On November 26, 2024, Sabastian Niles, President and Chief Legal Officer of a branch of Salesforce Inc (CRM, Financial), sold 548 shares of the company. Following this transaction, the insider now owns 1,011 shares of Salesforce Inc. The details of this transaction can be found in the SEC Filing.
Salesforce Inc is a leading provider of customer relationship management (CRM) software and applications focused on sales and customer service. The company offers a suite of enterprise applications that help businesses manage customer relationships and streamline operations.
Over the past year, Sabastian Niles has sold a total of 7,301 shares and has not made any purchases. The insider transaction history for Salesforce Inc shows that there have been 2 insider buys and 277 insider sells over the same timeframe.
As of the date of the recent sale, shares of Salesforce Inc were trading at $341.98, giving the stock a market cap of $328,080.080 million. The company's price-earnings ratio stands at 59.68, which is higher than the industry median of 26.79 but lower than the company’s historical median price-earnings ratio.
With a trading price of $341.98 and a GF Value of $258.03, Salesforce Inc has a price-to-GF-Value ratio of 1.33, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance 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.
