Prudent Man Advisors LLC Has $1.32 Million Stake in Salesforce Inc. $CRM

Prudent Man Advisors LLC boosted its position in shares of Salesforce Inc. (NYSE:CRM) by 32.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,846 shares of the CRM provider’s stock after buying an additional 1,192 shares during the period. Prudent Man Advisors LLC’s holdings in Salesforce were worth $1,321,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Coign Capital Advisors LLC grew its stake in Salesforce by 1.7% during the first quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock worth $586,000 after buying an additional 37 shares in the last quarter. Staley Capital Advisers Inc. boosted its stake in shares of Salesforce by 1.1% in the 1st quarter. Staley Capital Advisers Inc. now owns 3,343 shares of the CRM provider’s stock valued at $897,000 after purchasing an additional 38 shares in the last quarter. KDT Advisors LLC boosted its stake in shares of Salesforce by 4.1% in the 1st quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after purchasing an additional 38 shares in the last quarter. Liberty One Investment Management LLC boosted its stake in shares of Salesforce by 1.2% in the 1st quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock valued at $849,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. boosted its stake in shares of Salesforce by 7.3% in the 1st quarter. First Command Advisory Services Inc. now owns 572 shares of the CRM provider’s stock valued at $154,000 after purchasing an additional 39 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Northland Capmk downgraded shares of Salesforce from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 14th. Needham & Company LLC restated a “buy” rating and issued a $400.00 price target on shares of Salesforce in a research note on Thursday, October 16th. Oppenheimer reduced their price target on shares of Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 26th. Cantor Fitzgerald restated an “overweight” rating and issued a $325.00 price target on shares of Salesforce in a research note on Thursday, October 16th. Finally, UBS Group reduced their price target on shares of Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a research note on Monday, August 18th. Twenty-five investment analysts have rated the stock with a Buy rating, thirteen have assigned 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 target price of $325.23.

Insider Buying and Selling

In other news, Director David Blair Kirk purchased 3,400 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were purchased at an average price of $254.66 per share, for a total transaction of $865,844.00. Following the transaction, the director owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $246.07, for a total transaction of $553,657.50. Following the completion of the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at $2,931,080,275.97. This trade represents a 0.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 78,750 shares of company stock worth $19,424,880 in the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Salesforce Stock Down 0.0%

NYSE:CRM opened at $254.93 on Friday. The firm’s 50 day simple moving average is $246.53 and its 200 day simple moving average is $258.17. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. Salesforce Inc. has a one year low of $226.48 and a one year high of $369.00. The company has a market cap of $242.69 billion, a PE ratio of 37.05, a P/E/G ratio of 2.14 and a beta of 1.19.

Salesforce (NYSE:CRM) last posted 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 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 the consensus estimate of $10.14 billion. During the same period last year, the company earned $2.56 EPS. The firm’s 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. On average, research analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th were given a $0.416 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. Salesforce’s payout ratio is 24.13%.

About Salesforce

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.