Salesforce Inc. $CRM Shares Bought by WoodTrust Financial Corp

WoodTrust Financial Corp boosted its holdings in shares of Salesforce Inc. (NYSE:CRM) by 2.7% in the 2nd quarter, Holdings Channel reports. The firm owned 59,131 shares of the CRM provider’s stock after buying an additional 1,559 shares during the period. Salesforce makes up approximately 1.8% of WoodTrust Financial Corp’s portfolio, making the stock its 14th largest holding. WoodTrust Financial Corp’s holdings in Salesforce were worth $16,125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Painted Porch Advisors LLC increased its stake in Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after buying an additional 65 shares during the period. Capital A Wealth Management LLC increased its stake in shares of Salesforce by 450.0% during the 1st quarter. Capital A Wealth Management LLC now owns 110 shares of the CRM provider’s stock worth $30,000 after purchasing an additional 90 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its stake in Salesforce by 314.8% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after buying an additional 85 shares during the last quarter. Abound Financial LLC acquired a new position in Salesforce in the 1st quarter valued at $31,000. Finally, Christopher J. Hasenberg Inc grew its stake in Salesforce by 383.3% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after buying an additional 92 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Salesforce

In other news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Monday, October 6th. The shares were sold at an average price of $241.32, for a total value of $542,970.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,874,500,313.72. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 78,750 shares of company stock valued at $19,679,535. Insiders own 3.00% of the company’s stock.

Salesforce Stock Performance

CRM opened at $239.91 on Wednesday. The business’s fifty day moving average is $245.62 and its 200-day moving average is $259.67. The firm has a market cap of $228.40 billion, a P/E ratio of 34.87, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.12 and a current ratio of 1.12. Salesforce Inc. has a 52-week low of $226.48 and a 52-week high of $369.00.

Salesforce (NYSE:CRM) last issued 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 net margin of 16.87% and a return on equity of 13.27%. The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter in the prior year, the firm posted $2.56 EPS. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. Sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CRM. Oppenheimer decreased their price target on shares of Salesforce from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 26th. Wall Street Zen cut shares of Salesforce from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Wells Fargo & Company lowered their price objective on shares of Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research report on Thursday, September 4th. JMP Securities restated a “market outperform” rating and issued a $430.00 price objective on shares of Salesforce in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Salesforce in a research note on Saturday, September 27th. Twenty-six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and an average target price of $332.58.

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.