Insider Sale: Marc Benioff Unloaded 5,000 Shares of Salesforce.com, inc. (CRM); Castleark Management Has Decreased Its Halliburton Co (HAL) Holding

Castleark Management Llc decreased Halliburton Co (HAL) stake by 40.92% reported in 2017Q3 SEC filing. Castleark Management Llc sold 40,240 shares as Halliburton Co (HAL)’s stock declined 11.04%. The Castleark Management Llc holds 58,110 shares with $2.68M value, down from 98,350 last quarter. Halliburton Co now has $41.66B valuation. The stock decreased 1.26% or $0.61 during the last trading session, reaching $47.62. About 5.94M shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since February 28, 2017 and is uptrending. It has outperformed by 2.33% the S&P500.

Not a long ago, the Chairman of the Board and CEO of Salesforce Com Inc, Mr. Marc Benioff, made a sale of a substantial amount of shares – 5,000, amounting to $583,121 USD, estimated based on $116.6 a share. He also sold 100,000 shares with a total value $11,136,929 USD in the last 30 days. The transaction was large and not likely to stay a secret. Marc Benioff currently owns 4.62% of Salesforce Com Inc’s market capitalization with ownership of 33.37 million shares. 

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $84.13 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 9705.83 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.

Investors sentiment decreased to 1.34 in 2017 Q3. Its down 0.04, from 1.38 in 2017Q2. It turned 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. Triangle Securities Wealth Mngmt owns 12,005 shares or 0.67% of their US portfolio. Legal & General Grp Public Limited Co reported 0.22% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Moreover, Cibc Bankshares Usa has 0.03% invested in Salesforce.com, inc. (NYSE:CRM) for 2,415 shares. Davide Leone Prns Investment Llp reported 200,000 shares. 81,644 were reported by Amalgamated Retail Bank. Renaissance Ltd Liability reported 516,100 shares. Artisan Prtn Partnership holds 0.28% of its portfolio in Salesforce.com, inc. (NYSE:CRM) for 1.63 million shares. Rhumbline Advisers accumulated 1.09 million shares. Bank & Trust Of The West holds 0.78% or 66,229 shares in its portfolio. Moreover, Clough Prns Lp has 1.36% invested in Salesforce.com, inc. (NYSE:CRM). Moreno Evelyn V owns 48,590 shares. 7,103 are held by Tudor Investment Corporation Et Al. Criterion Capital Management Lc invested in 6.66% or 1.68M shares. Aqr Mngmt invested in 0.01% or 76,624 shares. Fil accumulated 1.31M shares.

Since August 29, 2017, it had 2 insider buys, and 102 insider sales for $66.07 million activity. 129 shares were sold by Roos John Victor, worth $14,616. Robbins Cynthia G. sold 681 shares worth $67,251. Another trade for 1,300 shares valued at $147,663 was sold by Martinez Maria. Another trade for 5,000 shares valued at $556,785 was sold by Benioff Marc. 15,282 shares valued at $1.47M were sold by BLOCK KEITH on Tuesday, September 12. On Monday, September 25 Conway Craig sold $57,048 worth of Salesforce.com, inc. (NYSE:CRM) or 602 shares. 16,845 shares were sold by Hawkins Mark J, worth $1.90M.

Among 51 analysts covering Salesforce.com (NYSE:CRM), 45 have Buy rating, 1 Sell and 5 Hold. Therefore 88% are positive. Salesforce.com has $135 highest and $18 lowest target. $109.38’s average target is -6.09% below currents $116.47 stock price. Salesforce.com had 206 analyst reports since August 21, 2015 according to SRatingsIntel. Jefferies maintained Salesforce.com, inc. (NYSE:CRM) rating on Thursday, September 17. Jefferies has “Sell” rating and $51 target. Canaccord Genuity maintained Salesforce.com, inc. (NYSE:CRM) rating on Thursday, May 19. Canaccord Genuity has “Buy” rating and $95 target. The rating was maintained by Stifel Nicolaus on Thursday, November 19 with “Buy”. The company was initiated on Thursday, September 10 by BTIG Research. The firm has “Buy” rating given on Monday, August 21 by Drexel Hamilton. The rating was maintained by TH Capital on Thursday, November 19 with “Buy”. Cowen & Co maintained Salesforce.com, inc. (NYSE:CRM) rating on Tuesday, November 21. Cowen & Co has “Buy” rating and $118.0 target. As per Tuesday, October 18, the company rating was initiated by Rosenblatt. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, November 21 report. The company was maintained on Tuesday, August 25 by Roth Capital.

The stock decreased 0.15% or $0.18 during the last trading session, reaching $116.47. About 5.91M shares traded or 29.17% up from the average. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 28, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Analysts await Halliburton Company (NYSE:HAL) to report earnings on April, 23. They expect $0.49 EPS, up 1,125.00% or $0.45 from last year’s $0.04 per share. HAL’s profit will be $428.70 million for 24.30 P/E if the $0.49 EPS becomes a reality. After $0.53 actual EPS reported by Halliburton Company for the previous quarter, Wall Street now forecasts -7.55% negative EPS growth.

Among 42 analysts covering Halliburton Company (NYSE:HAL), 37 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Halliburton Company had 150 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Howard Weil on Wednesday, June 15 with “Sector Perform”. On Thursday, October 20 the stock rating was maintained by Loop Capital with “Buy”. The stock of Halliburton Company (NYSE:HAL) has “Buy” rating given on Thursday, October 20 by DA Davidson. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, June 7. RBC Capital Markets maintained it with “Buy” rating and $6000 target in Thursday, July 20 report. On Thursday, July 21 the stock rating was maintained by FBR Capital with “Outperform”. JP Morgan maintained the shares of HAL in report on Tuesday, September 12 with “Overweight” rating. The stock of Halliburton Company (NYSE:HAL) has “Hold” rating given on Tuesday, July 19 by Societe Generale. The rating was maintained by iBERIA Capital Partners with “Outperform” on Wednesday, May 4. As per Wednesday, February 22, the company rating was maintained by FBR Capital.

Since September 5, 2017, it had 0 buys, and 11 selling transactions for $10.10 million activity. Shares for $1.71M were sold by Pope Lawrence J. $1.58 million worth of Halliburton Company (NYSE:HAL) was sold by Carre Eric. Voyles Robb L. had sold 5,953 shares worth $297,650. Another trade for 2,937 shares valued at $151,459 was sold by Beaty Anne L.. On Monday, January 22 the insider Brown James S sold $713,475. The insider Miller Jeffrey Allen sold 29,025 shares worth $1.60 million. Another trade for 4,583 shares valued at $251,835 was sold by McKeon Timothy.

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