Salesforce Inc’s recent filing unveils that its President and CLO Niles Sabastian unloaded Company’s shares for reported $0.15 million on May 27 ’25. In the deal valued at $272.75 per share,547 shares were sold. As a result of this transaction, Niles Sabastian now holds 1,948 shares worth roughly $0.51 million.
Then, SABASTIAN NILES bought 547 shares, generating $149,194 in total proceeds.
Before that, Niles Sabastian sold 933 shares. Salesforce Inc shares valued at $260,714 were divested by the President and CLO at a price of $279.44 per share. As a result of the transaction, Niles Sabastian now holds 2,495 shares, worth roughly $0.65 million.
RBC Capital Mkts downgraded its Salesforce Inc [CRM] rating to a Sector perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in late May has reiterated a ‘”an Outperform”‘ rating for it. DA Davidson also remained covering CRM and has decreased its forecast on April 21, 2025 with a “an Underperform” recommendation from previously “Neutral” rating. Stephens started covering the stock on March 19, 2025. It rated CRM as “an Equal-weight”.
Price Performance Review of CRM
On Monday, Salesforce Inc [NYSE:CRM] saw its stock fall -1.41% to $261.62. Over the last five days, the stock has lost -4.21%. Salesforce Inc shares have fallen nearly -21.75% since the year began. Nevertheless, the stocks have fallen -3.68% over the past one year. While a 52-week high of $369.00 was reached on 01/28/25, a 52-week low of $216.06 was recorded on 04/07/25. SMA at 50 days reached $269.22, while 200 days put it at $295.76.
Levels Of Support And Resistance For CRM Stock
The 24-hour chart illustrates a support level at 259.24, which if violated will result in even more drops to 256.87. On the upside, there is a resistance level at 263.89. A further resistance level may holdings at 266.17. The Relative Strength Index (RSI) on the 14-day chart is 37.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.86%. Stochastics %K at 24.40% indicates the stock is a holding.
The most recent change occurred on February 27, 2025 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $367.
