Accurate Wealth Management LLC Grows Stock Holdings in Salesforce Inc. $CRM

Accurate Wealth Management LLC grew its position in shares of Salesforce Inc. (NYSE:CRM) by 18.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,549 shares of the CRM provider’s stock after acquiring an additional 873 shares during the period. Accurate Wealth Management LLC’s holdings in Salesforce were worth $1,466,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new position in Salesforce during the 4th quarter valued at approximately $25,000. Painted Porch Advisors LLC raised 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 valued at $25,000 after purchasing an additional 65 shares during the last quarter. Wood Tarver Financial Group LLC bought a new position in Salesforce during the 4th quarter valued at approximately $35,000. Capital A Wealth Management LLC lifted its stake in Salesforce by 450.0% in the first quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock worth $30,000 after acquiring an additional 90 shares during the period. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in Salesforce by 314.8% in the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after acquiring an additional 85 shares in the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $269.38, for a total value of $606,105.00. Following the completion of the transaction, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at $3,208,738,995.98. The trade was a 0.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Blair Kirk purchased 3,400 shares of the stock in a transaction dated Tuesday, September 9th. The stock was bought at an average cost of $254.66 per share, with a total value of $865,844.00. Following the transaction, the director owned 3,824 shares in the company, valued at $973,819.84. The trade was a 801.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 76,500 shares of company stock valued at $19,402,583. 3.00% of the stock is owned by insiders.

Salesforce Stock Performance

Shares of Salesforce stock opened at $244.46 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $232.73 billion, a P/E ratio of 35.53, a P/E/G ratio of 2.28 and a beta of 1.22. The business has a fifty day simple moving average of $250.31 and a two-hundred day simple moving average of $262.25. Salesforce Inc. has a 12 month low of $226.48 and a 12 month high of $369.00.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 EPS for the quarter, beating the consensus estimate of $2.78 by $0.13. The business had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, equities analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on CRM. Sanford C. Bernstein cut their price target on shares of Salesforce from $255.00 to $221.00 and set an “underperform” rating on the stock in a report on Thursday, September 4th. Royal Bank Of Canada cut their price target on shares of Salesforce from $275.00 to $250.00 and set a “sector perform” rating on the stock in a report on Thursday, September 4th. DA Davidson upgraded shares of Salesforce from an “underperform” rating to a “neutral” rating and set a $225.00 price target on the stock in a report on Friday, August 15th. JMP Securities reiterated a “market outperform” rating and issued a $430.00 price target on shares of Salesforce in a report on Tuesday, September 2nd. Finally, Barclays cut their price target on shares of Salesforce from $347.00 to $316.00 and set an “overweight” rating on the stock in a report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $332.58.

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.