Salesforce (NYSE:CRM) Stock Acquired Rep. David Taylor

Representative David Taylor (R-Ohio) recently bought shares of Salesforce Inc. (NYSE:CRM). In a filing disclosed on September 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Salesforce stock on August 7th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 8/14/2025.
• Purchased $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/7/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/7/2025.
• Purchased $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/7/2025.

Salesforce Stock Up 1.6%

Shares of CRM stock opened at $256.87 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a 1 year low of $226.48 and a 1 year high of $369.00. The firm’s fifty day moving average price is $256.61 and its two-hundred day moving average price is $268.18. The firm has a market capitalization of $245.57 billion, a P/E ratio of 40.20, a PEG ratio of 2.33 and a beta of 1.22.

Salesforce (NYSE:CRM) 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. Salesforce had a net margin of 16.08% and a return on equity of 12.94%. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period in the previous year, the business earned $2.56 EPS. The company’s revenue was up 9.8% compared to the same quarter last year. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, equities analysts predict that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bernard Wealth Management Corp. acquired a new position in Salesforce in the 4th quarter valued at about $25,000. Painted Porch Advisors LLC boosted its holdings in Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Evolution Wealth Management Inc. bought a new stake in Salesforce in the 2nd quarter valued at about $27,000. Capital A Wealth Management LLC boosted its holdings in Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 90 shares during the period. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after purchasing an additional 85 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Transactions at Salesforce

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $251.66, for a total value of $566,235.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $2,997,665,957.86. The trade was a 0.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 63,827 shares of company stock valued at $16,342,398. Insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

CRM has been the topic of several recent analyst reports. Mizuho lowered their price objective on shares of Salesforce from $425.00 to $380.00 and set an “outperform” rating on the stock in a research note on Thursday, May 15th. Cantor Fitzgerald restated an “overweight” rating and set a $325.00 price objective on shares of Salesforce in a research note on Thursday, August 28th. JPMorgan Chase & Co. lowered their price objective on shares of Salesforce from $380.00 to $365.00 and set an “overweight” rating on the stock in a research note on Thursday. Erste Group Bank lowered shares of Salesforce from a “buy” rating to a “hold” rating in a research note on Thursday, June 5th. Finally, Barclays lowered their price objective on shares of Salesforce from $347.00 to $316.00 and set an “overweight” rating on the stock in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $337.82.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.