Salesforce Inc. $CRM Shares Sold by Caxton Associates LLP

Key Points

• Caxton Associates cut its Salesforce stake by 92.6% in the first quarter, selling 18,669 shares and retaining 1,484 shares worth approximately $277,000. Institutional investors and hedge funds collectively own 80.43% of Salesforce.
• Salesforce reported quarterly earnings of $3.88 per share on $11.13 billion in revenue, exceeding analyst estimates and representing 13.3% year-over-year revenue growth. The company also issued FY 2027 EPS guidance of $14.06–$14.12.
• Shares opened at $181.42 and were trading up 4.5%, while analysts maintained a consensus “Moderate Buy” rating with an average price target of $249.51. Salesforce also pays a quarterly dividend of $0.44 per share, yielding about 1.0% annually.

Caxton Associates LLP reduced its holdings in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 92.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,484 shares of the CRM provider's stock after selling 18,669 shares during the period. Caxton Associates LLP's holdings in Salesforce were worth $277,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Clarkston Capital Partners LLC acquired a new stake in shares of Salesforce in the first quarter valued at $1,986,000. Pincus Capital Management LP increased its holdings in Salesforce by 1.6% during the 1st quarter. Pincus Capital Management LP now owns 6,059 shares of the CRM provider's stock worth $1,131,000 after purchasing an additional 95 shares during the period. Inceptionr LLC increased its holdings in Salesforce by 11.9% during the 1st quarter. Inceptionr LLC now owns 2,375 shares of the CRM provider's stock worth $443,000 after purchasing an additional 253 shares during the period. Liberty One Investment Management LLC raised its position in Salesforce by 71.3% in the 1st quarter. Liberty One Investment Management LLC now owns 3,964 shares of the CRM provider's stock valued at $740,000 after purchasing an additional 1,650 shares in the last quarter. Finally, RMG Wealth Management LLC raised its position in Salesforce by 63.0% in the 1st quarter. RMG Wealth Management LLC now owns 326 shares of the CRM provider's stock valued at $58,000 after purchasing an additional 126 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: A three-year U.S. Department of Veterans Affairs agreement with a potential value of $1.6 billion is strengthening Salesforce’s government-cloud narrative. The contract expands use of Missionforce, Agentforce, Slack, MuleSoft, Tableau and Data 360 across the VA’s nationwide network, highlighting demand for Salesforce’s AI agents and unified data platform. Will Salesforce’s (CRM) US$1.6 Billion VA AI Deal Redefine Its Government-Cloud Narrative?
• Positive Sentiment: Salesforce was among the enterprise-software leaders in a broad rebound, with investors rotating toward companies positioned to benefit from AI adoption. The sector rally helped lift sentiment after a period of heavy selling. Salesforce Surges 7%, ServiceNow Jumps 8%, Workday Jumps 10% as Software Rebounds on AI Rotation
• Positive Sentiment: Commentary on Salesforce’s earnings move points to continued investor interest following its latest quarterly results, when the company exceeded consensus expectations for both earnings and revenue. The beat supports the view that cost discipline and AI-related products can drive growth. Why Did Salesforce Lead Index Gainers After Its Earnings Move?
• Neutral Sentiment: Night View Capital describes AI as a transformative, economy-wide technology and cites Salesforce as an important platform for corporate AI deployment. The discussion is supportive of the long-term thesis but does not represent a new contract or change to financial guidance. Salesforce’s Impact on AI Deployment in Corporate Environments
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” view, while investors weigh Salesforce against other beaten-down Dow companies as a potential dip-buying opportunity. Salesforce Receives Consensus Rating of Moderate Buy
• Negative Sentiment: Despite the rebound, Salesforce remains well below its 52-week high, reflecting lingering concerns about software-sector valuations, competition and the pace at which AI investments translate into recurring revenue. Disney or Salesforce: Which Beaten-Down Dow Giant Is the Smarter Dip-Buy?

Salesforce Trading Up 4.5%

NYSE:CRM opened at $181.42 on Wednesday. The stock has a 50-day simple moving average of $170.00 and a 200-day simple moving average of $186.08. The stock has a market cap of $148.58 billion, a P/E ratio of 21.00, a P/E/G ratio of 0.94 and a beta of 1.18. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $274.00. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79.

Salesforce (NYSE:CRM - Get Free Report) last issued its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share 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 return on equity of 18.72% and a net margin of 18.73%.The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $2.58 EPS. 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, analysts anticipate that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th were issued a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.0%. Salesforce's dividend payout ratio (DPR) is presently 20.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CRM shares. Guggenheim raised Salesforce from a "neutral" rating to a "buy" rating and set a $228.00 price objective for the company in a research report on Wednesday, July 1st. Bank of America started coverage on shares of Salesforce in a report on Monday, May 18th. They issued an "underperform" rating and a $160.00 target price on the stock. Citizens Jmp reiterated a "market outperform" rating and issued a $315.00 price target on shares of Salesforce in a research note on Thursday, May 28th. DA Davidson lowered their price target on shares of Salesforce from $200.00 to $175.00 and set a "neutral" rating for the company in a report on Thursday, May 28th. Finally, BTIG Research reissued a "buy" rating and issued a $255.00 price objective on shares of Salesforce in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $249.51.

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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