Rep. Bruce Westerman Sells Salesforce, Inc. (NYSE:CRM) Stock

Representative Bruce Westerman (R-Arkansas) recently sold shares of Salesforce, Inc. NYSE: CRM. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Salesforce stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Salesforce Stock Up 0.1%

CRM stock opened at $289.18 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce, Inc. has a 1 year low of $212.00 and a 1 year high of $369.00. The company has a fifty day simple moving average of $267.33 and a 200 day simple moving average of $307.23. The firm has a market cap of $278.01 billion, a PE ratio of 47.56, a PEG ratio of 2.58 and a beta of 1.42.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Salesforce's previous quarterly dividend of $0.40. Salesforce's payout ratio is presently 26.10%.

Insider Buying and Selling at Salesforce

In other news, insider R David Schmaier sold 6,959 shares of the company's stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $253.31, for a total transaction of $1,762,784.29. Following the completion of the sale, the insider now owns 36,090 shares of the company's stock, valued at approximately $9,141,957.90. This represents a 16.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Sundeep G. Reddy sold 500 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $275.00, for a total transaction of $137,500.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,711 shares of the company's stock, valued at approximately $3,220,525. The trade was a 4.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 45,830 shares of company stock valued at $12,907,361 in the last quarter. Company insiders own 3.20% of the company's stock.

Institutional Trading of Salesforce

Several hedge funds and other institutional investors have recently modified their holdings of CRM. Regent Peak Wealth Advisors LLC grew its stake in Salesforce by 3.6% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 2,447 shares of the CRM provider's stock valued at $818,000 after buying an additional 84 shares during the last quarter. Czech National Bank grew its stake in Salesforce by 5.0% in the 4th quarter. Czech National Bank now owns 207,280 shares of the CRM provider's stock valued at $69,300,000 after buying an additional 9,885 shares during the last quarter. Aprio Wealth Management LLC grew its stake in Salesforce by 35.7% in the 4th quarter. Aprio Wealth Management LLC now owns 3,945 shares of the CRM provider's stock valued at $1,319,000 after buying an additional 1,038 shares during the last quarter. Crescent Sterling Ltd. grew its stake in Salesforce by 86.8% in the 4th quarter. Crescent Sterling Ltd. now owns 1,719 shares of the CRM provider's stock valued at $575,000 after buying an additional 799 shares during the last quarter. Finally, Winthrop Advisory Group LLC boosted its holdings in Salesforce by 2.7% in the 4th quarter. Winthrop Advisory Group LLC now owns 1,950 shares of the CRM provider's stock valued at $652,000 after purchasing an additional 51 shares during the period. Institutional investors own 80.43% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reduced their price objective on shares of Salesforce from $425.00 to $375.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Macquarie reissued a "neutral" rating and set a $320.00 target price on shares of Salesforce in a research report on Thursday, March 20th. Stifel Nicolaus cut their target price on shares of Salesforce from $425.00 to $375.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. Oppenheimer cut their target price on shares of Salesforce from $415.00 to $380.00 and set an "outperform" rating for the company in a research report on Thursday, February 27th. Finally, Bank of America cut their target price on shares of Salesforce from $440.00 to $400.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, five have given a hold rating, thirty-two have assigned a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $350.56.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Salesforce

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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