Salesforce Inc. $CRM Shares Sold by Caxton Associates LLP

Caxton Associates LLP reduced its position in Salesforce Inc. (NYSE:CRM) by 92.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,484 shares of the CRM provider’s stock after selling 18,669 shares during the period. Caxton Associates LLP’s holdings in Salesforce were worth $277,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Salesforce in the fourth quarter valued at approximately $25,000. Key Capital Management INC purchased a new position in shares of Salesforce during the fourth quarter worth approximately $26,000. Gilpin Wealth Management LLC acquired a new position in shares of Salesforce in the 4th quarter valued at $26,000. Legacy Bridge LLC acquired a new position in shares of Salesforce in the 4th quarter valued at $27,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in Salesforce in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: A three-year U.S. Department of Veterans Affairs agreement with a potential value of $1.6 billion is strengthening Salesforce’s government-cloud narrative. The contract expands use of Missionforce, Agentforce, Slack, MuleSoft, Tableau and Data 360 across the VA’s nationwide network, highlighting demand for Salesforce’s AI agents and unified data platform. Will Salesforce’s (CRM) US$1.6 Billion VA AI Deal Redefine Its Government-Cloud Narrative?
• Positive Sentiment: Salesforce was among the enterprise-software leaders in a broad rebound, with investors rotating toward companies positioned to benefit from AI adoption. The sector rally helped lift sentiment after a period of heavy selling. Salesforce Surges 7%, ServiceNow Jumps 8%, Workday Jumps 10% as Software Rebounds on AI Rotation
• Positive Sentiment: Commentary on Salesforce’s earnings move points to continued investor interest following its latest quarterly results, when the company exceeded consensus expectations for both earnings and revenue. The beat supports the view that cost discipline and AI-related products can drive growth. Why Did Salesforce Lead Index Gainers After Its Earnings Move?
• Neutral Sentiment: Night View Capital describes AI as a transformative, economy-wide technology and cites Salesforce as an important platform for corporate AI deployment. The discussion is supportive of the long-term thesis but does not represent a new contract or change to financial guidance. Salesforce’s Impact on AI Deployment in Corporate Environments
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” view, while investors weigh Salesforce against other beaten-down Dow companies as a potential dip-buying opportunity. Salesforce Receives Consensus Rating of Moderate Buy
• Negative Sentiment: Despite the rebound, Salesforce remains well below its 52-week high, reflecting lingering concerns about software-sector valuations, competition and the pace at which AI investments translate into recurring revenue. Disney or Salesforce: Which Beaten-Down Dow Giant Is the Smarter Dip-Buy?

Analysts Set New Price Targets

CRM has been the subject of a number of recent research reports. Royal Bank Of Canada cut shares of Salesforce from a “sector perform” rating to a “sector perform” rating in a research note on Wednesday, July 1st. Piper Sandler lowered shares of Salesforce from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 28th. Roth Capital reaffirmed a “buy” rating and issued a $325.00 target price on shares of Salesforce in a report on Thursday, May 28th. Guggenheim upgraded shares of Salesforce from a “neutral” rating to a “buy” rating and set a $228.00 target price for the company in a research note on Wednesday, July 1st. Finally, BTIG Research reissued a “buy” rating and set a $255.00 price target on shares of Salesforce in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $249.51.

Salesforce Stock Performance

NYSE:CRM opened at $181.42 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $148.58 billion, a price-to-earnings ratio of 21.00, a price-to-earnings-growth ratio of 0.94 and a beta of 1.18. The firm’s fifty day moving average price is $170.00 and its 200 day moving average price is $186.08. Salesforce Inc. has a 1-year low of $146.32 and a 1-year high of $274.00.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the prior year, the firm earned $2.58 EPS. Salesforce’s quarterly revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, sell-side analysts expect that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 11th were issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s dividend payout ratio is currently 20.37%.

About Salesforce

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.