Integrated Quantitative Investments LLC Takes $1.16 Million Position in Salesforce Inc. $CRM

Integrated Quantitative Investments LLC bought a new position in Salesforce Inc. (NYSE:CRM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,263 shares of the CRM provider’s stock, valued at approximately $1,162,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ANB Bank raised its holdings in shares of Salesforce by 25.6% in the 2nd quarter. ANB Bank now owns 4,849 shares of the CRM provider’s stock worth $1,322,000 after purchasing an additional 987 shares during the period. Crossmark Global Holdings Inc. increased its position in Salesforce by 12.3% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 137,368 shares of the CRM provider’s stock worth $37,459,000 after purchasing an additional 15,071 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Salesforce in the second quarter valued at approximately $2,458,000. Summitry LLC raised its holdings in Salesforce by 3.3% in the second quarter. Summitry LLC now owns 195,840 shares of the CRM provider’s stock valued at $53,404,000 after buying an additional 6,249 shares during the period. Finally, MTM Investment Management LLC acquired a new position in Salesforce during the second quarter valued at approximately $59,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Buying and Selling at Salesforce

In related news, CEO Marc Benioff sold 122 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $3,085,096,889. This represents a 0.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 67,622 shares of company stock worth $16,714,561 over the last quarter. Insiders own 3.00% of the company’s stock.

Salesforce Stock Up 1.4%

NYSE:CRM opened at $243.86 on Friday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The firm has a market capitalization of $232.16 billion, a PE ratio of 35.45, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average of $246.51 and a 200-day moving average of $257.56.

Salesforce (NYSE:CRM) last issued 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. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period last year, the company earned $2.56 earnings per share. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Analysts predict that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

CRM has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Salesforce in a research report on Tuesday. Robert W. Baird lowered their price target on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Northland Securities lowered Salesforce from an “outperform” rating to a “market perform” rating and set a $264.00 price objective on the stock. in a research report on Tuesday, October 14th. UBS Group decreased their target price on Salesforce from $300.00 to $260.00 and set a “neutral” rating for the company in a research report on Monday, August 18th. Finally, Royal Bank Of Canada lowered their target price on Salesforce from $275.00 to $250.00 and set a “sector perform” rating for the company in a research note on Thursday, September 4th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $325.23.

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.