased to 6,221 shares, worth approximately $13.04 million.

As published in their initiating research note from Stephens on March 19, 2025, Salesforce Inc [CRM] has been an Equal-weight and the price target has been revised to $311. Analysts at BMO Capital Markets resumed the stock at ‘”an Outperform”‘ outlook in a report released in late February. As of February 19, 2025, Redburn Atlantic has initiated its “Buy” rating for CRM. Earlier on January 17, 2025, TD Cowen upgraded its rating. Their new recommendation was “a Buy” for CRM stock which previously was a “a Hold”.

Analyzing CRM Stock Performance

During the last five days, there has been a surge of approximately 2.68%. Over the course of the year, Salesforce Inc shares have dropped approximately -16.54%. Shares of the company reached a 52-week high of $367.09 on 01/28/25 and a 52-week low of $269.75 on 03/13/25. A 50-day SMA is recorded $314.31, while a 200-day SMA reached $290.42.

Support And Resistance Levels for Salesforce Inc (CRM)

According to the 24-hour chart, there is a support level at 276.43, which, if violated, would cause prices to drop to 273.84. In the upper region, resistance lies at 282.25. The next price resistance is at 285.48. RSI (Relative Strength Index) is 36.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.73, which suggests the price will decrease in the coming days. Percent R is at 72.15%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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