Amy Weaver, President and Chief Financial Officer of Salesforce Inc (CRM, Financial), sold 4,096 shares of the company on April 23, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $273.15 per share, resulting in a total value of $1,118,784.40.
Salesforce Inc is a global leader in customer relationship management (CRM, Financial) technology that brings companies and customers together. It is the enterprise cloud computing leader with a broad suite of cloud-based applications for sales, service, marketing, and more.
Over the past year, the insider has sold a total of 305,477 shares of Salesforce Inc and has not made any purchases of the stock. The company's insider transaction history indicates a total of 363 insider sells and no insider buys over the past year.
Salesforce Inc's stock market capitalization stands at $268.38 billion as of the date of the insider's recent transaction. The stock's price-earnings ratio is 65.88, which is above the industry median of 26.615 but below the company's historical median price-earnings ratio.
The stock was trading at $273.15 on the day of the transaction, with a GF Value of $247.53. This results in a price-to-GF-Value ratio of 1.1, indicating that Salesforce Inc is modestly overvalued according to GuruFocus' valuation.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by 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.
