Rep. Lisa C. McClain Sells Salesforce Inc. (NYSE:CRM) Shares

Key Points

• Representative Lisa C. McClain sold shares of Salesforce Inc. (NYSE:CRM), disclosing a sale of between $1,001 and $15,000 on July 16th.
• Salesforce's stock price reached $242.78 during mid-day trading, with a 52-week range between $226.48 and $369.00.
• Analysts have mixed views on Salesforce, with target prices ranging from $243.00 to $385.00 and a consensus rating of "Moderate Buy."

Representative Lisa C. McClain (R-Michigan) recently sold shares of Salesforce Inc. NYSE: CRM. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Salesforce stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Salesforce Stock Performance

CRM stock traded up $9.41 during mid-day trading on Friday, reaching $242.78. 12,936,592 shares of the stock traded hands, compared to its average volume of 7,227,723. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The business has a 50-day moving average of $261.05 and a two-hundred day moving average of $276.65. The firm has a market capitalization of $232.10 billion, a PE ratio of 37.99, a P/E/G ratio of 2.15 and a beta of 1.37.

Salesforce (NYSE:CRM - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.55 by $0.03. Salesforce had a net margin of 16.08% and a return on equity of 12.94%. The company had revenue of $9.83 billion during the quarter, compared to analysts' expectations of $9.74 billion. During the same period in the prior year, the company earned $2.44 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts predict that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th were issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, June 18th. Salesforce's dividend payout ratio is 25.98%.

Insider Buying and Selling

In related news, CEO Marc Benioff sold 2,250 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $234.64, for a total value of $527,940.00. Following the sale, the chief executive officer directly owned 11,911,571 shares of the company's stock, valued at approximately $2,794,931,019.44. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 46,532 shares of company stock valued at $12,082,694. Insiders own 3.00% of the company's stock.

Institutional Trading of Salesforce

Institutional investors have recently bought and sold shares of the business. AIA Group Ltd grew its holdings in shares of Salesforce by 8.0% in the 1st quarter. AIA Group Ltd now owns 32,885 shares of the CRM provider's stock valued at $8,825,000 after buying an additional 2,436 shares during the period. Notis McConarty Edward grew its holdings in shares of Salesforce by 71.6% in the 1st quarter. Notis McConarty Edward now owns 3,844 shares of the CRM provider's stock valued at $1,032,000 after buying an additional 1,604 shares during the period. Leith Wheeler Investment Counsel Ltd. grew its holdings in shares of Salesforce by 43.0% in the 1st quarter. Leith Wheeler Investment Counsel Ltd. now owns 104,834 shares of the CRM provider's stock valued at $28,133,000 after buying an additional 31,537 shares during the period. Alecta Tjanstepension Omsesidigt lifted its position in Salesforce by 121.9% in the 1st quarter. Alecta Tjanstepension Omsesidigt now owns 355,000 shares of the CRM provider's stock valued at $95,222,000 after acquiring an additional 195,000 shares in the last quarter. Finally, Delaney Dennis R lifted its position in Salesforce by 66.1% in the 1st quarter. Delaney Dennis R now owns 5,694 shares of the CRM provider's stock valued at $1,528,000 after acquiring an additional 2,266 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein lifted their target price on Salesforce from $243.00 to $255.00 and gave the stock an "underperform" rating in a research report on Thursday, May 29th. Piper Sandler lifted their target price on Salesforce from $315.00 to $335.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th. Guggenheim raised Salesforce from a "sell" rating to a "neutral" rating in a research report on Monday, April 21st. Barclays decreased their target price on Salesforce from $425.00 to $347.00 and set an "overweight" rating on the stock in a research report on Thursday, May 29th. Finally, The Goldman Sachs Group lifted their target price on Salesforce from $340.00 to $385.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-seven have assigned a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $347.50.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Salesforce Company 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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