Salesforce Inc. $CRM Shares Sold by Talon Private Wealth LLC

Talon Private Wealth LLC lessened its position in shares of Salesforce Inc. (NYSE:CRM) by 55.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,912 shares of the CRM provider’s stock after selling 2,348 shares during the quarter. Talon Private Wealth LLC’s holdings in Salesforce were worth $300,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Salesforce during the fourth quarter worth about $25,000. ABS Direct Equity Fund LLC acquired a new position in Salesforce in the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC purchased a new position in Salesforce during the 2nd quarter worth approximately $26,000. Gilpin Wealth Management LLC purchased a new position in Salesforce during the 4th quarter worth approximately $26,000. Finally, Persistent Asset Partners Ltd acquired a new stake in Salesforce during the 2nd quarter valued at approximately $27,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Stock Up 1.8%

CRM stock opened at $247.41 on Friday. Salesforce Inc. has a one year low of $146.32 and a one year high of $269.11. 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 firm’s fifty day moving average is $200.54 and its 200 day moving average is $187.17. The firm has a market cap of $203.62 billion, a PE ratio of 22.55, a P/E/G ratio of 1.11 and a beta of 1.20.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The business had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. During the same period in the prior year, the company posted $2.91 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, research analysts forecast that Salesforce Inc. will post 12.83 EPS for the current year.

Salesforce Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have recently weighed in on CRM shares. JPMorgan Chase & Co. increased their price objective on shares of Salesforce from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Monness Crespi & Hardt boosted their target price on shares of Salesforce from $222.00 to $266.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Salesforce in a report on Thursday, August 27th. BMO Capital Markets increased their price target on Salesforce from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Finally, Scotiabank lowered Salesforce from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, June 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $267.12.

Insider Activity at Salesforce

In other news, Director Craig Conway sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was 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 directly owned 5,437 shares in the company, valued at $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.50% of the stock is owned by company insiders.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI acquisition strategy is accelerating. Salesforce completed its acquisition of Fin, formerly Intercom, adding an AI customer-agent platform, a technical AI team and more than 30,000 customers. The company is also reportedly in talks to acquire voice-AI market-research startup Listen Labs for approximately $2 billion, potentially strengthening its customer-data and AI capabilities. Salesforce Completes Acquisition of Fin Salesforce Eyes $2 Billion Acquisition of Listen Labs
• Positive Sentiment: Salesforce is expanding its enterprise AI ecosystem. Its new Enterprise AI Harness is designed to coordinate multiple models and agents using shared business context, while the Claudeforce partnership with Anthropic combines Claude with Salesforce CRM. These initiatives support the company’s argument that Agentforce and related products can drive future growth. Salesforce’s Enterprise AI Harness Salesforce and Anthropic Announce Claudeforce
• Positive Sentiment: Recent fundamentals remain supportive. Salesforce’s latest quarter beat EPS estimates by a wide margin, revenue increased 10.8% year over year, and profitability improved. This strong report helped reverse the market’s earlier concern that AI would undermine Salesforce’s core business.
• Neutral Sentiment: Investor attention is unusually high. Zacks identifies CRM as a trending stock, while analysts and investors weigh its earnings momentum, Agentforce growth and upcoming Dreamforce commentary. Some coverage frames the recent rally as a reason to take profits rather than add exposure. Salesforce Is a Trending Stock
• Negative Sentiment: Competitive and technical risks remain. Microsoft is marketing an AI-powered migration tool to win Salesforce customers for Dynamics 365, while AI-native startup Lightfield raised $47 million to develop a potential Salesforce alternative. Technical analysts also warn that CRM may be running into chart resistance after its sharp advance, and some investors question whether rising debt and acquisition spending increase risk.

Salesforce Company Profile

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.