Salesforce Inc. $CRM Shares Purchased by WBI Investments LLC

WBI Investments LLC raised its holdings in shares of Salesforce Inc. (NYSE:CRM) by 317.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 4,697 shares of the CRM provider’s stock after acquiring an additional 3,572 shares during the quarter. WBI Investments LLC’s holdings in Salesforce were worth $1,281,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Painted Porch Advisors LLC boosted its position in Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after purchasing an additional 65 shares during the period. CBIZ Investment Advisory Services LLC boosted its position in shares of Salesforce by 314.8% in the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock worth $30,000 after buying an additional 85 shares during the period. Christopher J. Hasenberg Inc boosted its position in shares of Salesforce by 383.3% in the second quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock worth $32,000 after buying an additional 92 shares during the period. Maseco LLP purchased a new stake in shares of Salesforce during the 2nd quarter valued at about $34,000. Finally, Quaker Wealth Management LLC raised its holdings in shares of Salesforce by 208.6% during the 2nd quarter. Quaker Wealth Management LLC now owns 126 shares of the CRM provider’s stock valued at $34,000 after buying an additional 242 shares during the period. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CRM. KeyCorp lowered their price objective on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday, September 4th. Robert W. Baird lowered their price target on shares of Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Northland Capmk lowered shares of Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. BMO Capital Markets lowered their target price on Salesforce from $335.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday, September 4th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Salesforce in a research report on Wednesday, November 12th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and a consensus target price of $323.51.

Salesforce Stock Performance

Shares of CRM stock opened at $236.86 on Tuesday. The stock has a market capitalization of $225.49 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The company’s 50-day simple moving average is $246.21 and its 200-day simple moving average is $257.25. 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 announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the firm posted $2.56 earnings per share. Salesforce’s revenue for the quarter was up 9.8% compared to the same quarter last year. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Equities analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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

Insider Transactions at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $243.91, for a total value of $548,797.50. Following the completion of the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at approximately $2,905,351,282.61. The trade was a 0.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Blair Kirk acquired 3,400 shares of the company’s stock in a transaction that occurred 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 owned 3,824 shares of the company’s stock, valued at $973,819.84. This trade represents a 801.89% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders sold 65,372 shares of company stock worth $16,169,071. Insiders own 3.00% of the company’s stock.

Salesforce 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.