Parker Harris - Salesforce Co-Founder, Chief Technology Officer, Director

CRM Stock  USD 335.78  10.08  3.09%   

Director

Mr. Parker Harris, III, is the CoFounder, Chief Technology Officer, Director of salesforce.com, inc. Parker Harris has served as a Director since August 2018 and as our CoFounder and Chief Technology Officer since September 2016. Mr. Harris cofounded Salesforce in February 1999 and has served in senior technical positions since inception. Prior to that, from December 2004 to February 2013, Mr. Harris served as our Executive Vice President, Technology. Prior to Salesforce, Mr. Harris was a Vice President at Left Coast Software, a Java consulting firm he cofounded, from October 1996 to February 1999. Mr. Harris received a B.A. from Middlebury College. Mr. Harriss status as one of our founders, as well as his tenure as our Chief Technology Officer, bring unique and invaluable experience to the Board. Further, his deep experience in the technology industry and intimate knowledge of Salesforce support our conclusion that Mr. Harris has the necessary and desired skills, experience and perspective to serve on our Board. since 2018.
Age 57
Tenure 6 years
Address Salesforce Tower, San Francisco, CA, United States, 94105
Phone415 901 7000
Webhttps://www.salesforce.com

Latest Insider Transactions

2024-11-05Disposed of 3970 shares @ 296.74View
2024-10-29Disposed of 4200 shares @ 298.04View
2024-10-22Disposed of 4200 shares @ 288.82View
2024-10-15Disposed of 4200 shares @ 289.87View
2024-10-08Disposed of 4200 shares @ 288.42View
2024-10-01Disposed of 4200 shares @ 271.75View
2024-09-17Disposed of 4200 shares @ 257.04View
2024-09-03Disposed of 3528 shares @ 250.59View
Harris received a B.A. from Middlebury College.

Parker Harris Latest Insider Activity

Tracking and analyzing the buying and selling activities of Parker Harris against Salesforce stock is an integral part of due diligence when investing in Salesforce. Parker Harris insider activity provides valuable insight into whether Salesforce is net buyers or sellers over its current business cycle. Note, Salesforce insiders must abide by specific rules, including filing SEC forms every time they buy or sell Salesforce'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Salesforce Management Efficiency

The company has Return on Asset of 0.0471 % which means that on every $100 spent on assets, it made $0.0471 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0973 %, implying that it generated $0.0973 on every 100 dollars invested. Salesforce's management efficiency ratios could be used to measure how well Salesforce manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.07. At this time, Salesforce's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.09, while Deferred Long Term Asset Charges is likely to drop about 21 M.
Salesforce has 13.56 B in debt with debt to equity (D/E) ratio of 0.24, which may show that the company is not taking advantage of profits from borrowing. Salesforce has a current ratio of 1.04, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Salesforce to invest in growth at high rates of return.

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Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California. Salesforce operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 78634 people. Salesforce (CRM) is traded on New York Stock Exchange in USA. It is located in Salesforce Tower, San Francisco, CA, United States, 94105 and employs 72,682 people. Salesforce is listed under Application Software category by Fama And French industry classification.

Management Performance

Salesforce Leadership Team

Elected by the shareholders, the Salesforce's board of directors comprises two types of representatives: Salesforce inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Salesforce. The board's role is to monitor Salesforce's management team and ensure that shareholders' interests are well served. Salesforce's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Salesforce's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sundeep Reddy, Executive Vice President Chief Accounting Officer
Gavin Patterson, President Chief Revenue Officer
Bret Taylor, Co-Chief Executive Officer, Vice Chairman of the Board
Suzanne DiBianca, Executive Officer
John Roos, Independent Director
Nathalie Scardino, President Officer
Joe Allanson, Chief Accounting Officer, Corporate Controller
Marc Benioff, Chairman of the Board, Co-Chief Executive Officer, Co-Founder
Parker Harris, Co-Founder, Chief Technology Officer, Director
Srinivas Tallapragada, President, Chief Engineering Officer
Paula Goldman, VP Officer
Susan Wojcicki, Independent Director
Laura Alber, Director
Cynthia Robbins, Executive Vice President - Global Employee Success
Amy Weaver, President, Legal & Corporate Affairs and General Counsel
Brent Hyder, President Chief People Officer
Alexandre Dayon, President and Chief Strategy Officer
Sabastian Niles, President Officer
Alan Hassenfeld, Independent Director
Juan Perez, Chief Officer
Bernard Tyson, Independent Director
Ariel Kelman, President Officer
Craig Conway, Independent Director
Miguel Milano, President Officer
Bill Patterson, Executive Applications
Sarah Franklin, Pres Officer
Neelie Kroes, Independent Director
Joseph Allanson, Executive Vice President, Chief Accounting Officer, Controller
Robin Washington, Independent Director
Oscar Munoz, Director
Amy JD, President CFO
Vala Afshar, Chief Evangelist
Maynard Webb, Independent Director
David Schmaier, President Officer
Stephen Fisher, Executive Data
Colin Powell, Independent Director
Brian Millham, President COO
Mark Hawkins, President, Chief Financial Officer and Principal Financial Officer
Sanford Robertson, Lead Independent Director

Salesforce Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Salesforce a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Salesforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Salesforce Stock, please use our How to Invest in Salesforce guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salesforce. If investors know Salesforce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salesforce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Dividend Share
0.8
Earnings Share
5.76
Revenue Per Share
37.632
Quarterly Revenue Growth
0.084
The market value of Salesforce is measured differently than its book value, which is the value of Salesforce that is recorded on the company's balance sheet. Investors also form their own opinion of Salesforce's value that differs from its market value or its book value, called intrinsic value, which is Salesforce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salesforce's market value can be influenced by many factors that don't directly affect Salesforce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.