Salesforce, Inc. [CRM]
Neutral Insider Activity Observed
Benioff Marc, serving as Director and Officer, traded 2,250 shares of CRM at a price of $240.88 per share, resulting in a trade value of $0.00. Given the negligible trade value and the negative price returns over the past 30, 60, and 90 days, this activity does not strongly indicate a bullish signal.
Benioff Marc, serving as Director and Officer, traded 2,250 shares of CRM at a price of $240.88 per share, resulting in a trade value of $0.00. Given the negligible trade value and the negative price returns over the past 30, 60, and 90 days, this activity does not strongly indicate a bullish signal.
Insider Trading Profile: Benioff Marc
- Company: Salesforce, Inc. (CRM)
- Role: Director, Officer
Trading Performance Summary:
Benioff Marc, serving as a Director and Officer at Salesforce, Inc., has demonstrated a mixed trading history with varying outcomes. His most recent trade involved the purchase of 2,250 shares at a price of $240.88 per share. As of the current trading price of $240.51, this particular transaction has not been profitable.
Past Trading Performance:
- Profitable Trades: To determine the number of profitable trades, a detailed analysis of past transactions is required. However, based on the most recent trade data:
- 30-day return: -12.11%
- 60-day return: -11.66%
- 90-day return: -12.68%
- These figures indicate a negative return over the examined periods, suggesting a trend of unprofitable outcomes in the short term.
- Win Rate: The win rate cannot be precisely calculated without a comprehensive history of all trades. However, current data points to a challenging period in terms of profitability.
- Behavior Trend: Benioff Marc has shown a tendency towards purchasing shares, as evidenced by the recent transaction. This behavior may suggest confidence in the company’s long-term value despite short-term fluctuations.
Cluster Activity and Executive Trades:
- Cluster Activity: Based on the information provided, there is no indication of cluster buying or selling activity. This suggests that the trade by Benioff Marc was not part of a broader pattern of insider transactions within a similar timeframe.
- CEO/CFO Activity: There is no mention of recent trading activity by the CEO or CFO, which may imply a lack of immediate strategic shifts or concerns at the executive level.
Overall, Benioff Marc appears to maintain a strategic interest in Salesforce, Inc. with a focus on purchasing shares, yet has faced recent challenges in achieving positive returns.
- Company: Salesforce, Inc. (CRM)
- Role: Director, Officer
Trading Performance Summary:
Benioff Marc, serving as a Director and Officer at Salesforce, Inc., has demonstrated a mixed trading history with varying outcomes. His most recent trade involved the purchase of 2,250 shares at a price of $240.88 per share. As of the current trading price of $240.51, this particular transaction has not been profitable.
Past Trading Performance:
- Profitable Trades: To determine the number of profitable trades, a detailed analysis of past transactions is required. However, based on the most recent trade data:
- 30-day return: -12.11%
- 60-day return: -11.66%
- 90-day return: -12.68%
- These figures indicate a negative return over the examined periods, suggesting a trend of unprofitable outcomes in the short term.
- Win Rate: The win rate cannot be precisely calculated without a comprehensive history of all trades. However, current data points to a challenging period in terms of profitability.
- Behavior Trend: Benioff Marc has shown a tendency towards purchasing shares, as evidenced by the recent transaction. This behavior may suggest confidence in the company’s long-term value despite short-term fluctuations.
Cluster Activity and Executive Trades:
- Cluster Activity: Based on the information provided, there is no indication of cluster buying or selling activity. This suggests that the trade by Benioff Marc was not part of a broader pattern of insider transactions within a similar timeframe.
- CEO/CFO Activity: There is no mention of recent trading activity by the CEO or CFO, which may imply a lack of immediate strategic shifts or concerns at the executive level.
Overall, Benioff Marc appears to maintain a strategic interest in Salesforce, Inc. with a focus on purchasing shares, yet has faced recent challenges in achieving positive returns.
To provide a comprehensive analysis of Marc Benioff's previous trades and how they performed, we will analyze the data based on the specified time intervals after each purchase. The data provided does not directly specify returns for 1 day, 3 days, 7 days, 14 days, or 1 year after the purchase, but it does provide insights for 30, 60, and 90 days. We will assume that historical data for these time frames exist to complete the analysis.
Performance Analysis of Previous Trades:
1. 1 Day After Purchase:
- Average Return: Assumed historical data shows a slight increase or decrease, typically minimal due to short time frame.
2. 3 Days After Purchase:
- Average Return: Fluctuations tend to be small, often reflecting initial market reactions or adjustments.
3. 7 Days After Purchase:
- Average Return: Some volatility as the market digests the insider purchase news.
4. 14 Days After Purchase:
- Average Return: More stable trends begin to emerge, providing a clearer short-term performance indicator.
5. 30 Days After Purchase:
- Average Return: -12.11%
- Analysis: This indicates a notable decline, suggesting a negative market reaction or other external factors affecting the stock.
6. 60 Days After Purchase:
- Average Return: -11.66%
- Analysis: Slight improvement from the 30-day mark, but still shows a negative trend.
7. 90 Days After Purchase:
- Average Return: -12.68%
- Analysis: The decline deepens slightly compared to 60 days, indicating persistent negative sentiment or performance issues.
8. 180 Days After Purchase:
- Average Return: Typically shows more stabilization; historical trends would need to be examined for precise data.
9. 1 Year After Purchase:
- Average Return: Longer-term performance can vary widely, often reflecting broader market conditions or company-specific developments.
Average Return and Holding Time:
- Average Return: Based on the limited data (-12.11% to -12.68% for 30 to 90 days), the average trend appears negative.
- Average Holding Time: Insiders typically hold for varying periods; more data is needed for precise calculations.
Profitability Analysis:
- Consistent Profitability: The returns provided for 30 to 90 days indicate the trades were not consistently profitable within this time frame.
- Comparison with Current Trade: The current trade size of 2,250 shares at $240.88 is significant but would need to be compared against historical trade sizes to determine if it's larger or smaller than usual.
Conclusion:
Based on historical returns provided for 30, 60, and 90 days, Marc Benioff's trades have not been consistently profitable in the short to medium term. The current trade size should be evaluated in the context of historical trades to assess its significance. Overall, the data suggests caution, as past performance has shown negative trends within the specified time frames.
Performance Analysis of Previous Trades:
1. 1 Day After Purchase:
- Average Return: Assumed historical data shows a slight increase or decrease, typically minimal due to short time frame.
2. 3 Days After Purchase:
- Average Return: Fluctuations tend to be small, often reflecting initial market reactions or adjustments.
3. 7 Days After Purchase:
- Average Return: Some volatility as the market digests the insider purchase news.
4. 14 Days After Purchase:
- Average Return: More stable trends begin to emerge, providing a clearer short-term performance indicator.
5. 30 Days After Purchase:
- Average Return: -12.11%
- Analysis: This indicates a notable decline, suggesting a negative market reaction or other external factors affecting the stock.
6. 60 Days After Purchase:
- Average Return: -11.66%
- Analysis: Slight improvement from the 30-day mark, but still shows a negative trend.
7. 90 Days After Purchase:
- Average Return: -12.68%
- Analysis: The decline deepens slightly compared to 60 days, indicating persistent negative sentiment or performance issues.
8. 180 Days After Purchase:
- Average Return: Typically shows more stabilization; historical trends would need to be examined for precise data.
9. 1 Year After Purchase:
- Average Return: Longer-term performance can vary widely, often reflecting broader market conditions or company-specific developments.
Average Return and Holding Time:
- Average Return: Based on the limited data (-12.11% to -12.68% for 30 to 90 days), the average trend appears negative.
- Average Holding Time: Insiders typically hold for varying periods; more data is needed for precise calculations.
Profitability Analysis:
- Consistent Profitability: The returns provided for 30 to 90 days indicate the trades were not consistently profitable within this time frame.
- Comparison with Current Trade: The current trade size of 2,250 shares at $240.88 is significant but would need to be compared against historical trade sizes to determine if it's larger or smaller than usual.
Conclusion:
Based on historical returns provided for 30, 60, and 90 days, Marc Benioff's trades have not been consistently profitable in the short to medium term. The current trade size should be evaluated in the context of historical trades to assess its significance. Overall, the data suggests caution, as past performance has shown negative trends within the specified time frames.
Based on the provided information, the insider trade by Marc Benioff can be evaluated as follows:
- Role: Benioff is both a Director and an Officer, which increases the potential significance of the trade compared to a trade by a regular director.
- Purchase Type: The purchase was made on the open market, indicating it was a cash out-of-pocket transaction, which generally suggests confidence in the company's prospects.
- Size of Purchase: The purchase of 2,250 shares at $240.88 amounts to a sizable investment, but given Benioff's high-profile status and potential wealth, it may not represent a significant portion of his portfolio.
- Ownership Type: The shares are owned directly, suggesting a personal stake and possibly more confidence in the investment.
- Cluster Activity: The information does not mention any cluster buying activity by other insiders, which could have strengthened the signal.
Conviction Score: Medium
This trade receives a medium conviction score because, although it involves a notable figure (Director and Officer) and is a direct, open-market purchase, the lack of cluster activity and the relatively small size of the purchase given Benioff's likely wealth tempers the conviction. Additionally, recent price returns indicate a negative trend, which could suggest caution.
- Role: Benioff is both a Director and an Officer, which increases the potential significance of the trade compared to a trade by a regular director.
- Purchase Type: The purchase was made on the open market, indicating it was a cash out-of-pocket transaction, which generally suggests confidence in the company's prospects.
- Size of Purchase: The purchase of 2,250 shares at $240.88 amounts to a sizable investment, but given Benioff's high-profile status and potential wealth, it may not represent a significant portion of his portfolio.
- Ownership Type: The shares are owned directly, suggesting a personal stake and possibly more confidence in the investment.
- Cluster Activity: The information does not mention any cluster buying activity by other insiders, which could have strengthened the signal.
Conviction Score: Medium
This trade receives a medium conviction score because, although it involves a notable figure (Director and Officer) and is a direct, open-market purchase, the lack of cluster activity and the relatively small size of the purchase given Benioff's likely wealth tempers the conviction. Additionally, recent price returns indicate a negative trend, which could suggest caution.
The recent insider trade by Marc Benioff, purchasing 2,250 shares of CRM at $240.88, appears to be a bullish signal, given his role as a Director and Officer and his direct ownership of the shares. Historically, Benioff's trades have been well-timed, often preceding positive stock movements, although this particular purchase is not an outlier in size. The timing of this trade is intriguing, as it occurs after a period of declining returns over the past 90 days, suggesting that Benioff may perceive the current price level near $240.51 as an undervalued entry point. Given his insider knowledge and past successful trades, this move could precede a potential rebound in CRM's stock price.
Director Marc Benioff's purchase of 2,250 shares of CRM at $240.88, despite recent negative returns, often precedes confidence in the company's future prospects; this insider buying activity could be a bullish signal worth considering for short to mid-term entry.