Salesforce Inc’s recent filing unveils that its Chief Eng/Cust Success Officer Tallapragada Srinivas unloaded Company’s shares for reported $1.98 million on May 14 ’25. In the deal valued at $295.00 per share,6,697 shares were sold. As a result of this transaction, Tallapragada Srinivas now holds 41,422 shares worth roughly $12.06 million.
Then, SRINIVAS TALLAPRAGADA bought 6,697 shares, generating $1,975,615 in total proceeds.
Before that, Reddy Sundeep G. sold 500 shares. Salesforce Inc shares valued at $137,500 were divested by the EVP & Chief Accounting Officer at a price of $275.00 per share. As a result of the transaction, Reddy Sundeep G. now holds 11,711 shares, worth roughly $3.41 million.
DA Davidson downgraded its Salesforce Inc [CRM] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid March with a ‘”an Equal-weight”‘ rating. BMO Capital Markets also remained covering CRM and reiterated its “an Outperform” recommendation on February 27, 2025. Redburn Atlantic started covering the stock on February 19, 2025. It rated CRM as “a Buy”.
Price Performance Review of CRM
On Friday, Salesforce Inc [NYSE:CRM] saw its stock jump 0.13% to $291.15. Over the last five days, the stock has gained 5.71%. Salesforce Inc shares have fallen nearly -12.92% since the year began. Nevertheless, the stocks have risen 5.18% 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 04/07/25. SMA at 50 days reached $269.72, while 200 days put it at $294.36.
Levels Of Support And Resistance For CRM Stock
The 24-hour chart illustrates a support level at 289.86, which if violated will result in even more drops to 288.56. On the upside, there is a resistance level at 292.31. A further resistance level may holdings at 293.46. The Relative Strength Index (RSI) on the 14-day chart is 66.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.83%. Stochastics %K at 84.37% indicates the stock is a selling.
