Fjell Capital LLC Raises Stock Holdings in Salesforce, Inc. (NYSE:CRM)

06 Jun 2025, 13:18 by Renee Jackson · The Cerbat Gem

Fjell Capital LLC boosted its holdings in shares of Salesforce, Inc. (NYSE:CRM – Free Report) by 6.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,018 shares of the CRM provider’s stock after acquiring an additional 286 shares during the quarter. Salesforce accounts for 1.4% of Fjell Capital LLC’s portfolio, making the stock its 26th biggest holding. Fjell Capital LLC’s holdings in Salesforce were worth $1,347,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bernard Wealth Management Corp. purchased a new stake in Salesforce in the 4th quarter valued at about $25,000. Accredited Wealth Management LLC purchased a new stake in shares of Salesforce in the 4th quarter worth $27,000. Arlington Trust Co LLC lifted its holdings in shares of Salesforce by 85.1% in the 4th quarter. Arlington Trust Co LLC now owns 87 shares of the CRM provider’s stock worth $29,000 after buying an additional 40 shares during the period. Compass Financial Services Inc bought a new position in shares of Salesforce during the 4th quarter worth $30,000. Finally, Asset Planning Inc purchased a new position in shares of Salesforce during the fourth quarter valued at $31,000. Institutional investors own 80.43% of the company’s stock.

Insider Activity

In other news, insider Srinivas Tallapragada sold 6,697 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $295.00, for a total transaction of $1,975,615.00. Following the transaction, the insider now owns 41,422 shares in the company, valued at $12,219,490. This trade represents a 13.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Miguel Milano sold 705 shares of Salesforce stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $279.44, for a total transaction of $197,005.20. Following the completion of the sale, the insider now directly owns 9,323 shares in the company, valued at $2,605,219.12. This represents a 7.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 40,332 shares of company stock worth $11,024,802 in the last ninety days. Company insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Salesforce from $425.00 to $375.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. BMO Capital Markets cut their price objective on shares of Salesforce from $367.00 to $350.00 and set an “outperform” rating on the stock in a report on Tuesday, May 27th. Loop Capital reduced their price objective on shares of Salesforce from $330.00 to $300.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Mizuho dropped their target price on Salesforce from $425.00 to $380.00 and set an “outperform” rating on the stock in a research report on Thursday, May 15th. Finally, DA Davidson reiterated an “underperform” rating and issued a $200.00 price target on shares of Salesforce in a report on Wednesday, May 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-seven have given a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $346.34.

Get Our Latest Analysis on Salesforce

Salesforce Trading Up 1.4%

Shares of NYSE:CRM opened at $266.81 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce, Inc. has a 12-month low of $227.77 and a 12-month high of $369.00. The business has a 50 day moving average of $266.48 and a two-hundred day moving average of $302.92. The company has a market capitalization of $255.07 billion, a PE ratio of 43.88, a PEG ratio of 2.58 and a beta of 1.38.

Salesforce (NYSE:CRM – Get Free Report) last posted its earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.03. The firm had revenue of $9.83 billion during the quarter, compared to analysts’ expectations of $9.74 billion. Salesforce had a net margin of 15.96% and a return on equity of 12.34%. The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $2.44 EPS. As a group, analysts forecast that Salesforce, Inc. will post 7.46 EPS for the current year.

Salesforce Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a dividend yield of 0.62%. Salesforce’s payout ratio is currently 25.98%.

Salesforce Company Profile

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