Semmax Financial Advisors Inc. Has $1.82 Million Holdings in Salesforce Inc. $CRM

Semmax Financial Advisors Inc. raised its position in shares of Salesforce Inc. (NYSE:CRM) by 4.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 6,598 shares of the CRM provider’s stock after purchasing an additional 297 shares during the quarter. Semmax Financial Advisors Inc.’s holdings in Salesforce were worth $1,817,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Salesforce by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after purchasing an additional 1,383,942 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Salesforce by 5.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,014,148 shares of the CRM provider’s stock worth $2,419,037,000 after buying an additional 437,435 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Salesforce by 7.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,658,132 shares of the CRM provider’s stock worth $2,894,673,000 after buying an additional 602,445 shares in the last quarter. Nuveen Asset Management LLC boosted its holdings in shares of Salesforce by 1.3% during the 4th quarter. Nuveen Asset Management LLC now owns 8,598,989 shares of the CRM provider’s stock worth $2,874,900,000 after buying an additional 114,278 shares in the last quarter. Finally, Nuveen LLC bought a new position in shares of Salesforce during the 1st quarter worth approximately $2,039,196,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Activity at Salesforce

In related news, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $241.50, for a total transaction of $543,375.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $2,876,644,396.50. This trade represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 66,077 shares of company stock valued at $16,885,773 in the last three months. Corporate insiders own 3.00% of the company’s stock.

Salesforce Price Performance

Shares of CRM opened at $251.83 on Tuesday. Salesforce Inc. has a 12-month low of $226.48 and a 12-month high of $369.00. The business’s fifty day moving average is $255.22 and its 200 day moving average is $265.91. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14. The stock has a market cap of $239.74 billion, a P/E ratio of 36.60, a P/E/G ratio of 2.29 and a beta of 1.22.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $10.14 billion. During the same period last year, the business earned $2.56 EPS. Salesforce’s quarterly revenue was up 9.8% compared to the same quarter last year. 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 anticipate that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. KeyCorp cut their price target on Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday. Citigroup restated a “neutral” rating on shares of Salesforce in a report on Thursday, August 28th. UBS Group cut their price target on Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a report on Monday, August 18th. The Goldman Sachs Group increased their price target on Salesforce from $340.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, May 29th. Finally, Northland Securities cut their price target on Salesforce from $423.00 to $396.00 and set an “outperform” rating on the stock in a report on Thursday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $333.11.

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.