Transatlantique Private Wealth LLC Has $2.70 Million Stock Holdings in Salesforce Inc. $CRM

Transatlantique Private Wealth LLC cut its stake in shares of Salesforce Inc. (NYSE:CRM) by 15.5% during the second quarter, Holdings Channel reports. The firm owned 9,896 shares of the CRM provider’s stock after selling 1,818 shares during the quarter. Salesforce makes up approximately 1.0% of Transatlantique Private Wealth LLC’s portfolio, making the stock its 25th largest holding. Transatlantique Private Wealth LLC’s holdings in Salesforce were worth $2,699,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Coign Capital Advisors LLC raised its position in Salesforce by 1.7% during the first quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock valued at $586,000 after buying an additional 37 shares during the period. Staley Capital Advisers Inc. raised its position in Salesforce by 1.1% during the first quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock valued at $897,000 after buying an additional 38 shares during the period. KDT Advisors LLC raised its position in Salesforce by 4.1% during the first quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after buying an additional 38 shares during the period. Liberty One Investment Management LLC raised its position in Salesforce by 1.2% during the first quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock valued at $849,000 after buying an additional 39 shares during the period. Finally, First Command Advisory Services Inc. raised its position in Salesforce by 7.3% during the first quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock valued at $154,000 after buying an additional 39 shares during the period. 80.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Bank of America dropped their price target on Salesforce from $350.00 to $325.00 and set a “buy” rating on the stock in a research report on Tuesday, August 26th. JMP Securities restated a “market outperform” rating and issued a $430.00 target price on shares of Salesforce in a research note on Friday, October 17th. Canaccord Genuity Group dropped their target price on Salesforce from $350.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, September 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 target price on shares of Salesforce in a research report on Thursday, October 16th. Finally, Wells Fargo & Company dropped their target price on Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 4th. Twenty-five analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Salesforce presently has an average rating of “Moderate Buy” and a consensus price target of $325.23.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $258.20, for a total transaction of $580,950.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $3,075,567,632.20. This represents a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 78,750 shares of company stock worth $19,385,933. Corporate insiders own 3.00% of the company’s stock.

Salesforce Stock Performance

CRM opened at $261.32 on Tuesday. The company has a market cap of $248.78 billion, a PE ratio of 37.98, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. The stock has a 50-day moving average of $247.79 and a 200-day moving average of $258.25. Salesforce Inc. has a 52-week low of $226.48 and a 52-week high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) 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 the consensus estimate of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th were paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, September 17th. Salesforce’s dividend payout ratio is 24.13%.

Salesforce Company 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.