Rep. Maria Elvira Salazar Sells Shares of Salesforce Inc. (NYSE:CRM)

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Salesforce Inc. (NYSE:CRM). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Salesforce stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

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

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 9/24/2026.

Salesforce Stock Performance

Shares of NYSE CRM opened at $227.57 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The company has a 50 day simple moving average of $225.66 and a two-hundred day simple moving average of $192.67. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The stock has a market cap of $187.29 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.03 and a beta of 1.26.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.Salesforce’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, analysts predict that Salesforce Inc. will post 12.82 earnings per share for the current year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. Salesforce’s dividend payout ratio (DPR) is currently 16.04%.

Hedge Funds Weigh In On Salesforce

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRM. Temasek Holdings Private Ltd raised its position in shares of Salesforce by 3.7% in the fourth quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock valued at $181,143,000 after buying an additional 24,332 shares during the last quarter. Fluent Financial LLC acquired a new stake in Salesforce during the second quarter worth approximately $2,265,000. TAM Capital Management Inc. acquired a new stake in Salesforce during the first quarter worth approximately $40,945,000. Secured Retirement Advisors LLC purchased a new stake in Salesforce in the 1st quarter worth approximately $1,004,000. Finally, Janus Henderson Group PLC grew its stake in Salesforce by 2.5% in the 1st quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider’s stock worth $23,846,000 after acquiring an additional 3,125 shares during the period. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Insiders Place Their Bets

In other Salesforce news, Director David Blair Kirk bought 4,176 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The stock was purchased at an average cost of $239.33 per share, for a total transaction of $999,442.08. Following the completion of the purchase, the director owned 18,748 shares of the company’s stock, valued at $4,486,958.84. This trade represents a 28.66% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Craig Conway sold 4,500 shares of the firm’s stock in a transaction dated 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 approximately $1,416,936.57. The trade was a 45.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

CRM has been the topic of several research reports. Jefferies Financial Group reissued a “buy” rating on shares of Salesforce in a research note on Monday, September 21st. Wells Fargo & Company lifted their price objective on Salesforce from $230.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Friday, September 18th. Monness Crespi & Hardt raised their target price on Salesforce from $222.00 to $266.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. UBS Group reissued a “buy” rating on shares of Salesforce in a report on Friday, September 11th. Finally, Scotiabank cut shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a research note on Thursday, June 18th. Three investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $275.14.

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.

About Salesforce

Salesforce, Inc (NYSE: CRM) develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.