Impact Capital Partners LLC Has $496,000 Stake in Salesforce Inc. $CRM

Impact Capital Partners LLC lifted its holdings in Salesforce Inc. (NYSE:CRM) by 5.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,818 shares of the CRM provider’s stock after buying an additional 88 shares during the quarter. Impact Capital Partners LLC’s holdings in Salesforce were worth $496,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Coign Capital Advisors LLC lifted its stake in shares of Salesforce by 1.7% in the 1st quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock valued at $586,000 after acquiring an additional 37 shares during the last quarter. Staley Capital Advisers Inc. increased its holdings in Salesforce by 1.1% in the first quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock worth $897,000 after purchasing an additional 38 shares in the last quarter. KDT Advisors LLC raised its holdings in shares of Salesforce by 4.1% during the first quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after purchasing an additional 38 shares during the period. Liberty One Investment Management LLC lifted its holdings in shares of Salesforce by 1.2% in the 1st quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock worth $849,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. boosted its stake in Salesforce by 7.3% during the 1st quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock valued at $154,000 after purchasing an additional 39 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors.

Insider Activity at Salesforce

In related news, Director David Blair Kirk purchased 3,400 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were acquired at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the purchase, the director directly owned 3,824 shares in the company, valued at $973,819.84. This trade represents a 801.89% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Marc Benioff sold 2,250 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $244.53, for a total value of $550,192.50. Following the transaction, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $2,912,736,456.63. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 81,000 shares of company stock worth $20,439,405. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CRM shares. Canaccord Genuity Group reduced their target price on shares of Salesforce from $350.00 to $300.00 and set a “buy” rating for the company in a research report on Thursday, September 4th. JMP Securities reissued a “market outperform” rating and issued a $430.00 price target on shares of Salesforce in a report on Tuesday, September 2nd. Erste Group Bank lowered Salesforce from a “buy” rating to a “hold” rating in a research note on Thursday, June 5th. Morgan Stanley boosted their price target on shares of Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Sanford C. Bernstein reduced their price objective on Salesforce from $255.00 to $221.00 and set an “underperform” rating on the stock in a research report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $332.58.

Salesforce Trading Down 3.3%

NYSE:CRM opened at $236.92 on Wednesday. Salesforce Inc. has a 12 month low of $226.48 and a 12 month high of $369.00. The company has a 50 day simple moving average of $248.44 and a two-hundred day simple moving average of $261.05. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The company has a market cap of $225.55 billion, a PE ratio of 34.44, a price-to-earnings-growth ratio of 2.23 and a beta of 1.22.

Salesforce (NYSE:CRM) last issued 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 firm had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior 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. Research analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Wednesday, September 17th will be given a dividend of $0.416 per share. The ex-dividend date is Wednesday, September 17th. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. Salesforce’s dividend payout ratio (DPR) 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.