Salesforce Inc. $CRM Shares Sold by Waverly Advisors LLC

Posted by on Sep 9th, 2026

Waverly Advisors LLC cut its stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 4.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 134,727 shares of the CRM provider’s stock after selling 5,932 shares during the quarter. Waverly Advisors LLC’s holdings in Salesforce were worth $21,106,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new position in Salesforce in the 4th quarter worth approximately $25,000. Gilpin Wealth Management LLC acquired a new stake in Salesforce during the 4th quarter worth about $26,000. Birchwood Financial Partners Inc. purchased a new position in Salesforce during the 4th quarter valued at about $28,000. Swiss RE Ltd. acquired a new position in Salesforce in the 4th quarter worth about $28,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Salesforce in the third quarter valued at approximately $28,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce Stock Performance

CRM opened at $249.03 on Wednesday. The firm has a market capitalization of $204.95 billion, a PE ratio of 22.70, a PEG ratio of 1.20 and a beta of 1.20. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The business’s 50-day simple moving average is $195.74 and its 200 day simple moving average is $185.92. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $269.11.

Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The company’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 12.65 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, September 17th. This represents a $1.76 annualized dividend and a yield of 0.7%. Salesforce’s dividend payout ratio (DPR) is 16.04%.

Insider Buying and Selling at Salesforce

In other news, Director Craig Conway sold 4,500 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the sale, the director owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

CRM has been the subject of a number of recent analyst reports. Citigroup upped their target price on Salesforce from $204.00 to $233.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. B. Riley Financial lifted their price objective on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 28th. UBS Group boosted their price objective on Salesforce from $210.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Susquehanna started coverage on Salesforce in a report on Wednesday, July 1st. They issued a “neutral” rating on the stock. Finally, Barclays boosted their target price on Salesforce from $236.00 to $276.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.50.

Read Our Latest Report on Salesforce

Salesforce Profile

(Free Report)

Salesforce, Inc is a cloud-based software company that provides customer relationship management (CRM) technology and related enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, data analytics and business operations through subscription-based software and cloud services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Data Cloud and the Salesforce Platform. Salesforce also offers Slack for workplace collaboration, Tableau for data visualization and analytics, MuleSoft for application integration, and artificial intelligence capabilities, including its Agentforce platform for building and deploying AI agents.

Founded in 1999, Salesforce is headquartered in San Francisco, California, and serves businesses and organizations across a broad range of industries and geographic markets worldwide.

Featured Articles

Want to see what other hedge funds are holding CRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Salesforce Inc. (NYSE:CRM – Free Report).

Institutional Ownership by Quarter for Salesforce (NYSE:CRM)

Receive News & Ratings for Salesforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salesforce and related companies with MarketBeat.com's FREE daily email newsletter.