USAdvisors Wealth Management LLC Has $208,000 Stock Position in Salesforce Inc. $CRM

USAdvisors Wealth Management LLC reduced its position in shares of Salesforce Inc. (NYSE:CRM) by 34.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 765 shares of the CRM provider’s stock after selling 408 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Salesforce were worth $208,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Diversified Trust Co raised its stake in Salesforce by 30.1% during the 2nd quarter. Diversified Trust Co now owns 27,786 shares of the CRM provider’s stock worth $7,577,000 after buying an additional 6,430 shares during the period. Neville Rodie & Shaw Inc. raised its stake in shares of Salesforce by 4.6% in the second quarter. Neville Rodie & Shaw Inc. now owns 59,970 shares of the CRM provider’s stock worth $16,353,000 after purchasing an additional 2,644 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of Salesforce in the first quarter worth approximately $9,367,000. Jones Financial Companies Lllp raised its stake in shares of Salesforce by 31.2% in the first quarter. Jones Financial Companies Lllp now owns 344,887 shares of the CRM provider’s stock worth $93,016,000 after purchasing an additional 81,916 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its stake in shares of Salesforce by 6.8% in the second quarter. Wesbanco Bank Inc. now owns 110,968 shares of the CRM provider’s stock worth $30,260,000 after purchasing an additional 7,091 shares during the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director David Blair Kirk purchased 3,400 shares of the business’s stock in a transaction dated Tuesday, September 9th. The stock was purchased at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the acquisition, the director directly owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. The trade was a 801.89% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Marc Benioff sold 2,250 shares of the firm’s stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $265.77, for a total value of $597,982.50. Following the completion of the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $3,165,738,224.67. The trade was a 0.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 81,000 shares of company stock valued at $20,357,213 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Salesforce Price Performance

Shares of NYSE CRM opened at $240.25 on Friday. The stock has a fifty day simple moving average of $246.66 and a two-hundred day simple moving average of $260.19. Salesforce Inc. has a 1-year low of $226.48 and a 1-year high of $369.00. The firm has a market cap of $228.72 billion, a price-to-earnings ratio of 34.92, a price-to-earnings-growth ratio of 2.08 and a beta of 1.19. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $10.14 billion. During the same period in the prior year, the company earned $2.56 earnings per share. Salesforce’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. Analysts anticipate that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CRM shares. Stifel Nicolaus lowered their price objective on Salesforce from $375.00 to $325.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. UBS Group lowered their price objective on Salesforce from $300.00 to $260.00 and set a “neutral” rating for the company in a research note on Monday, August 18th. Robert W. Baird decreased their price target on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a research report on Thursday, September 4th. Wells Fargo & Company decreased their price target on Salesforce from $275.00 to $265.00 and set an “equal weight” rating for the company in a research report on Thursday, September 4th. Finally, DA Davidson raised Salesforce from an “underperform” rating to a “neutral” rating and set a $225.00 price target for the company in a research report on Friday, August 15th. Twenty-six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Salesforce presently has an average rating of “Moderate Buy” and an average price target of $332.58.

Salesforce Company 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.