Doliver Advisors LP Sells 1,708 Shares of Salesforce Inc. $CRM

Doliver Advisors LP lessened its position in shares of Salesforce Inc. (NYSE:CRM) by 29.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,186 shares of the CRM provider’s stock after selling 1,708 shares during the period. Doliver Advisors LP’s holdings in Salesforce were worth $1,141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CRM. Nuveen LLC acquired a new stake in Salesforce during the 1st quarter worth approximately $2,039,196,000. GAMMA Investing LLC increased its position in Salesforce by 30,456.9% during the 1st quarter. GAMMA Investing LLC now owns 3,801,588 shares of the CRM provider’s stock worth $1,020,194,000 after buying an additional 3,789,147 shares during the period. Longview Partners Guernsey LTD acquired a new stake in shares of Salesforce during the first quarter worth $467,944,000. Pacer Advisors Inc. boosted its position in shares of Salesforce by 1,744.0% in the first quarter. Pacer Advisors Inc. now owns 1,820,262 shares of the CRM provider’s stock valued at $488,486,000 after acquiring an additional 1,721,550 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Salesforce by 1.6% in the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after acquiring an additional 1,383,942 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Insider Buying and Selling

In other news, Director David Blair Kirk acquired 3,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The shares were bought at an average price of $254.66 per share, with a total value of $865,844.00. Following the acquisition, the director directly owned 3,824 shares in the company, valued at $973,819.84. The trade was a 801.89% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $246.66, for a total value of $554,985.00. Following the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,938,108,102.86. This represents a 0.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 70,577 shares of company stock worth $18,005,778 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CRM. 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. Erste Group Bank downgraded shares of Salesforce from a “buy” rating to a “hold” rating in a research report on Thursday, June 5th. Citigroup increased their price target on Salesforce from $275.00 to $276.00 and gave the stock a “neutral” rating in a research report on Tuesday. Robert W. Baird dropped their price objective on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Finally, BMO Capital Markets reduced their target price on Salesforce from $335.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday, September 4th. One research 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 given a Sell rating to the company. Based on data from MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and an average target price of $332.58.

Salesforce Stock Performance

NYSE:CRM opened at $242.68 on Friday. Salesforce Inc. has a twelve month low of $226.48 and a twelve month high of $369.00. 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’s 50-day simple moving average is $253.21 and its 200 day simple moving average is $264.79. The firm has a market capitalization of $231.03 billion, a PE ratio of 35.27, a price-to-earnings-growth ratio of 2.24 and a beta of 1.22.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 EPS 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 during the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter in the previous year, the firm earned $2.56 earnings per share. The business’s quarterly revenue 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. On average, analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be given a $0.416 dividend. The ex-dividend date is Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is currently 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.