On December 18, 2023, Srinivas Tallapragada, Pres/Chief Engineering Officer of Salesforce Inc (CRM, Financial), executed a sale of 10,000 shares in the company. The transaction was conducted at an average price of $262.24 per share, resulting in a total value of $2,622,400.
Salesforce Inc is a global leader in customer relationship management (CRM, Financial) technology that brings companies and customers together. It is the leading provider of enterprise cloud computing solutions, with a focus on customer service, marketing automation, analytics, and application development.
Over the past year, the insider has sold a total of 317,538 shares of Salesforce Inc and has not made any share purchases. This latest transaction continues the trend observed over the past year, where there have been no insider buys and 310 insider sells.
The stock market capitalization of Salesforce Inc stands at $255.881 billion as of the date of the insider's recent transaction.
Salesforce Inc's price-earnings ratio is currently 100.51. This figure is higher than the industry median of 27.23 and lower than the company’s historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 1.09, indicating that Salesforce Inc is Fairly Valued when compared to the GF Value of $239.53. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
