Fielder Capital Group LLC Has $345,000 Stock Holdings in Salesforce Inc. $CRM

Fielder Capital Group LLC lessened its holdings in shares of Salesforce Inc. (NYSE:CRM) by 9.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,267 shares of the CRM provider’s stock after selling 126 shares during the period. Fielder Capital Group LLC’s holdings in Salesforce were worth $345,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CRM. Brighton Jones LLC boosted its position in shares of Salesforce by 13.7% during the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Salesforce by 12.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Salesforce by 13.9% during the first quarter. GAMMA Investing LLC now owns 14,166 shares of the CRM provider’s stock worth $3,802,000 after purchasing an additional 1,725 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its position in shares of Salesforce by 33.9% during the first quarter. Pure Financial Advisors LLC now owns 1,833 shares of the CRM provider’s stock worth $492,000 after purchasing an additional 464 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $246.07, for a total transaction of $553,657.50. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,931,080,275.97. The trade was a 0.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David Blair Kirk purchased 3,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was bought at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the purchase, the director owned 3,824 shares in the company, valued at $973,819.84. The trade was a 801.89% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 78,750 shares of company stock worth $19,424,880 over the last 90 days. 3.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CRM. Macquarie reissued a “neutral” rating and set a $250.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Stifel Nicolaus cut their price objective on shares of Salesforce from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, October 9th. UBS Group cut their price objective on shares of Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, August 18th. KeyCorp cut their price objective on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a research report on Thursday, September 4th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $315.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and an average target price of $325.23.

Salesforce Trading Down 0.0%

Shares of NYSE:CRM opened at $254.93 on Friday. The company’s 50-day moving average price is $246.53 and its two-hundred day moving average price is $258.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The stock has a market capitalization of $242.69 billion, a PE ratio of 37.05, a price-to-earnings-growth ratio of 2.14 and a beta of 1.19.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, equities analysts forecast that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th were paid a dividend of $0.416 per share. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. Salesforce’s payout ratio is currently 24.13%.

Salesforce Company Profile

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.