Salesforce Inc. (NYSE:CRM) Shares Acquired by Cohen Investment Advisors LLC

04 Jul 2025, 12:38 by Jessica Moore · The Cerbat Gem

Cohen Investment Advisors LLC grew its position in Salesforce Inc. (NYSE:CRM – Free Report) by 4.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,678 shares of the CRM provider’s stock after buying an additional 456 shares during the quarter. Salesforce accounts for 1.8% of Cohen Investment Advisors LLC’s holdings, making the stock its 26th largest holding. Cohen Investment Advisors LLC’s holdings in Salesforce were worth $3,134,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Conning Inc. grew its stake in Salesforce by 5.7% during the 1st quarter. Conning Inc. now owns 18,246 shares of the CRM provider’s stock worth $4,896,000 after purchasing an additional 985 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its stake in Salesforce by 20.2% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 1,189 shares of the CRM provider’s stock worth $319,000 after purchasing an additional 200 shares in the last quarter. Goelzer Investment Management Inc. acquired a new position in Salesforce during the 1st quarter worth $2,029,000. Checchi Capital Advisers LLC grew its stake in Salesforce by 3.1% during the 1st quarter. Checchi Capital Advisers LLC now owns 17,331 shares of the CRM provider’s stock worth $4,651,000 after purchasing an additional 522 shares in the last quarter. Finally, Castle Wealth Management LLC grew its stake in Salesforce by 3.4% during the 1st quarter. Castle Wealth Management LLC now owns 5,774 shares of the CRM provider’s stock worth $1,550,000 after purchasing an additional 190 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Parker Harris sold 1,142 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $262.35, for a total value of $299,603.70. Following the sale, the insider owned 136,824 shares in the company, valued at $35,895,776.40. This represents a 0.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Srinivas Tallapragada sold 1,269 shares of the firm’s stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $262.35, for a total value of $332,922.15. Following the sale, the insider owned 42,678 shares in the company, valued at $11,196,573.30. This trade represents a 2.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,534 shares of company stock worth $7,609,842. 3.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Royal Bank Of Canada cut Salesforce from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $420.00 to $275.00 in a research note on Thursday, May 29th. The Goldman Sachs Group boosted their target price on Salesforce from $340.00 to $385.00 and gave the stock a “buy” rating in a research note on Thursday, May 29th. BMO Capital Markets decreased their price target on Salesforce from $367.00 to $350.00 and set an “outperform” rating for the company in a report on Tuesday, May 27th. Piper Sandler lifted their price target on Salesforce from $315.00 to $335.00 and gave the stock an “overweight” rating in a report on Wednesday, May 28th. Finally, Guggenheim raised Salesforce from a “sell” rating to a “neutral” rating in a report on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-eight have given a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $349.08.

Check Out Our Latest Report on Salesforce

Salesforce Stock Performance

NYSE CRM opened at $271.58 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $272.21 and its two-hundred day moving average is $292.32. Salesforce Inc. has a 12-month low of $230.00 and a 12-month high of $369.00. The stock has a market capitalization of $259.63 billion, a price-to-earnings ratio of 42.50, a PEG ratio of 2.44 and a beta of 1.36.

Salesforce (NYSE:CRM – Get Free Report) last released its earnings results on Wednesday, May 28th. The CRM provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.03. Salesforce had a return on equity of 12.94% and a net margin of 16.08%. The company had revenue of $9.83 billion for the quarter, compared to analysts’ expectations of $9.74 billion. During the same quarter in the previous year, the firm posted $2.44 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. Research analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Wednesday, June 18th will be issued a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Wednesday, June 18th. Salesforce’s dividend payout ratio is currently 25.98%.

About Salesforce

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