Fiduciary Family Office LLC Has $892,000 Stake in Salesforce Inc. $CRM

Fiduciary Family Office LLC trimmed its position in Salesforce Inc. (NYSE:CRM) by 38.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,270 shares of the CRM provider’s stock after selling 2,020 shares during the quarter. Fiduciary Family Office LLC’s holdings in Salesforce were worth $892,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in CRM. Brighton Jones LLC increased its stake in Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock valued at $8,582,000 after acquiring an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock valued at $611,000 after acquiring an additional 205 shares during the last quarter. Bison Wealth LLC increased its stake in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock valued at $747,000 after acquiring an additional 184 shares during the last quarter. GAMMA Investing LLC increased its stake in Salesforce by 13.9% in the first quarter. GAMMA Investing LLC now owns 14,166 shares of the CRM provider’s stock valued at $3,802,000 after acquiring an additional 1,725 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Salesforce by 2.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 126,942 shares of the CRM provider’s stock valued at $34,066,000 after acquiring an additional 2,860 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $241.49, for a total transaction of $543,352.50. Following the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $2,876,525,280.79. This represents a 0.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Blair Kirk acquired 3,400 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were bought at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the acquisition, the director directly owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 78,750 shares of company stock worth $19,480,343 in the last quarter. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

CRM has been the topic of a number of recent analyst reports. BMO Capital Markets decreased their price objective on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, September 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $400.00 target price on shares of Salesforce in a research note on Thursday, October 16th. KeyCorp decreased their target price on shares of Salesforce from $440.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, September 4th. Wedbush reaffirmed an “outperform” rating and set a $375.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Finally, Morgan Stanley boosted their target price on shares of Salesforce from $404.00 to $405.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and an average price target of $325.23.

Salesforce Price Performance

CRM stock opened at $254.31 on Tuesday. The firm has a market cap of $242.10 billion, a price-to-earnings ratio of 36.96, a PEG ratio of 2.04 and a beta of 1.19. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a 12-month low of $226.48 and a 12-month high of $369.00. The company’s fifty day simple moving average is $244.81 and its 200 day simple moving average is $257.89.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same quarter in the previous year, the business earned $2.56 earnings per share. Salesforce’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. On average, analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th were issued a dividend of $0.416 per share. The ex-dividend date was 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%.

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.