Salesforce Inc. $CRM Position Trimmed by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC decreased its holdings in Salesforce Inc. (NYSE:CRM) by 30.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,550 shares of the CRM provider’s stock after selling 2,900 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Salesforce were worth $1,786,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of CRM. Brighton Jones LLC raised its holdings in Salesforce by 13.7% during the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after buying an additional 3,102 shares during the period. Revolve Wealth Partners LLC boosted its holdings 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 during the period. Bison Wealth LLC increased its stake in Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after buying an additional 184 shares during the period. Leavell Investment Management Inc. grew its holdings in shares of Salesforce by 17.3% during the 1st quarter. Leavell Investment Management Inc. now owns 2,894 shares of the CRM provider’s stock valued at $777,000 after acquiring an additional 426 shares in the last quarter. Finally, CFO4Life Group LLC grew its holdings in shares of Salesforce by 12.2% during the 1st quarter. CFO4Life Group LLC now owns 866 shares of the CRM provider’s stock valued at $232,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Buying and Selling at Salesforce

In related news, CEO Marc Benioff sold 122 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $259.00, for a total transaction of $31,598.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, 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 legal filing with the SEC, which is available at this link. Insiders have sold a total of 74,372 shares of company stock valued at $18,317,866 in the last three months. 3.00% of the stock is currently owned by company insiders.

Salesforce Price Performance

NYSE CRM opened at $239.92 on Friday. The stock has a 50-day simple moving average of $247.41 and a 200 day simple moving average of $258.16. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00. The stock has a market capitalization of $228.40 billion, a PE ratio of 34.87, a P/E/G ratio of 2.11 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current 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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter last year, the firm posted $2.56 EPS. The company’s revenue was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Dividend Announcement

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

Analyst Ratings Changes

CRM has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Salesforce in a report on Tuesday, October 14th. Canaccord Genuity Group dropped their price objective on Salesforce from $350.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, September 4th. Macquarie reiterated a “neutral” rating and issued a $250.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Cantor Fitzgerald restated an “overweight” rating and set a $325.00 price target on shares of Salesforce in a report on Thursday, October 16th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $375.00 price objective on shares of Salesforce in a research note on Thursday, October 16th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $325.23.

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.