Salesforce Inc. $CRM Shares Bought by Hudson Capital Management LLC

Hudson Capital Management LLC increased its holdings in Salesforce Inc. (NYSE:CRM) by 3.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,209 shares of the CRM provider’s stock after purchasing an additional 563 shares during the quarter. Hudson Capital Management LLC’s holdings in Salesforce were worth $4,693,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Community Bank N.A. raised its holdings in Salesforce by 11.4% in the 2nd quarter. Community Bank N.A. now owns 6,424 shares of the CRM provider’s stock worth $1,752,000 after purchasing an additional 657 shares during the period. Verdence Capital Advisors LLC raised its holdings in Salesforce by 2.6% in the 2nd quarter. Verdence Capital Advisors LLC now owns 2,275 shares of the CRM provider’s stock worth $620,000 after purchasing an additional 57 shares during the period. Westchester Capital Management Inc. acquired a new position in Salesforce in the 2nd quarter worth about $12,151,000. Delaney Dennis R raised its holdings in Salesforce by 24.7% in the 2nd quarter. Delaney Dennis R now owns 7,102 shares of the CRM provider’s stock worth $1,937,000 after purchasing an additional 1,408 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its holdings in Salesforce by 0.9% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 82,912 shares of the CRM provider’s stock worth $22,609,000 after purchasing an additional 778 shares during the period. Institutional investors and hedge funds own 80.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on CRM. Robert W. Baird reduced their target price on Salesforce from $365.00 to $325.00 and set an “outperform” rating for the company in a report on Thursday, September 4th. Royal Bank Of Canada reduced their target price on Salesforce from $275.00 to $250.00 and set a “sector perform” rating for the company in a report on Thursday, September 4th. Wall Street Zen raised Salesforce from a “hold” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. reduced their target price on Salesforce from $380.00 to $365.00 and set an “overweight” rating for the company in a report on Thursday, September 4th. Finally, Barclays reduced their target price on Salesforce from $347.00 to $316.00 and set an “overweight” rating for the company in a report on Monday, August 18th. Twenty-six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $331.89.

Salesforce Trading Up 2.9%

CRM opened at $248.77 on Tuesday. Salesforce Inc. has a 52 week low of $226.48 and a 52 week high of $369.00. The business has a fifty day simple moving average of $244.61 and a 200-day simple moving average of $258.49. The firm has a market cap of $236.83 billion, a P/E ratio of 36.16, a P/E/G ratio of 2.09 and a beta of 1.19. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.13. The firm had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.Salesforce’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the business posted $2.56 earnings per share. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. On average, equities analysts expect that Salesforce Inc. will post 7.46 earnings per share for the current year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th were issued a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 17th. Salesforce’s payout ratio is 24.13%.

Insider Transactions at Salesforce

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $239.79, for a total transaction of $539,527.50. Following the completion of the sale, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $2,856,275,610.09. The trade was a 0.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 76,500 shares of company stock worth $19,049,130. 3.00% of the stock is owned by insiders.

About Salesforce

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.