An Insider Marc Benioff Unloaded 5000 shares of salesforce.com, inc. (CRM); Shorts at Entravision Communications (EVC) Lowered By 3.68%

Entravision Communications Corporation (NYSE:EVC) had a decrease of 3.68% in short interest. EVC’s SI was 1.68 million shares in March as released by FINRA. Its down 3.68% from 1.74M shares previously. With 492,200 avg volume, 3 days are for Entravision Communications Corporation (NYSE:EVC)’s short sellers to cover EVC’s short positions. The SI to Entravision Communications Corporation’s float is 2.59%. The stock decreased 19.84% or $1.25 during the last trading session, reaching $5.05. About 2.10 million shares traded or 258.99% up from the average. Entravision Communications Corporation (NYSE:EVC) has declined 18.49% since March 16, 2017 and is downtrending. It has underperformed by 35.19% the S&P500.

The Salesforce Com Inc’s Chairman of the Board and CEO, Marc Benioff, the well informed person made a sale of – 5,000 Salesforce Com Inc’s shares, based on the avg market share price of $127.7 per each share. Marc Benioff’s shares recently had a value of roughly $638,254 USD. Marc is trying to decrease his company’s share, same as he did in the last month. He unloaded another 85,000 shares worth $10,118,124 USD. This big deal will probably draw attention, as he today has ownership of 4.61% of the total market cap of the Company. Marc completed this transaction on March 15, 2018. The document is available for review here at the SEC website.

Since September 19, 2017, it had 3 insider buys, and 125 sales for $72.23 million activity. $67,251 worth of salesforce.com, inc. (NYSE:CRM) was sold by Weaver Amy E on Sunday, October 22. $635,023 worth of salesforce.com, inc. (NYSE:CRM) shares were sold by Benioff Marc. Shares for $161,971 were sold by Conway Craig. Shares for $487,067 were sold by Hawkins Mark J. Another trade for 379 shares valued at $43,915 was sold by Robbins Cynthia G. The insider Dayon Alexandre sold $855,499. On Sunday, February 25 the insider Harris Parker sold $61,411.

The stock decreased 0.60% or $0.77 during the last trading session, reaching $127.22. About 4.60 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 7.78% since March 16, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $91.89 billion. The firm offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices, as well as solutions for partner relationship management. It has a 748.35 P/E ratio. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connects their service agents with clients on various devices; and Marketing Cloud to plan, personalize, and optimize one-to-one customer interactions.

Among 54 analysts covering Salesforce.com (NYSE:CRM), 48 have Buy rating, 1 Sell and 5 Hold. Therefore 89% are positive. Salesforce.com has $150.0 highest and $18 lowest target. $115.01’s average target is -9.60% below currents $127.22 stock price. Salesforce.com had 225 analyst reports since August 21, 2015 according to SRatingsIntel. On Thursday, March 1 the stock rating was maintained by Wells Fargo with “Buy”. The stock of salesforce.com, inc. (NYSE:CRM) has “Overweight” rating given on Wednesday, August 23 by Barclays Capital. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Thursday, May 19 by FBN Securities. Robert W. Baird maintained the shares of CRM in report on Tuesday, October 31 with “Buy” rating. As per Wednesday, November 22, the company rating was downgraded by Roth Capital. Wunderlich maintained the stock with “Buy” rating in Thursday, November 19 report. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Thursday, March 23 by BMO Capital Markets. Pacific Crest maintained salesforce.com, inc. (NYSE:CRM) rating on Thursday, November 19. Pacific Crest has “Overweight” rating and $95 target. The stock of salesforce.com, inc. (NYSE:CRM) earned “Positive” rating by OTR Global on Tuesday, November 15. The firm has “Underperform” rating by Bernstein given on Thursday, November 19.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.15, from 1.34 in 2017Q2. It is negative, as 40 investors sold salesforce.com, inc. shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. Tcw Grp stated it has 2.68 million shares or 1.99% of all its holdings. Wealthtrust invested 0% of its portfolio in salesforce.com, inc. (NYSE:CRM). Prelude Limited Com holds 0.23% or 27,003 shares in its portfolio. Mutual Of America Cap Mgmt Ltd Llc stated it has 82,614 shares. Douglass Winthrop Ltd Liability Com reported 7,685 shares. 6,850 were reported by Livingston Gru Incorporated Asset Mngmt (Operating As Southport Capital Management). Natl Ins Tx reported 63,314 shares. Kornitzer Capital Ks holds 111,251 shares or 0.18% of its portfolio. Commonwealth Savings Bank Of Australia holds 7,452 shares or 0.01% of its portfolio. Cap One Association holds 14,318 shares or 0.09% of its portfolio. 3,475 are held by Hemenway Tru Ltd Llc. Arcadia Management Mi holds 0% or 108 shares in its portfolio. Moreover, Contravisory Investment Mngmt Incorporated has 0% invested in salesforce.com, inc. (NYSE:CRM) for 5 shares. Old Mutual Customised Solutions (Proprietary) accumulated 18,994 shares or 0.24% of the stock. Ballentine Partners Limited Liability holds 11,772 shares.

Analysts await salesforce.com, inc. (NYSE:CRM) to report earnings on May, 17. They expect $0.17 earnings per share, up 183.33% or $0.11 from last year’s $0.06 per share. CRM’s profit will be $122.79 million for 187.09 P/E if the $0.17 EPS becomes a reality. After $0.15 actual earnings per share reported by salesforce.com, inc. for the previous quarter, Wall Street now forecasts 13.33% EPS growth.

Among 3 analysts covering Entravision Communications (NYSE:EVC), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Entravision Communications had 9 analyst reports since September 16, 2015 according to SRatingsIntel. The rating was maintained by Noble Financial with “Buy” on Thursday, August 3. The stock of Entravision Communications Corporation (NYSE:EVC) earned “Neutral” rating by Wedbush on Tuesday, January 17. The firm has “Buy” rating by Noble Financial given on Friday, November 3. The firm earned “Outperform” rating on Monday, October 12 by Wedbush. Macquarie Research maintained the stock with “Neutral” rating in Wednesday, April 19 report. The firm earned “Hold” rating on Thursday, March 15 by Noble Financial. The stock of Entravision Communications Corporation (NYSE:EVC) has “Hold” rating given on Monday, July 24 by Macquarie Research.