Talon Private Wealth LLC Lowers Holdings in Salesforce Inc. $CRM

Key Points

• Talon Private Wealth cut its Salesforce position by 55.1% in the second quarter, selling 2,348 shares and retaining 1,912 shares valued at approximately $300,000.
• Salesforce reported strong quarterly results, with EPS of $5.90 versus the $3.27 consensus estimate and revenue up 10.8% year over year to $11.35 billion.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $267.12, although insider selling and competitive risks remain concerns.

Talon Private Wealth LLC reduced its position in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 55.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,912 shares of the CRM provider's stock after selling 2,348 shares during the quarter. Talon Private Wealth LLC's holdings in Salesforce were worth $300,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Salesforce during the 4th quarter worth $25,000. ABS Direct Equity Fund LLC bought a new stake in shares of Salesforce in the second quarter valued at about $25,000. Manning & Napier Advisors LLC purchased a new stake in Salesforce in the second quarter worth about $26,000. Gilpin Wealth Management LLC bought a new position in Salesforce during the 4th quarter worth about $26,000. Finally, Persistent Asset Partners Ltd bought a new stake in shares of Salesforce in the 2nd quarter valued at about $27,000. 80.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Salesforce

In related news, Director Craig Conway sold 4,500 shares of the business's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the transaction, the director directly owned 5,437 shares in the company, valued at $1,416,936.57. The trade was a 45.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.50% of the stock is owned by insiders.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI acquisition strategy is accelerating. Salesforce completed its acquisition of Fin, formerly Intercom, adding an AI customer-agent platform, a technical AI team and more than 30,000 customers. The company is also reportedly in talks to acquire voice-AI market-research startup Listen Labs for approximately $2 billion, potentially strengthening its customer-data and AI capabilities. Salesforce Completes Acquisition of Fin Salesforce Eyes $2 Billion Acquisition of Listen Labs
• Positive Sentiment: Salesforce is expanding its enterprise AI ecosystem. Its new Enterprise AI Harness is designed to coordinate multiple models and agents using shared business context, while the Claudeforce partnership with Anthropic combines Claude with Salesforce CRM. These initiatives support the company’s argument that Agentforce and related products can drive future growth. Salesforce’s Enterprise AI Harness Salesforce and Anthropic Announce Claudeforce
• Positive Sentiment: Recent fundamentals remain supportive. Salesforce’s latest quarter beat EPS estimates by a wide margin, revenue increased 10.8% year over year, and profitability improved. This strong report helped reverse the market’s earlier concern that AI would undermine Salesforce’s core business.
• Neutral Sentiment: Investor attention is unusually high. Zacks identifies CRM as a trending stock, while analysts and investors weigh its earnings momentum, Agentforce growth and upcoming Dreamforce commentary. Some coverage frames the recent rally as a reason to take profits rather than add exposure. Salesforce Is a Trending Stock
• Negative Sentiment: Competitive and technical risks remain. Microsoft is marketing an AI-powered migration tool to win Salesforce customers for Dynamics 365, while AI-native startup Lightfield raised $47 million to develop a potential Salesforce alternative. Technical analysts also warn that CRM may be running into chart resistance after its sharp advance, and some investors question whether rising debt and acquisition spending increase risk.

Salesforce Stock Up 1.8%

Shares of Salesforce stock opened at $247.41 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. The company has a market cap of $203.62 billion, a P/E ratio of 22.55, a PEG ratio of 1.11 and a beta of 1.20. The firm's 50 day moving average price is $200.54 and its 200-day moving average price is $187.17. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $269.11.

Salesforce (NYSE:CRM - Get Free Report) last posted its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating analysts' consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to analysts' expectations of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. Salesforce's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, sell-side analysts predict that Salesforce Inc. will post 12.83 EPS for the current fiscal year.

Salesforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce's dividend payout ratio (DPR) is presently 16.04%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Salesforce from $240.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Roth Capital reissued a "buy" rating and issued a $325.00 price objective on shares of Salesforce in a research note on Thursday, May 28th. Bank of America assumed coverage on Salesforce in a report on Monday, May 18th. They set an "underperform" rating and a $160.00 target price for the company. Erste Group Bank raised Salesforce from a "hold" rating to a "buy" rating in a research report on Wednesday, August 5th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Salesforce in a report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, Salesforce currently has a consensus rating of "Moderate Buy" and an average target price of $267.12.

About Salesforce

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company's product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.

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