Personal CFO Solutions LLC Purchases 547 Shares of Salesforce Inc. $CRM

Personal CFO Solutions LLC raised its position in shares of Salesforce Inc. (NYSE:CRM) by 15.0% in the second quarter, Holdings Channel reports. The firm owned 4,191 shares of the CRM provider’s stock after acquiring an additional 547 shares during the quarter. Personal CFO Solutions LLC’s holdings in Salesforce were worth $1,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after acquiring an additional 3,102 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Salesforce by 12.6% in 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 during the last quarter. Bison Wealth LLC lifted its holdings 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 valued at $747,000 after purchasing an additional 184 shares in the last quarter. PFG Advisors boosted its position in shares of Salesforce by 6.0% during the first quarter. PFG Advisors now owns 2,761 shares of the CRM provider’s stock valued at $741,000 after buying an additional 157 shares during the last quarter. Finally, Wakefield Asset Management LLLP bought a new stake in Salesforce in the 1st quarter worth about $423,000. Institutional investors own 80.43% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on CRM. Wells Fargo & Company lowered their target price on shares of Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 4th. Needham & Company LLC restated a “buy” rating and set a $400.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Mizuho cut their target price on shares of Salesforce from $350.00 to $340.00 and set an “outperform” rating for the company in a research report on Monday. Citigroup increased their price target on Salesforce from $275.00 to $276.00 and gave the company a “neutral” rating in a report on Tuesday, September 9th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $395.00 price objective on shares of Salesforce in a report on Thursday, September 4th. Twenty-five equities 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, Salesforce currently has an average rating of “Moderate Buy” and an average price target of $323.51.

Insider Transactions at Salesforce

In other Salesforce news, CEO Marc Benioff sold 122 shares of Salesforce stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $259.00, for a total transaction of $31,598.00. Following the transaction, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $3,085,096,889. The trade was a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have sold 60,872 shares of company stock valued at $15,058,156. Corporate insiders own 3.00% of the company’s stock.

Salesforce Trading Down 1.0%

NYSE:CRM opened at $225.53 on Friday. Salesforce Inc. has a one year low of $223.30 and a one year high of $369.00. The business has a fifty day moving average price of $245.12 and a 200-day moving average price of $256.54. The firm has a market capitalization of $214.70 billion, a price-to-earnings ratio of 32.78, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. 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 (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts forecast that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors 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 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s payout ratio is 24.13%.

About Salesforce

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.