Brian Millham Sells 1,662 Shares of Salesforce Inc

On December 24, 2024, Brian Millham, President and Chief Operating Officer of Salesforce Inc, sold 1,662 shares of Salesforce Inc (CRM, Financial). Following this transaction, the insider now owns 0 shares of the company. The transaction details 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, Brian Millham has sold a total of 500,553 shares and has not purchased any shares. The insider transaction history for Salesforce Inc indicates there have been 2 insider buys and 253 insider sells over the same period.

On the day of the recent sale, shares of Salesforce Inc were trading at $343, giving the stock a market cap of $327.026 billion. The company’s price-earnings ratio stands at 56.20, which is higher than the industry median of 26.745 but lower than the company’s historical median price-earnings ratio.
The GF Value of Salesforce Inc is estimated at $261.66, resulting in a price-to-GF-Value ratio of 1.31. This suggests 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 such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as 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.