Rep. Maria Elvira Salazar Buys Salesforce Inc. (NYSE:CRM) Stock

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Salesforce Inc. (NYSE:CRM). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Salesforce stock on April 6th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 4/24/2026.
  • Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 4/22/2026.
  • Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
  • Purchased $15,001 – $50,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
  • Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/17/2026.
  • Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/17/2026.
  • Purchased $1,001 – $15,000 in shares of Voyager Technologies (NYSE:VOYG) on 4/14/2026.
  • Purchased $15,001 – $50,000 in shares of Marvell Technology (NASDAQ:MRVL) on 4/6/2026.

Salesforce Price Performance

Shares of CRM stock traded up $6.19 on Friday, reaching $173.77. The company had a trading volume of 13,775,067 shares, compared to its average volume of 12,382,395. The business’s 50-day moving average is $184.17 and its 200 day moving average is $215.65. Salesforce Inc. has a one year low of $163.52 and a one year high of $292.17. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $142.18 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 1.16 and a beta of 1.14.

Salesforce (NYSE:CRMGet Free Report) last released its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.76. The business had revenue of $11.20 billion during the quarter, compared to analysts’ expectations of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.78 EPS. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. Equities research analysts forecast that Salesforce Inc. will post 9.71 EPS for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. Salesforce’s dividend payout ratio is 22.54%.

Salesforce declared that its board has initiated a share buyback plan on Monday, March 16th that allows the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization allows the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

CRM has been the topic of a number of research reports. DA Davidson reduced their price objective on Salesforce from $235.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Northland Securities cut their price target on Salesforce from $267.00 to $229.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 10th. Royal Bank Of Canada reduced their price target on Salesforce from $290.00 to $210.00 and set a “sector perform” rating on the stock in a report on Thursday, February 26th. Stifel Nicolaus lowered their price objective on Salesforce from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, Morgan Stanley cut their target price on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $278.82.

Get Our Latest Stock Report on CRM

Insider Buying and Selling

In related news, Director Laura Alber bought 2,571 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were bought at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the transaction, the director directly owned 9,530 shares in the company, valued at approximately $1,854,347.40. This represents a 36.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David Blair Kirk bought 2,570 shares of Salesforce stock in a transaction dated Wednesday, March 18th. The stock was purchased at an average price of $194.62 per share, with a total value of $500,173.40. Following the purchase, the director owned 13,689 shares in the company, valued at approximately $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.00% of the stock is owned by company insiders.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

Hedge Funds Weigh In On Salesforce

Several institutional investors have recently made changes to their positions in the stock. Commonwealth Retirement Investments LLC bought a new position in shares of Salesforce in the fourth quarter valued at $25,000. Board of the Pension Protection Fund bought a new position in Salesforce in the 4th quarter valued at about $26,000. Key Capital Management INC acquired a new position in Salesforce during the 4th quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new position in Salesforce during the 4th quarter valued at about $26,000. Finally, Legacy Bridge LLC bought a new stake in Salesforce during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 80.43% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Salesforce Company Profile

(Get Free Report)

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.

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