Rep. Val T. Hoyle Sells Off Shares of Salesforce Inc. (NYSE:CRM)

Key Points

• Representative Val T. Hoyle sold shares of Salesforce Inc. (NYSE:CRM) for an amount between $1,001 and $15,000 from her FIDELITY ROLLOVER IRA account on September 23rd.
• Salesforce's latest quarterly earnings report showed an EPS of $2.91, exceeding expectations of $2.78, and a revenue of $10.24 billion, reflecting a year-over-year growth of 9.8%.
• The company recently declared a quarterly dividend of $0.416, amounting to an annualized dividend of $1.66 with a yield of 0.7%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Salesforce Inc. NYSE: CRM. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Salesforce stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $242.11 on Friday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The stock has a market capitalization of $230.49 billion, a P/E ratio of 35.19, a PEG ratio of 2.12 and a beta of 1.19. The firm has a fifty day simple moving average of $244.68 and a two-hundred day simple moving average of $258.93. 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 data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $10.14 billion. During the same period last year, the company posted $2.56 EPS. The business's 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. On average, analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

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

Institutional Trading of Salesforce

Several large investors have recently made changes to their positions in the business. Marion Wealth Management boosted its holdings in shares of Salesforce by 1.1% in the 3rd quarter. Marion Wealth Management now owns 13,116 shares of the CRM provider's stock valued at $3,108,000 after acquiring an additional 137 shares during the last quarter. Arlington Financial Advisors LLC boosted its holdings in shares of Salesforce by 3.6% in the 3rd quarter. Arlington Financial Advisors LLC now owns 16,118 shares of the CRM provider's stock valued at $3,820,000 after acquiring an additional 560 shares during the last quarter. Tlwm boosted its holdings in shares of Salesforce by 33.5% in the 3rd quarter. Tlwm now owns 9,205 shares of the CRM provider's stock valued at $2,182,000 after acquiring an additional 2,309 shares during the last quarter. Thomasville National Bank boosted its holdings in shares of Salesforce by 3.4% in the 3rd quarter. Thomasville National Bank now owns 105,605 shares of the CRM provider's stock valued at $25,028,000 after acquiring an additional 3,429 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC boosted its holdings in shares of Salesforce by 22.9% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 72,608 shares of the CRM provider's stock valued at $17,452,000 after acquiring an additional 13,509 shares during the last quarter. 80.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CRM. BMO Capital Markets dropped their price target on shares of Salesforce from $335.00 to $280.00 and set an "outperform" rating for the company in a research note on Thursday, September 4th. Robert W. Baird dropped their price target on shares of Salesforce from $365.00 to $325.00 and set an "outperform" rating for the company in a research note on Thursday, September 4th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Salesforce in a research note on Saturday, September 27th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Salesforce from $400.00 to $340.00 and set a "buy" rating for the company in a research note on Thursday, September 4th. Finally, Sanford C. Bernstein dropped their price target on shares of Salesforce from $255.00 to $221.00 and set an "underperform" rating for the company in a research note on Thursday, September 4th. Twenty-six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $331.89.

Insider Activity at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of the company's stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $239.79, for a total value of $539,527.50. Following the sale, the chief executive officer directly owned 11,911,571 shares of the company's stock, valued at $2,856,275,610.09. This represents a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have sold 78,750 shares of company stock valued at $19,634,805. 3.00% of the stock is owned by corporate insiders.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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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