Maridea Wealth Management LLC Acquires New Stake in Salesforce Inc. $CRM

Key Points

• Maridea Wealth Management acquired 2,911 Salesforce shares worth approximately $456,000 in the second quarter, while institutional investors and hedge funds collectively own 80.43% of CRM stock.
• Analyst sentiment remains generally positive: Salesforce has a consensus “Moderate Buy” rating and a $249.05 average price target, although some firms recently downgraded the stock to “Hold.”
• Salesforce exceeded quarterly expectations with $3.88 EPS and $11.13 billion in revenue, while growth opportunities in Agentforce and a major share-repurchase program support the outlook; however, competition from AI-native tools remains a concern.

Maridea Wealth Management LLC bought a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,911 shares of the CRM provider's stock, valued at approximately $456,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce in the fourth quarter worth approximately $25,000. Key Capital Management INC acquired a new stake in Salesforce during the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce during the 4th quarter valued at approximately $26,000. Swiss RE Ltd. bought a new position in Salesforce during the 4th quarter worth approximately $28,000. Finally, Birchwood Financial Partners Inc. bought a new position in Salesforce during the 4th quarter worth approximately $28,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRM. Wolfe Research lowered shares of Salesforce from an "outperform" rating to a "hold" rating in a research note on Wednesday, July 1st. Citigroup raised shares of Salesforce from a "hold" rating to a "buy" rating in a research note on Wednesday, July 1st. Scotiabank lowered shares of Salesforce from a "sector outperform" rating to a "sector perform" rating in a report on Thursday, June 18th. Erste Group Bank raised shares of Salesforce from a "hold" rating to a "buy" rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group upgraded Salesforce from a "buy" rating to a "buy" rating in a report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $249.05.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: JPMorgan resumed coverage with an Overweight rating and a $250 price target, citing potential acceleration in Salesforce’s core business during the second half of the year. The target implies more than 24% upside from recent levels. JPMorgan bullish Salesforce coverage
• Positive Sentiment: Monness Crespi & Hardt raised its Salesforce price target to $222 from $200 and maintained a Buy rating. UBS and Wells Fargo also reportedly forecast strong appreciation, reinforcing improving sell-side sentiment. Monness Crespi Salesforce price target
• Positive Sentiment: Salesforce’s Agentforce platform is gaining traction, giving the company a way to use its large CRM customer base to compete with Microsoft and Oracle in enterprise “agentic” AI. Salesforce agentic AI analysis
• Positive Sentiment: A Seeking Alpha analysis argues that Salesforce’s $27.1 billion share-repurchase program, equivalent to an estimated 23% net buyback yield, could support earnings-per-share growth. The stock also appears inexpensive at roughly 14 times forward earnings, although buybacks have increased debt. Salesforce buyback analysis
• Neutral Sentiment: Salesforce has recently posted strong momentum, with reports noting three consecutive weeks of gains and substantial one-month appreciation. That run may be encouraging investors, but it also raises the possibility of profit-taking.
• Negative Sentiment: Parnassus Investments indicated that Salesforce has lost favor as AI opportunities shift toward competing or substitute technologies. Other commentary likewise warns that alternative software and AI-native tools threaten Salesforce’s traditional CRM franchise. Salesforce AI competition concerns

Salesforce Stock Performance

NYSE:CRM opened at $195.86 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The company has a fifty day moving average of $171.41 and a 200-day moving average of $182.28. The firm has a market capitalization of $160.41 billion, a P/E ratio of 22.67, a P/E/G ratio of 1.06 and a beta of 1.16.

Salesforce (NYSE:CRM - Get Free Report) last issued its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. Salesforce's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, sell-side analysts anticipate that Salesforce Inc. will post 10.27 EPS for the current year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce's dividend payout ratio is currently 20.37%.

Salesforce Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.

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