This Is Too Hot For Salesforce Inc (NYSE: CRM), Let’s Take A Closer Look

After Hours

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Stocks Info

As a NYSE listed company, CRM falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $278.97 and fluctuated between $279.94 as its day high and $275.73 as its day low. The current market capitalization of Salesforce Inc is $270.68B. A total of 3.03 million shares were traded on the day, compared to an average of 5.66M shares.

In the most recent transaction, Benioff Marc sold 15,000 shares of CRM for 277.28 per share on May 07 ’24. After the transaction, the Chair and CEO now owns 12,647,327 company shares. In a previous transaction on May 07 ’24, Harris Parker sold 4,200 shares at 277.22 per share. CRM shares that Co-Founder and CTO, Slack owns now total 115,762.

Among the insiders who sold shares, Benioff Marc disposed of 15,000 shares on May 06 ’24 at a per-share price of $275.45. This resulted in the Chair and CEO holding 12,662,327 shares of CRM after the transaction. In another insider transaction, Benioff Marc sold 15,000 shares at $275.01 per share on May 03 ’24. Company shares held by the Chair and CEO now total 12,677,327.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Salesforce Inc pays an annual dividend of $0.40, resulting in a dividend yield of 0.14%, and it has a price to earnings (P/E) ratio of 66.34. CRM’s most recent ex-dividend date was 3/13/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 4/11/2024.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CRM has a high of $318.71 and a low of $193.68.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CRM’s latest balance sheet shows that the firm has $10.54B in Cash & Short Term Investments as of fiscal 2022. There were $13.98B in debt and $21.79B in liabilities at the time. Its Book Value Per Share was $61.43, while its Total Shareholder’s Equity was $58.13B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRM is Buy with a score of 4.25.

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