Vise Technologies Inc. Purchases New Shares in Salesforce Inc. $CRM

Vise Technologies Inc. acquired a new position in Salesforce Inc. (NYSE:CRM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,948 shares of the CRM provider’s stock, valued at approximately $7,348,000.

Other large investors also recently made changes to their positions in the company. Painted Porch Advisors LLC lifted its position in Salesforce by 260.0% during the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Capital A Wealth Management LLC increased its position in Salesforce by 450.0% in the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 90 shares in the last quarter. CBIZ Investment Advisory Services LLC raised its stake in shares of Salesforce by 314.8% in the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock worth $30,000 after acquiring an additional 85 shares during the last quarter. Christopher J. Hasenberg Inc lifted its position in shares of Salesforce by 383.3% during the second quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock worth $32,000 after purchasing an additional 92 shares in the last quarter. Finally, Maseco LLP bought a new stake in shares of Salesforce during the second quarter valued at approximately $34,000. Institutional investors own 80.43% of the company’s stock.

Salesforce Trading Up 0.3%

NYSE:CRM opened at $239.92 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. The business’s 50-day simple moving average is $247.41 and its 200-day simple moving average is $258.32. Salesforce Inc. has a fifty-two week low of $226.48 and a fifty-two week high of $369.00. The stock has a market capitalization of $228.40 billion, a PE ratio of 34.87, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19.

Salesforce (NYSE:CRM) last posted 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 business had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period in the prior year, the business earned $2.56 EPS. Salesforce’s revenue for the quarter 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 expect that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce’s dividend payout ratio (DPR) is presently 24.13%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Barclays dropped their price objective on shares of Salesforce from $347.00 to $316.00 and set an “overweight” rating for the company in a research report on Monday, August 18th. Wells Fargo & Company cut their price target on Salesforce from $275.00 to $265.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 4th. Deutsche Bank Aktiengesellschaft lowered their price objective on Salesforce from $400.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday, September 4th. JMP Securities reaffirmed a “market outperform” rating and issued a $430.00 target price on shares of Salesforce in a research note on Friday, October 17th. Finally, BMO Capital Markets dropped their price target on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday, September 4th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $325.23.

Insider Buying and Selling

In other Salesforce news, CEO Marc Benioff sold 122 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $259.00, for a total transaction of $31,598.00. Following the completion of the transaction, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $3,085,096,889. This represents a 0.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 72,122 shares of company stock valued at $17,785,853. Insiders own 3.00% of the company’s stock.

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.