Salesforce Inc. $CRM Shares Sold by Stratos Investment Management LLC

Key Points

• Stratos Investment Management LLC reduced its stake in Salesforce Inc. by 13.8%, now holding 29,642 shares valued at approximately $8 million.
• Insider activity saw CEO Marc Benioff sell 2,250 shares at an average price of $238.37, decreasing his ownership by 0.02%.
• Salesforce recently reported quarterly earnings of $2.91 EPS, exceeding expectations, and provided FY 2026 guidance of 11.330-11.370 EPS.

Stratos Investment Management LLC lowered its stake in Salesforce Inc. (NYSE:CRM - Free Report) by 13.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,642 shares of the CRM provider's stock after selling 4,751 shares during the period. Stratos Investment Management LLC's holdings in Salesforce were worth $8,083,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider's stock worth $8,582,000 after acquiring an additional 3,102 shares during the period. Revolve Wealth Partners LLC raised its holdings in 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 in the last quarter. Bison Wealth LLC lifted its position in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider's stock valued at $747,000 after purchasing an additional 184 shares during the period. GAMMA Investing LLC boosted its holdings in Salesforce by 13.9% in the 1st quarter. GAMMA Investing LLC now owns 14,166 shares of the CRM provider's stock valued at $3,802,000 after purchasing an additional 1,725 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its position in Salesforce by 9.6% during the 1st quarter. Cornerstone Wealth Management LLC now owns 4,211 shares of the CRM provider's stock worth $1,130,000 after purchasing an additional 370 shares during the period. Hedge funds and other institutional investors own 80.43% of the company's stock.

Insider Activity at Salesforce

In related news, CEO Marc Benioff sold 2,250 shares of the business's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $238.37, for a total value of $536,332.50. Following the completion of the transaction, the chief executive officer owned 11,911,571 shares of the company's stock, valued at approximately $2,839,361,179.27. The trade was a 0.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 78,750 shares of company stock worth $19,521,495 over the last quarter. 3.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

CRM has been the subject of several recent analyst reports. Macquarie reissued a "neutral" rating and issued a $250.00 price target on shares of Salesforce in a report on Thursday. JPMorgan Chase & Co. cut their price objective on Salesforce from $380.00 to $365.00 and set an "overweight" rating for the company in a research report on Thursday, September 4th. Northland Capmk lowered shares of Salesforce from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. BMO Capital Markets lowered their price target on shares of Salesforce from $335.00 to $280.00 and set an "outperform" rating on the stock in a research note on Thursday, September 4th. Finally, Royal Bank Of Canada reduced their price objective on shares of Salesforce from $275.00 to $250.00 and set a "sector perform" rating for the company in a research note on Thursday, September 4th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $325.23.

Salesforce Stock Performance

NYSE:CRM opened at $245.09 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $233.33 billion, a P/E ratio of 35.62, a price-to-earnings-growth ratio of 2.04 and a beta of 1.19. The firm has a 50-day moving average price of $244.31 and a two-hundred day moving average price of $258.05. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00.

Salesforce (NYSE:CRM - Get Free Report) last released its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period in the prior year, the business earned $2.56 earnings per share. The company'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, research analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current fiscal 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 $0.416 dividend. This represents a $1.66 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce's dividend payout ratio is currently 24.13%.

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.

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