Capital Advisors Inc. OK Sells 66 Shares of Salesforce Inc. $CRM

Capital Advisors Inc. OK lessened its holdings in Salesforce Inc. (NYSE:CRM) by 7.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 807 shares of the CRM provider’s stock after selling 66 shares during the quarter. Capital Advisors Inc. OK’s holdings in Salesforce were worth $220,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Salesforce during the first quarter valued at approximately $2,039,196,000. Longview Partners Guernsey LTD bought a new stake in shares of Salesforce during the 1st quarter worth approximately $467,944,000. Pacer Advisors Inc. boosted its holdings in shares of Salesforce by 1,744.0% in the 1st quarter. Pacer Advisors Inc. now owns 1,820,262 shares of the CRM provider’s stock valued at $488,486,000 after buying an additional 1,721,550 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Salesforce by 1.6% in the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after buying an additional 1,383,942 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. acquired a new position in Salesforce during the first quarter worth $345,100,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Performance

NYSE:CRM opened at $245.85 on Tuesday. The stock has a market cap of $234.05 billion, a P/E ratio of 35.73, a PEG ratio of 2.08 and a beta of 1.19. The stock has a 50 day simple moving average of $246.17 and a 200 day simple moving average of $259.80. The company has a current ratio of 1.12, a quick ratio of 1.12 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.

Salesforce (NYSE:CRM) last issued its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $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 anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be paid a $0.416 dividend. The ex-dividend date is Wednesday, September 17th. This represents a $1.66 annualized dividend and a yield of 0.7%. Salesforce’s payout ratio is 24.13%.

Insider Transactions at Salesforce

In other Salesforce news, Director David Blair Kirk bought 3,400 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were purchased at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the transaction, the director directly owned 3,824 shares in the company, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $236.38, for a total transaction of $531,855.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares in the company, valued at $2,815,657,152.98. This represents a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 78,750 shares of company stock valued at $19,747,868 in the last three months. Insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CRM. Wells Fargo & Company cut their price target on shares of Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research note on Thursday, September 4th. KeyCorp cut their target price on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating for the company in a research note on Thursday, September 4th. Oppenheimer lowered their price target on Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 26th. Barclays cut their price objective on Salesforce from $347.00 to $316.00 and set an “overweight” rating for the company in a research report on Monday, August 18th. Finally, Roth Capital reissued a “buy” rating and set a $395.00 target price on shares of Salesforce in a report 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 given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $332.58.

Salesforce 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.