Focus Partners Advisor Solutions LLC Sells 4,141 Shares of Salesforce Inc. $CRM

Focus Partners Advisor Solutions LLC cut its stake in shares of Salesforce Inc. (NYSE:CRM) by 35.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,551 shares of the CRM provider’s stock after selling 4,141 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Salesforce were worth $2,058,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Coign Capital Advisors LLC lifted its position in shares of Salesforce by 1.7% during the 1st quarter. Coign Capital Advisors LLC now owns 2,183 shares of the CRM provider’s stock valued at $586,000 after buying an additional 37 shares in the last quarter. Staley Capital Advisers Inc. boosted its holdings 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 worth $897,000 after purchasing an additional 38 shares during the period. KDT Advisors LLC boosted its holdings in Salesforce by 4.1% during the 1st quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock valued at $260,000 after acquiring an additional 38 shares during the period. Liberty One Investment Management LLC boosted its holdings in Salesforce by 1.2% during the 1st quarter. Liberty One Investment Management LLC now owns 3,165 shares of the CRM provider’s stock valued at $849,000 after acquiring an additional 39 shares during the period. Finally, First Command Advisory Services Inc. lifted its holdings 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 worth $154,000 after buying an additional 39 shares during the period. 80.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Salesforce

In related news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $259.01, for a total value of $582,772.50. Following the sale, the chief executive officer owned 11,911,571 shares of the company’s stock, valued at approximately $3,085,216,004.71. This represents a 0.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 76,500 shares of company stock valued at $18,819,383. 3.00% of the stock is currently owned by corporate insiders.

Salesforce Stock Performance

CRM opened at $254.93 on Monday. The stock has a market cap of $242.69 billion, a P/E ratio of 37.05, a P/E/G ratio of 2.14 and a beta of 1.19. 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 stock’s 50 day simple moving average is $246.53 and its 200 day simple moving average is $258.12. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share 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 for the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter in the prior year, the firm posted $2.56 EPS. The company’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. As a group, equities analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CRM shares. Wall Street Zen raised Salesforce from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Cantor Fitzgerald restated an “overweight” rating and issued a $325.00 target price on shares of Salesforce in a research report on Thursday, October 16th. Macquarie reiterated a “neutral” rating and set a $250.00 price objective on shares of Salesforce in a research report on Thursday, October 16th. Wedbush reissued an “outperform” rating and set a $375.00 target price on shares of Salesforce in a research note on Thursday, October 16th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $225.00 price objective on shares of Salesforce in a research note on Thursday, October 16th. Twenty-five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average target price of $325.23.

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.