Etrade Capital Management Trimmed Holding in Baidu (BIDU) by $1.01 Million; As Salesforce.Com (CRM) Stock Value Declined, Holder Ithaka Group Cut Its Stake

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Etrade Capital Management Llc decreased its stake in Baidu Inc (BIDU) by 35.11% based on its latest 2018Q3 regulatory filing with the SEC. Etrade Capital Management Llc sold 4,451 shares as the company’s stock declined 16.10% with the market. The institutional investor held 8,228 shares of the technology company at the end of 2018Q3, valued at $1.88 million, down from 12,679 at the end of the previous reported quarter. Etrade Capital Management Llc who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $58.79 billion market cap company. The stock decreased 0.72% or $1.23 during the last trading session, reaching $168.67. About 1.19 million shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 23.09% since February 11, 2018 and is downtrending. It has underperformed by 23.09% the S&P500. Some Historical BIDU News: 26/04/2018 – BAIDU 1Q ADJ PROFIT PER ADS $2.60, EST. $1.67; 27/04/2018 – ADRs End Mostly Higher; Baidu Trades Actively; 26/03/2018 – Marbridge [Reg]: Rumor: Baidu among First Batch of Firms in CDR Pilot; 09/05/2018 – Candriam Adds Ecopetrol, Exits SQM, Cuts Baidu: 13F; 22/03/2018 – Baidu Receives First Batch of Licenses to Conduct Road Tests for Autonomous Cars in BeĆ­jing; 10/04/2018 – Fitch Rates Baidu’s USD Notes Final ‘A’; 17/04/2018 – Alibaba, Baidu, JD.com to list in China as early as June, sources say; 18/05/2018 – BAIDU PROMOTES HAIFENG WANG TO SVP; 16/03/2018 – Baidu Announces Strategic Partnership With Skyworth for Smart Homes; 02/04/2018 – CHONGQING SOKON INDUSTRY 601127.SS SAYS IT SIGNS STRATEGIC AGREEMENT WITH BAIDU ON AREAS INCLUDING AUTOPILOT

Ithaka Group Llc decreased its stake in Salesforce.Com Inc (CRM) by 6.32% based on its latest 2018Q3 regulatory filing with the SEC. Ithaka Group Llc sold 19,576 shares as the company’s stock declined 9.28% with the market. The institutional investor held 290,109 shares of the prepackaged software company at the end of 2018Q3, valued at $46.14 million, down from 309,685 at the end of the previous reported quarter. Ithaka Group Llc who had been investing in Salesforce.Com Inc for a number of months, seems to be less bullish one the $123.48B market cap company. The stock increased 3.02% or $4.74 during the last trading session, reaching $161.4. About 3.33 million shares traded. salesforce.com, inc. (NYSE:CRM) has risen 31.90% since February 11, 2018 and is uptrending. It has outperformed by 31.90% the S&P500. Some Historical CRM News: 20/03/2018 – Yahoo! Finance: Exclusive: Salesforce in advanced talks to buy MuleSoft; 20/04/2018 – Salesforce CEO Made 30 Times Typical Worker Last Year, But Ratio Should Have Been Much Higher — MarketWatch; 29/05/2018 – Salesforce Results Should See a Boost From Robust Tech Spending — Earnings Preview; 09/03/2018 – SALESFORCE.COM – COS WILL INITIALLY DELIVER 2 NEW INTEGRATIONS TO DRIVE BRAND ENGAGEMENT, BOOST TEAM PRODUCTIVITY; 11/04/2018 – Salesforce Customers Drive New Levels of Productivity and Innovation with Lightning; 28/03/2018 – Pegasystems Appoints Pat Dwyer as North American Vice President of Sales for Communications, Media, and Consumer Services; 21/03/2018 – Salesforce.com (CRM) Salesforce Signs Definitive Agreement to Acquire MuleSoft (Transcript); 21/03/2018 – Salesforce’s pricey MuleSoft deal could force rivals to pay up for software companies; 20/03/2018 – MULESOFT INC – SALESFORCE HAS OBTAINED A COMMITMENT FROM BOFA MERRILL LYNCH FOR A $3.0 BLN BRIDGE LOAN FACILITY; 24/04/2018 – Salesforce announces $2.2 bln French investment as Macron meets Trump

Among 59 analysts covering Salesforce.com (NYSE:CRM), 54 have Buy rating, 0 Sell and 5 Hold. Therefore 92% are positive. Salesforce.com had 277 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, November 19 by Pacific Crest. The firm has “Buy” rating given on Thursday, March 1 by Stephens. Stifel Nicolaus maintained salesforce.com, inc. (NYSE:CRM) on Wednesday, August 23 with “Buy” rating. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, August 21. The stock of salesforce.com, inc. (NYSE:CRM) earned “Hold” rating by Wedbush on Friday, August 28. The rating was maintained by Jefferies on Friday, June 16 with “Hold”. The rating was maintained by Mizuho on Tuesday, August 22 with “Buy”. The firm earned “Overweight” rating on Thursday, May 19 by JP Morgan. The stock of salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by Barclays Capital on Wednesday, August 15. The company was maintained on Wednesday, November 22 by Wells Fargo.

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 $175.96 million for 175.43 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.

Since August 15, 2018, it had 2 buys, and 184 sales for $214.81 million activity. On Saturday, August 25 Harris Parker sold $115,165 worth of salesforce.com, inc. (NYSE:CRM) or 760 shares. On Monday, October 22 the insider Tallapragada Srinivas sold $65,751. On Thursday, December 13 the insider BLOCK KEITH sold $305,640. $133,517 worth of salesforce.com, inc. (NYSE:CRM) was sold by Hawkins Mark J. 653 shares were sold by Robbins Cynthia G., worth $91,353 on Monday, October 22. $25,742 worth of stock was sold by Conway Craig on Thursday, November 15.

Investors sentiment decreased to 1.52 in 2018 Q3. Its down 0.09, from 1.61 in 2018Q2. It dived, 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. Birch Hill Inv Limited Liability Corporation stated it has 0.08% in salesforce.com, inc. (NYSE:CRM). Parallax Volatility Advisers LP reported 159,681 shares stake. Plante Moran Fin Advisors Ltd Liability has 0.03% invested in salesforce.com, inc. (NYSE:CRM) for 520 shares. Shamrock Asset Mngmt Llc reported 280 shares. Hall Laurie J Trustee holds 250 shares or 0.02% of its portfolio. Los Angeles Cap And Equity Research Inc holds 0.61% in salesforce.com, inc. (NYSE:CRM) or 734,895 shares. 10,806 were accumulated by Allen Operations Ltd Liability. Kings Point Cap Management invested 0.01% in salesforce.com, inc. (NYSE:CRM). Hollencrest Cap Mngmt reported 0.17% stake. 840 are owned by Clearbridge Lc. Cleararc Cap Inc owns 0.41% invested in salesforce.com, inc. (NYSE:CRM) for 19,566 shares. Eqis Capital Mngmt accumulated 3,388 shares. Prio Wealth Ltd Partnership stated it has 356,022 shares. De Burlo Gru reported 138,400 shares. Hbk Sorce Advisory Limited Liability Corporation holds 0.08% or 4,628 shares.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Investorplace.com which released: “10 Monster Growth Stocks to Buy for 2019 and Beyond – Investorplace.com” on February 08, 2019, also Seekingalpha.com with their article: “Salesforce +2% on new Health Cloud tools – Seeking Alpha” published on February 11, 2019, Forbes.com published: “Salesforce.com To Post $13 Billion+ In Revenues On The Back Of CRM Segment – Forbes” on January 14, 2019. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Fool.com and their article: “Will Zendesk CRM Take a Bite Out of Salesforce and HubSpot? – Motley Fool” published on January 21, 2019 as well as Fool.com‘s news article titled: “The Best Big-Data Stock to Buy in 2019 – The Motley Fool” with publication date: January 27, 2019.

Among 27 analysts covering Baidu (NASDAQ:BIDU), 15 have Buy rating, 2 Sell and 10 Hold. Therefore 56% are positive. Baidu had 78 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies downgraded the stock to “Hold” rating in Tuesday, January 23 report. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Underperform” rating by Bernstein on Wednesday, January 11. Oppenheimer maintained Baidu, Inc. (NASDAQ:BIDU) rating on Monday, August 3. Oppenheimer has “Outperform” rating and $200 target. As per Wednesday, October 7, the company rating was downgraded by Daiwa Securities. On Wednesday, May 11 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm has “Sector Weight” rating given on Tuesday, July 28 by KeyBanc Capital Markets. The rating was initiated by Credit Suisse on Wednesday, July 20 with “Outperform”. Jefferies maintained Baidu, Inc. (NASDAQ:BIDU) on Wednesday, February 14 with “Hold” rating. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Buy” rating given on Friday, April 29 by Brean Capital. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Neutral” rating by Macquarie Research on Friday, October 28.

Etrade Capital Management Llc, which manages about $2.37B and $3.48B US Long portfolio, upped its stake in Target Corp (NYSE:TGT) by 5,416 shares to 13,874 shares, valued at $1.22M in 2018Q3, according to the filing. It also increased its holding in Infosys Ltd (NYSE:INFY) by 66,766 shares in the quarter, for a total of 133,284 shares, and has risen its stake in Northrop Grumman Corp (NYSE:NOC).

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