GAMMA Investing LLC Has $4.22 Million Stake in Salesforce Inc. $CRM

Key Points

• GAMMA Investing LLC increased its stake in Salesforce Inc. by acquiring 1,291 additional shares, bringing its total holdings to 15,457 shares worth approximately $4.2 million.
• Salesforce has set its FY 2026 earnings guidance at $11.330-11.370 EPS, indicating positive growth after reporting a 9.8% year-over-year revenue increase for the last quarter.
• The company announced a quarterly dividend of $0.416 per share, with an annualized dividend yield of 0.7%, reflecting a payout ratio of 24.13%.

GAMMA Investing LLC grew its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 9.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,457 shares of the CRM provider's stock after buying an additional 1,291 shares during the quarter. GAMMA Investing LLC's holdings in Salesforce were worth $4,215,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CRM. Bernard Wealth Management Corp. acquired a new position in shares of Salesforce in the fourth quarter valued at approximately $25,000. Painted Porch Advisors LLC increased its stake in Salesforce by 260.0% during the second quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider's stock valued at $25,000 after acquiring an additional 65 shares during the period. Wood Tarver Financial Group LLC acquired a new position in shares of Salesforce in the 4th quarter worth approximately $35,000. Capital A Wealth Management LLC lifted its stake in shares of Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider's stock valued at $30,000 after purchasing an additional 90 shares during the period. Finally, CBIZ Investment Advisory Services LLC increased its holdings in Salesforce by 314.8% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider's stock worth $30,000 after purchasing an additional 85 shares in the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Salesforce Stock Up 1.0%

CRM traded up $2.55 on Monday, hitting $249.64. The company had a trading volume of 7,518,279 shares, compared to its average volume of 10,219,225. Salesforce Inc. has a 52-week low of $226.48 and a 52-week high of $369.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a fifty day simple moving average of $250.58 and a 200-day simple moving average of $262.38. The firm has a market capitalization of $237.66 billion, a P/E ratio of 36.28, a P/E/G ratio of 2.25 and a beta of 1.22.

Salesforce (NYSE:CRM - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The firm had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.14 billion. During the same period in the previous year, the firm posted $2.56 EPS. The business's quarterly 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. As a group, equities analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. Salesforce's dividend payout ratio is presently 24.13%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRM. Robert W. Baird decreased their price objective on Salesforce from $365.00 to $325.00 and set an "outperform" rating for the company in a report on Thursday, September 4th. Roth Capital restated a "buy" rating and set a $395.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. Barclays lowered their price objective on shares of Salesforce from $347.00 to $316.00 and set an "overweight" rating for the company in a research report on Monday, August 18th. Needham & Company LLC reiterated a "buy" rating and issued a $400.00 target price on shares of Salesforce in a research note on Thursday, September 4th. Finally, DA Davidson upgraded shares of Salesforce from an "underperform" rating to a "neutral" rating and set a $225.00 price objective for the company in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $332.58.

Insider Transactions at Salesforce

In other news, Director David Blair Kirk acquired 3,400 shares of the company's stock in a transaction dated Tuesday, September 9th. The shares were bought at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the completion of the purchase, the director directly owned 3,824 shares of the company's stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $245.09, for a total transaction of $551,452.50. Following the completion of the transaction, the chief executive officer directly owned 11,911,571 shares of the company's stock, valued at approximately $2,919,406,936.39. This represents a 0.02% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 74,250 shares of company stock worth $18,844,155. 3.00% of the stock is owned by corporate insiders.

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.