Oxford Wealth Group LLC Sells 130 Shares of Salesforce, Inc. (NYSE:CRM)

23 Apr 2025, 10:06 by Scott Moore · The Cerbat Gem

Oxford Wealth Group LLC lessened its stake in shares of Salesforce, Inc. (NYSE:CRM – Free Report) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,149 shares of the CRM provider’s stock after selling 130 shares during the period. Oxford Wealth Group LLC’s holdings in Salesforce were worth $1,053,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CRM. Bernard Wealth Management Corp. purchased a new position in Salesforce in the fourth quarter worth about $25,000. Arlington Trust Co LLC grew its stake in shares of Salesforce by 85.1% during the fourth quarter. Arlington Trust Co LLC now owns 87 shares of the CRM provider’s stock valued at $29,000 after buying an additional 40 shares during the last quarter. Compass Financial Services Inc purchased a new stake in shares of Salesforce in the fourth quarter worth approximately $30,000. Asset Planning Inc bought a new stake in shares of Salesforce during the 4th quarter worth approximately $31,000. Finally, Collier Financial purchased a new position in Salesforce during the 4th quarter valued at $32,000. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CRM shares. Robert W. Baird decreased their target price on Salesforce from $430.00 to $400.00 and set an “outperform” rating for the company in a research report on Thursday, February 27th. Bank of America decreased their price objective on shares of Salesforce from $440.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Scotiabank dropped their target price on shares of Salesforce from $400.00 to $345.00 and set a “sector outperform” rating on the stock in a research note on Monday, March 17th. Macquarie reaffirmed a “neutral” rating and set a $320.00 price target on shares of Salesforce in a research note on Thursday, March 20th. Finally, Wells Fargo & Company dropped their price objective on Salesforce from $310.00 to $255.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty have issued a buy rating and five have given a strong buy rating to the stock. Based on data from MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and a consensus target price of $357.49.

Check Out Our Latest Stock Analysis on CRM

Salesforce Price Performance

NYSE CRM opened at $243.10 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11. The stock’s fifty day moving average price is $277.69 and its 200 day moving average price is $308.98. The company has a market cap of $233.62 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 2.58 and a beta of 1.38. Salesforce, Inc. has a 1 year low of $212.00 and a 1 year high of $369.00.

Salesforce Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 10th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $1.68 dividend on an annualized basis and a yield of 0.69%. This is a positive change from Salesforce’s previous quarterly dividend of $0.40. Salesforce’s dividend payout ratio is currently 26.10%.

Insider Transactions at Salesforce

In related news, insider R David Schmaier sold 6,959 shares of the firm’s stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $253.31, for a total transaction of $1,762,784.29. Following the sale, the insider now directly owns 36,090 shares of the company’s stock, valued at $9,141,957.90. This trade represents a 16.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Amy E. Weaver sold 6,221 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $335.94, for a total transaction of $2,089,882.74. Following the sale, the chief financial officer now owns 46,750 shares in the company, valued at approximately $15,705,195. This represents a 11.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 47,654 shares of company stock worth $14,124,094 over the last 90 days. 3.20% of the stock is currently owned by company insiders.

Salesforce Profile

(Free Report)

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.