Salesforce Inc. $CRM Stock Acquired by Elevated Private Wealth LLC

Elevated Private Wealth LLC grew its holdings in Salesforce Inc. (NYSE:CRM) by 30.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 12,256 shares of the CRM provider’s stock after acquiring an additional 2,825 shares during the quarter. Salesforce comprises 1.8% of Elevated Private Wealth LLC’s investment portfolio, making the stock its 10th biggest holding. Elevated Private Wealth LLC’s holdings in Salesforce were worth $2,814,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Salesforce during the fourth quarter worth approximately $34,000. Abound Financial LLC purchased a new position in Salesforce in the fourth quarter valued at approximately $38,000. Costello Asset Management INC raised its holdings in Salesforce by 410.3% during the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after purchasing an additional 119 shares in the last quarter. ABS Investment Management LLC acquired a new stake in Salesforce during the second quarter worth approximately $610,974,000. Finally, ABS Direct Equity Fund LLC acquired a new stake in Salesforce during the second quarter worth approximately $25,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insiders Place Their Bets

In other Salesforce news, Director Craig Conway sold 4,500 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the transaction, the director directly owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. This trade represents a 45.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David Blair Kirk acquired 4,176 shares of the company’s stock in a transaction on Friday, September 18th. The stock was acquired at an average price of $239.33 per share, for a total transaction of $999,442.08. Following the completion of the purchase, the director owned 18,748 shares of the company’s stock, valued at $4,486,958.84. This trade represents a 28.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is owned by corporate insiders.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Analyst upgrades support the stock. Salesforce shares gained following recent analyst upgrades, reflecting increased confidence in the company’s earnings outlook and potential for further appreciation. Salesforce Shares Climb on Analyst Upgrade
• Positive Sentiment: AI integration is strengthening Salesforce’s core platform. Harris Oakmark highlighted Salesforce’s ability to integrate AI into its enterprise software, potentially increasing customer value and supporting long-term growth. A separate comparison concluded that Salesforce has stronger earnings-estimate revisions, faster AI growth and a lower valuation than ServiceNow. Salesforce AI Integration Enhances Platform Value Salesforce vs. ServiceNow
• Positive Sentiment: Hunter sales agent gains a data partnership. ZoomInfo’s designation as a flagship data partner for Salesforce’s new Hunter outbound sales agent provides evidence of ecosystem support for Sales Cloud’s AI capabilities. Hunter uses live prospect intelligence to help prioritize accounts and recommend sales actions. ZoomInfo Named a Flagship Data Partner for Hunter
• Neutral Sentiment: Sector sentiment is improving. ServiceNow’s denial of acquisition interest in Decagon helped lift parts of the enterprise-software group, indirectly benefiting Salesforce. However, the development does not materially change Salesforce’s fundamentals. ServiceNow and Salesforce Market Moves
• Negative Sentiment: Investors remain skeptical about AI monetization. Despite strong earnings, the market continues to question whether agentic AI will generate meaningful incremental profit. Salesforce also faces slower reported revenue growth than ServiceNow and must convert AI adoption into measurable expansion. Agentic AI Skepticism

Salesforce Stock Performance

NYSE CRM traded up $8.21 on Thursday, reaching $244.16. The stock had a trading volume of 4,536,631 shares, compared to its average volume of 13,553,821. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11. The business’s 50-day moving average price is $229.31 and its 200 day moving average price is $194.02. The stock has a market cap of $200.94 billion, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 1.08 and a beta of 1.26.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, beating the consensus estimate of $3.27 by $2.63. The business had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, equities analysts expect that Salesforce Inc. will post 12.82 earnings per share for the current year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were paid a dividend of $0.44 per share. The ex-dividend date was Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. Salesforce’s dividend payout ratio is currently 16.04%.

Analyst Ratings Changes

CRM has been the subject of several recent analyst reports. Monness Crespi & Hardt boosted their price objective on shares of Salesforce from $222.00 to $266.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. Needham & Company LLC reaffirmed a “buy” rating on shares of Salesforce in a research report on Thursday, September 17th. Stephens reiterated an “equal weight” rating and set a $289.00 price target on shares of Salesforce in a research note on Friday, September 18th. HC Wainwright cut shares of Salesforce to a “negative” rating in a research report on Thursday, June 18th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 price target on shares of Salesforce in a research report on Thursday, September 17th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Salesforce presently has a consensus rating of “Moderate Buy” and an average price target of $278.12.

Salesforce Profile

Salesforce, Inc (NYSE: CRM) develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.