Tableaux LLC Acquires Shares of 150,000 Salesforce Inc. $CRM

Key Points

• Tableaux LLC bought a new position of 150,000 shares of Salesforce (NYSE:CRM) in Q2 valued at about $40.9 million, representing roughly 2.9% of its portfolio and its sixth-largest holding.
• Salesforce beat quarterly expectations with $2.91 EPS vs $2.78 expected and revenue of $10.24B (up 9.8% YoY), set FY2026 EPS guidance of 11.330–11.370, and carries a consensus rating of "Moderate Buy" with an average price target of $323.51.
• Institutional investors own about 80.43% of Salesforce, insiders sold ~60,872 shares (~$15.06M) in the past 90 days, and the company pays a quarterly dividend of $0.416 (annualized yield ~0.7%).

Tableaux LLC bought a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 150,000 shares of the CRM provider's stock, valued at approximately $40,904,000. Salesforce comprises approximately 2.9% of Tableaux LLC's portfolio, making the stock its 6th biggest position.

Several other large investors have also made changes to their positions in the company. Avantax Advisory Services Inc. lifted its position in shares of Salesforce by 4.0% in the second quarter. Avantax Advisory Services Inc. now owns 87,331 shares of the CRM provider's stock valued at $23,814,000 after buying an additional 3,387 shares during the last quarter. Advyzon Investment Management LLC increased its holdings in shares of Salesforce by 57.4% during the 2nd quarter. Advyzon Investment Management LLC now owns 1,884 shares of the CRM provider's stock worth $514,000 after acquiring an additional 687 shares during the last quarter. Achmea Investment Management B.V. raised its stake in Salesforce by 9.2% in the 2nd quarter. Achmea Investment Management B.V. now owns 148,254 shares of the CRM provider's stock valued at $40,427,000 after acquiring an additional 12,544 shares during the period. Diversified Trust Co lifted its holdings in Salesforce by 30.1% during the 2nd quarter. Diversified Trust Co now owns 27,786 shares of the CRM provider's stock valued at $7,577,000 after purchasing an additional 6,430 shares during the last quarter. Finally, Andra AP fonden boosted its position in Salesforce by 34.4% during the second quarter. Andra AP fonden now owns 174,145 shares of the CRM provider's stock worth $47,488,000 after purchasing an additional 44,600 shares during the period. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $226.75 on Friday. Salesforce Inc. has a 12-month low of $221.96 and a 12-month high of $369.00. The company's 50 day moving average price is $244.80 and its two-hundred day moving average price is $256.22. The firm has a market cap of $215.87 billion, a PE ratio of 32.96, a PEG ratio of 2.11 and a beta of 1.19. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $10.24 billion during the quarter, compared to analysts' expectations of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Equities research analysts predict that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were given a $0.416 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce's dividend payout ratio (DPR) is presently 24.13%.

Analyst Upgrades and Downgrades

CRM has been the topic of several research analyst reports. Roth Capital reissued a "buy" rating and issued a $395.00 price objective on shares of Salesforce in a research report on Thursday, September 4th. Sanford C. Bernstein decreased their price target on shares of Salesforce from $255.00 to $221.00 and set an "underperform" rating on the stock in a research note 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 on the stock in a report on Thursday, September 4th. DA Davidson restated a "neutral" rating and set a $225.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Finally, Northland Capmk cut Salesforce from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 14th. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Salesforce presently has a consensus rating of "Moderate Buy" and an average price target of $323.51.

Insider Transactions at Salesforce

In other news, Director David Blair Kirk acquired 3,400 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was acquired at an average price of $254.66 per share, with a total value of $865,844.00. Following the completion of the transaction, the director directly owned 3,824 shares of the company's stock, valued at $973,819.84. This trade represents a 801.89% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Marc Benioff sold 2,250 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were 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 in the company, valued at approximately $2,919,406,936.39. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 60,872 shares of company stock valued at $15,058,156. 3.00% of the stock is owned by insiders.

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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