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Salesforce Com (CRM) Shareholder Picton Mahoney Asset Management Has Lowered Its Holding by $1.41 Million as Valuation Declined; Bright Rock Capital Management Lifted Its Facebook (FB) Position by $984,000 as Shares Declined

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Bright Rock Capital Management Llc increased its stake in Facebook Inc (FB) by 26.03% based on its latest 2018Q3 regulatory filing with the SEC. Bright Rock Capital Management Llc bought 6,000 shares as the company’s stock declined 13.60% with the market. The institutional investor held 29,050 shares of the technology company at the end of 2018Q3, valued at $4.78 million, up from 23,050 at the end of the previous reported quarter. Bright Rock Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $416.73B market cap company. The stock increased 0.35% or $5.38 during the last trading session, reaching $145.01. About 48,515 shares traded. Facebook, Inc. (NASDAQ:FB) has declined 21.26% since December 14, 2017 and is downtrending. It has underperformed by 21.26% the S&P500. Some Historical FB News: 30/03/2018 – Apple chief right to kick Facebook over data privacy failings; 26/03/2018 – US regulator opens Facebook probe; 09/04/2018 – moneycontrol: Facebook’s Mark Zuckerberg to meet with US lawmakers on Monday; 12/04/2018 – Should Facebook Pay More in Taxes? IMF Wades Into Thorny Debate; 20/03/2018 – FTC Probing Facebook Over Data Use by Cambridge Analytica–Update; 10/04/2018 – Former exec says Facebook’s not arrogant, even if its actions ‘look a little bit like arrogance’; 20/03/2018 – Facebook wants more video creators to compete with YouTube, so it’s rolling out a subscription feature:; 27/03/2018 – Three users sue Facebook over collection of call and text history; 10/04/2018 – Facebook CEO Mark Zuckerberg in testimony there will always be a version of Facebook that users can access without paying; 19/04/2018 – Facebook’s facial recognition tech could fall foul of new EU data rules, a top watchdog says

Picton Mahoney Asset Management decreased its stake in Salesforce Com Inc (CRM) by 4.27% based on its latest 2018Q3 regulatory filing with the SEC. Picton Mahoney Asset Management sold 8,846 shares as the company’s stock declined 9.28% with the market. The institutional investor held 198,184 shares of the prepackaged software company at the end of 2018Q3, valued at $31.52M, down from 207,030 at the end of the previous reported quarter. Picton Mahoney Asset Management who had been investing in Salesforce Com Inc for a number of months, seems to be less bullish one the $107.97 billion market cap company. The stock decreased 0.75% or $0.92 during the last trading session, reaching $141.14. About 5.12 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 31.90% since December 14, 2017 and is uptrending. It has outperformed by 31.90% the S&P500. Some Historical CRM News: 21/03/2018 – Salesforce’s pricey MuleSoft deal could force rivals to pay up for cloud software companies; 02/05/2018 – SALESFORCE COMPLETES PURCHASE OF MULESOFT; 24/04/2018 – Upland Software Speeds Requests for Proposal (RFP) Through Upgraded Integrations with Microsoft Office 365 and Salesforce® Sol; 23/03/2018 – Salesforce and Mulesoft a Good Buy — Barrons.com; 21/03/2018 – Salesforce’s pricey MuleSoft deal could force rivals to pay up for software companies; 12/03/2018 – Dropbox sets valuation as high as $8 billion; Announces private placement by Salesforce ahead of IPO; 24/04/2018 – Magnet 360 Announces Lightning Bolt Factory, for Salesforce Lightning Bolt, Empowering Companies to Deploy Faster With Partner; 02/05/2018 – Salesforce Completes Acquisition Of MuleSoft; 02/04/2018 – S&P ASSIGNS SALESFORCE.COM INC. TO RATING ‘A-‘; 20/03/2018 – Salesforce Reaches Deal to Buy Cloud-Application Builder MuleSoft

Among 58 analysts covering Salesforce.com (NYSE:CRM), 52 have Buy rating, 0 Sell and 6 Hold. Therefore 90% are positive. Salesforce.com had 274 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, May 4. On Wednesday, May 30 the stock rating was maintained by Deutsche Bank with “Buy”. Credit Suisse maintained salesforce.com, inc. (NYSE:CRM) rating on Tuesday, February 20. Credit Suisse has “Outperform” rating and $130 target. The company was maintained on Wednesday, March 1 by Wedbush. The firm earned “Outperform” rating on Friday, November 18 by BMO Capital Markets. Mizuho maintained salesforce.com, inc. (NYSE:CRM) rating on Friday, November 18. Mizuho has “Buy” rating and $95 target. The firm has “Overweight” rating by JP Morgan given on Thursday, May 19. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, May 30. The stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Stephens on Thursday, March 1. The stock has “Buy” rating by Canaccord Genuity on Thursday, May 19.

Investors sentiment decreased to 1.52 in 2018 Q3. Its down 0.09, from 1.61 in 2018Q2. It turned negative, as 31 investors sold CRM shares while 288 reduced holdings. 140 funds opened positions while 345 raised stakes. 607.34 million shares or 0.44% less from 610.03 million shares in 2018Q2 were reported. Lord Abbett & Limited Liability Company reported 420,939 shares or 0.19% of all its holdings. Chemung Canal reported 1.51% stake. Jaffetilchin Partners Ltd Com accumulated 0.3% or 8,994 shares. California Employees Retirement owns 1.33 million shares. Cls Ltd Llc reported 47 shares. Tctc Hldg Lc owns 0.08% invested in salesforce.com, inc. (NYSE:CRM) for 11,465 shares. Rathbone Brothers Public Ltd Company reported 274,742 shares. 6,165 are held by Columbus Hill Capital Mgmt Limited Partnership. 2,085 are held by Sun Life. Cue Fincl Grp holds 0.22% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 2,286 shares. Iowa Bank & Trust invested in 3.14% or 44,286 shares. Washington Tru Natl Bank invested in 0.01% or 345 shares. Chilton Cap Management Ltd Llc holds 73,947 shares or 0.97% of its portfolio. Huntington Financial Bank owns 42,035 shares for 0.1% of their portfolio. Bellecapital Intl holds 14,895 shares.

Since June 15, 2018, it had 4 buys, and 190 sales for $188.06 million activity. $834,607 worth of salesforce.com, inc. (NYSE:CRM) was sold by Harris Parker. Weaver Amy E had sold 875 shares worth $108,307 on Thursday, November 22. 959 salesforce.com, inc. (NYSE:CRM) shares with value of $119,042 were sold by Robbins Cynthia G.. On Thursday, August 16 Benioff Marc sold $730,494 worth of salesforce.com, inc. (NYSE:CRM) or 5,000 shares. $880,216 worth of stock was bought by Wojcicki Susan on Wednesday, October 10. Allanson Joe sold $73,683 worth of stock.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Gurufocus.com which released: “Valley National Bank Drives Digital Transformation with Salesforce and nCino – GuruFocus.com” on December 13, 2018, also Seekingalpha.com with their article: “Salesforce.com, Inc. (CRM) Management Presents at 2018 Wells Fargo Tech Summit (Transcript) – Seeking Alpha” published on December 05, 2018, Investorplace.com published: “7 Strong-Buy Stocks That Are Hot in a Cold Market – Investorplace.com” on December 10, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Seekingalpha.com and their article: “Salesforce Reports Earnings Below The Cloud Of A Potential ‘Death Cross’ – Seeking Alpha” published on November 27, 2018 as well as Seekingalpha.com‘s news article titled: “Long-Term Growth Stocks – Cramer’s Mad Money (12/11/18) – Seeking Alpha” with publication date: December 12, 2018.

Picton Mahoney Asset Management, which manages about $1.42 billion US Long portfolio, upped its stake in Ishares Tr (IEF) by 6,755 shares to 27,480 shares, valued at $2.78 million in 2018Q3, according to the filing. It also increased its holding in Highwoods Pptys Inc (NYSE:HIW) by 9,200 shares in the quarter, for a total of 127,400 shares, and has risen its stake in Alibaba Group Hldg Ltd (NYSE:BABA).

Analysts await salesforce.com, inc. (NYSE:CRM) to report earnings on February, 27. They expect $0.23 EPS, up 53.33% or $0.08 from last year’s $0.15 per share. CRM’s profit will be $175.95M for 153.41 P/E if the $0.23 EPS becomes a reality. After $0.26 actual EPS reported by salesforce.com, inc. for the previous quarter, Wall Street now forecasts -11.54% negative EPS growth.

Investors sentiment increased to 1.13 in Q3 2018. Its up 0.04, from 1.09 in 2018Q2. It is positive, as 123 investors sold FB shares while 598 reduced holdings. 154 funds opened positions while 661 raised stakes. 1.61 billion shares or 3.39% less from 1.66 billion shares in 2018Q2 were reported. Baker Avenue Asset Mngmt Ltd Partnership accumulated 2,721 shares. Lockheed Martin Com has 4,400 shares for 0.03% of their portfolio. 11,112 were accumulated by Hilton Mngmt Llc. Regal Inv Advisors Ltd Llc has 4,405 shares. 2,397 were accumulated by Hemenway Company Ltd Limited Liability Company. Blackrock Inc reported 151.36 million shares stake. Private Ocean Lc stated it has 0.08% of its portfolio in Facebook, Inc. (NASDAQ:FB). 46,648 are held by Cetera Advsr Ltd Liability Corp. Allen Management Ltd Liability Company reported 3.09% of its portfolio in Facebook, Inc. (NASDAQ:FB). Cap World Invsts stated it has 1.33% in Facebook, Inc. (NASDAQ:FB). Savings Bank Pictet Cie (Asia) has 6,188 shares for 0.47% of their portfolio. 2,212 are held by First Personal Financial Services. Gilder Gagnon Howe & Company Lc owns 1.98% invested in Facebook, Inc. (NASDAQ:FB) for 1.18 million shares. Pinnacle Wealth Mgmt Advisory Group Lc accumulated 5,677 shares. Modera Wealth Mgmt Ltd Llc invested in 0.06% or 1,946 shares.

Since June 20, 2018, it had 0 insider purchases, and 80 sales for $1.97 billion activity. Sandberg Sheryl had sold 55,000 shares worth $7.75 million. On Monday, October 15 Cox Christopher K sold $813,248 worth of Facebook, Inc. (NASDAQ:FB) or 5,300 shares. 750 shares valued at $122,438 were sold by Stretch Colin on Wednesday, September 12. 2,648 shares were sold by FISCHER DAVID B., worth $392,937. $5.45 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd on Tuesday, November 13. Wehner David M. sold $1.72M worth of stock or 9,522 shares.

Bright Rock Capital Management Llc, which manages about $196.00M and $306.40 million US Long portfolio, decreased its stake in Alphabet Inc Cl A by 500 shares to 7,410 shares, valued at $8.94 million in 2018Q3, according to the filing. It also reduced its holding in Mastercard Inc Cl A (NYSE:MA) by 5,000 shares in the quarter, leaving it with 27,000 shares, and cut its stake in Jack Henry & Assoc Inc (NASDAQ:JKHY).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Why Facebook Stock Is Very Cheap – Investorplace.com” on December 13, 2018, also Seekingalpha.com with their article: “Facebook: No Better Time To ‘Like’ It Than Now – Seeking Alpha” published on December 06, 2018, Nasdaq.com published: “Facebook Stock Is Not a Buy Just Yet – Nasdaq” on December 11, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Facebook Quietly Copies Mogu to Challenge Amazon – Nasdaq” published on December 13, 2018 as well as Seekingalpha.com‘s news article titled: “‘Watch’ As Facebook Climbs Another 50% – Seeking Alpha” with publication date: December 05, 2018.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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