Salesforce Inc. $CRM Stock Holdings Increased by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL lifted its holdings in Salesforce Inc. (NYSE:CRM) by 13.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 148,484 shares of the CRM provider’s stock after purchasing an additional 17,572 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Salesforce were worth $35,191,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of CRM. Painted Porch Advisors LLC increased its stake in Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after buying an additional 65 shares during the period. Evolution Wealth Management Inc. bought a new position in shares of Salesforce in the second quarter valued at approximately $27,000. Marquette Asset Management LLC bought a new position in shares of Salesforce in the third quarter valued at approximately $26,000. Maseco LLP acquired a new position in shares of Salesforce during the second quarter valued at approximately $34,000. Finally, Spurstone Advisory Services LLC bought a new stake in Salesforce during the second quarter worth approximately $34,000. 80.43% of the stock is currently owned by institutional investors.

Salesforce Stock Down 3.6%

CRM stock opened at $225.12 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $210.94 billion, a P/E ratio of 30.06, a P/E/G ratio of 1.69 and a beta of 1.26. Salesforce Inc. has a 52-week low of $221.96 and a 52-week high of $367.09. The company’s 50 day simple moving average is $249.07 and its 200-day simple moving average is $250.01.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.39. The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.27 billion. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.41 EPS. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. As a group, equities research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 18th were given a dividend of $0.416 per share. The ex-dividend date was Thursday, December 18th. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is presently 22.16%.

Insider Activity at Salesforce

In other Salesforce news, Director G Mason Morfit bought 96,000 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were bought at an average price of $260.58 per share, for a total transaction of $25,015,680.00. Following the acquisition, the director directly owned 2,994,509 shares of the company’s stock, valued at approximately $780,309,155.22. This trade represents a 3.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Blair Kirk purchased 1,936 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average price of $258.64 per share, with a total value of $500,727.04. Following the completion of the acquisition, the director owned 10,677 shares of the company’s stock, valued at $2,761,499.28. This trade represents a 22.15% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have sold 149,927 shares of company stock worth $35,448,144. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

CRM has been the subject of a number of research reports. Guggenheim reaffirmed a “neutral” rating on shares of Salesforce in a research note on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating on shares of Salesforce in a research note on Thursday, December 4th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of Salesforce in a report on Thursday, December 4th. Citizens Jmp reissued a “market outperform” rating and issued a $430.00 price target on shares of Salesforce in a report on Tuesday, December 2nd. Finally, Royal Bank Of Canada raised their price objective on shares of Salesforce from $250.00 to $290.00 and gave the company a “sector perform” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Salesforce presently has a consensus rating of “Moderate Buy” and an average target price of $324.51.

Salesforce Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.