Copperleaf Capital LLC Lowers Position in Salesforce Inc. $CRM

Copperleaf Capital LLC cut its position in shares of Salesforce Inc. (NYSE:CRM) by 6.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,081 shares of the CRM provider’s stock after selling 261 shares during the quarter. Copperleaf Capital LLC’s holdings in Salesforce were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Painted Porch Advisors LLC grew its stake in shares of Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after buying an additional 65 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Salesforce by 314.8% during the first 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 in the last quarter. Christopher J. Hasenberg Inc raised its position in Salesforce by 383.3% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock worth $32,000 after buying an additional 92 shares during the last quarter. Maseco LLP bought a new position in Salesforce during the 2nd quarter valued at about $34,000. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Salesforce by 208.6% during the 2nd quarter. Quaker Wealth Management LLC now owns 126 shares of the CRM provider’s stock valued at $34,000 after acquiring an additional 242 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Insider Activity

In related news, CEO Marc Benioff sold 122 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $259.00, for a total value of $31,598.00. Following the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at approximately $3,085,096,889. The trade was a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 63,122 shares of company stock valued at $15,615,413 over the last quarter. Insiders own 3.00% of the company’s stock.

Salesforce Price Performance

Shares of NYSE:CRM opened at $233.37 on Wednesday. The company has a market capitalization of $222.17 billion, a P/E ratio of 33.92, a P/E/G ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00. The firm’s 50 day simple moving average is $245.83 and its two-hundred day simple moving average is $256.96. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate of $2.78 by $0.13. The firm had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $2.56 EPS. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Research analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were given a dividend of $0.416 per share. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s dividend payout ratio is currently 24.13%.

Analyst Ratings Changes

CRM has been the subject of several research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Salesforce in a report on Monday. Northland Securities lowered shares of Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 target price for the company. in a research note on Tuesday, October 14th. DA Davidson reissued a “neutral” rating and set a $225.00 price target on shares of Salesforce in a report on Thursday, October 16th. Oppenheimer cut their price objective on Salesforce from $370.00 to $315.00 and set an “outperform” rating for the company in a report on Tuesday, August 26th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Salesforce in a research report on Wednesday, November 12th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Salesforce currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.51.

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.