Fedenia Advisers LLC Buys 885 Shares of Salesforce Inc. (NYSE:CRM)

02 Jul 2025, 12:50 by Jessica Moore · The Cerbat Gem

Fedenia Advisers LLC grew its position in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 66.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,207 shares of the CRM provider’s stock after buying an additional 885 shares during the quarter. Fedenia Advisers LLC’s holdings in Salesforce were worth $592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new stake in shares of Salesforce during the 4th quarter valued at about $25,000. Accredited Wealth Management LLC bought a new position in Salesforce in the fourth quarter worth approximately $27,000. Wood Tarver Financial Group LLC purchased a new position in shares of Salesforce during the 4th quarter worth $35,000. VSM Wealth Advisory LLC bought a new stake in shares of Salesforce during the 4th quarter valued at $45,000. Finally, Vermillion Wealth Management Inc. increased its stake in shares of Salesforce by 138.9% in the 1st quarter. Vermillion Wealth Management Inc. now owns 172 shares of the CRM provider’s stock worth $46,000 after purchasing an additional 100 shares in the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Salesforce news, CEO Marc Benioff sold 2,250 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $272.48, for a total transaction of $613,080.00. Following the completion of the sale, the chief executive officer owned 11,862,457 shares in the company, valued at $3,232,282,283.36. This represents a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Srinivas Tallapragada sold 1,269 shares of Salesforce stock in a transaction on Monday, June 23rd. The shares were sold at an average price of $262.35, for a total value of $332,922.15. Following the completion of the transaction, the insider owned 42,678 shares in the company, valued at $11,196,573.30. This represents a 2.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,534 shares of company stock worth $7,609,842. 3.20% of the stock is owned by corporate insiders.

Salesforce Stock Down 0.3%

Shares of NYSE CRM opened at $271.86 on Wednesday. Salesforce Inc. has a 52-week low of $230.00 and a 52-week high of $369.00. The firm has a market capitalization of $259.90 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 2.47 and a beta of 1.37. The stock has a 50 day moving average price of $271.69 and a 200 day moving average price of $293.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07.

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

Salesforce Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, June 18th. Salesforce’s dividend payout ratio (DPR) is 25.98%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CRM shares. Piper Sandler boosted their price target on Salesforce from $315.00 to $335.00 and gave the company an “overweight” rating in a report on Wednesday, May 28th. Macquarie reissued a “neutral” rating and set a $320.00 price target on shares of Salesforce in a report on Thursday, March 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $325.00 price target on shares of Salesforce in a research note on Thursday, June 26th. Morgan Stanley reiterated an “overweight” rating and set a $404.00 price objective (up previously from $393.00) on shares of Salesforce in a research report on Thursday, May 29th. Finally, Jefferies Financial Group dropped their target price on shares of Salesforce from $425.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 31st. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-eight have assigned a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $349.08.

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