Salesforce Inc. $CRM Shares Acquired by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its holdings in shares of Salesforce Inc. (NYSE:CRMFree Report) by 55.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 63,119 shares of the CRM provider’s stock after acquiring an additional 22,445 shares during the period. Vinva Investment Management Ltd’s holdings in Salesforce were worth $17,258,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CRM. Nuveen LLC acquired a new position in shares of Salesforce during the 1st quarter worth approximately $2,039,196,000. Laurel Wealth Advisors LLC lifted its holdings in Salesforce by 27,361.5% during the second quarter. Laurel Wealth Advisors LLC now owns 3,424,169 shares of the CRM provider’s stock valued at $933,737,000 after purchasing an additional 3,411,700 shares in the last quarter. Acadian Asset Management LLC grew its position in shares of Salesforce by 1,729.6% in the second quarter. Acadian Asset Management LLC now owns 1,973,141 shares of the CRM provider’s stock valued at $538,020,000 after purchasing an additional 1,865,297 shares during the period. Longview Partners Guernsey LTD purchased a new stake in shares of Salesforce during the first quarter worth about $467,944,000. Finally, Vanguard Group Inc. raised its position in shares of Salesforce by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock worth $23,592,501,000 after purchasing an additional 1,383,942 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Down 2.5%

Shares of NYSE:CRM opened at $228.27 on Thursday. The company has a market capitalization of $217.31 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 12-month low of $221.96 and a 12-month high of $369.00. The business has a 50-day moving average price of $244.10 and a 200 day moving average price of $255.09. 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 (NYSE:CRMGet Free Report) last announced its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.13. The company had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. Salesforce’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Wall Street Zen lowered Salesforce from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. UBS Group dropped their price objective on shares of Salesforce from $300.00 to $260.00 and set a “neutral” rating for the company in a research note on Monday, August 18th. Northland Capmk cut Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. DA Davidson restated a “neutral” rating and issued a $225.00 price target on shares of Salesforce in a research report on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Salesforce from $400.00 to $340.00 and set a “buy” rating on the stock in a research note on Thursday, September 4th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $322.86.

Read Our Latest Research Report on CRM

Insider Buying and Selling at Salesforce

In related news, CEO Marc Benioff sold 122 shares of the business’s stock in a transaction on 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 owned 11,911,571 shares in the company, valued at approximately $3,085,096,889. The trade was a 0.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 56,372 shares of company stock valued at $13,941,863 over the last ninety days. Insiders own 3.00% of the company’s stock.

Salesforce Profile

(Free Report)

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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Institutional Ownership by Quarter for Salesforce (NYSE:CRM)

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