Nikulski Financial Inc. Purchases 200 Shares of Salesforce Inc. (NYSE:CRM)

12 Jul 2025, 08:43 by Teresa Graham · The Cerbat Gem

Nikulski Financial Inc. grew its position in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 2.1% in the 1st quarter, HoldingsChannel reports. The fund owned 9,945 shares of the CRM provider’s stock after buying an additional 200 shares during the period. Nikulski Financial Inc.’s holdings in Salesforce were worth $2,669,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mathes Company Inc. grew its holdings in Salesforce by 396.9% during the first quarter. Mathes Company Inc. now owns 12,298 shares of the CRM provider’s stock worth $3,300,000 after buying an additional 9,823 shares in the last quarter. Kathmere Capital Management LLC grew its holdings in Salesforce by 12.1% during the first quarter. Kathmere Capital Management LLC now owns 1,193 shares of the CRM provider’s stock worth $320,000 after buying an additional 129 shares in the last quarter. Ballentine Partners LLC grew its holdings in Salesforce by 4.3% during the first quarter. Ballentine Partners LLC now owns 20,611 shares of the CRM provider’s stock worth $5,531,000 after buying an additional 851 shares in the last quarter. Fort Sheridan Advisors LLC grew its holdings in Salesforce by 36.9% during the first quarter. Fort Sheridan Advisors LLC now owns 2,230 shares of the CRM provider’s stock worth $598,000 after buying an additional 601 shares in the last quarter. Finally, Harmony Asset Management LLC grew its holdings in Salesforce by 40.9% during the first quarter. Harmony Asset Management LLC now owns 2,163 shares of the CRM provider’s stock worth $580,000 after buying an additional 628 shares in the last quarter. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

Shares of CRM opened at $258.23 on Friday. The stock has a market capitalization of $246.87 billion, a price-to-earnings ratio of 40.41, a price-to-earnings-growth ratio of 2.39 and a beta of 1.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07. The stock’s 50-day simple moving average is $272.09 and its 200 day simple moving average is $289.24. Salesforce Inc. has a 52-week low of $230.00 and a 52-week high of $369.00.

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

Salesforce Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Wednesday, June 18th were paid a $0.416 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $1.66 dividend on an annualized basis and a yield of 0.64%. Salesforce’s dividend payout ratio is currently 25.98%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CRM shares. Citigroup decreased their price target on Salesforce from $320.00 to $295.00 and set a “neutral” rating for the company in a report on Friday, May 30th. Sanford C. Bernstein upped their price target on Salesforce from $243.00 to $255.00 and gave the stock an “underperform” rating in a report on Thursday, May 29th. Stephens decreased their price target on Salesforce from $311.00 to $309.00 and set an “equal weight” rating for the company in a report on Friday, May 30th. UBS Group set a $404.00 price target on Salesforce and gave the stock an “overweight” rating in a report on Wednesday, June 18th. Finally, Royal Bank Of Canada cut Salesforce from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $420.00 to $275.00 in a research report on Thursday, May 29th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-seven have assigned a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and a consensus target price of $348.16.

Read Our Latest Stock Report on Salesforce

Insiders Place Their Bets

In other news, CEO Marc Benioff sold 2,250 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $272.48, for a total transaction of $613,080.00. Following the transaction, the chief executive officer directly owned 11,862,457 shares in the company, valued at approximately $3,232,282,283.36. This represents a 0.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Srinivas Tallapragada sold 6,697 shares of the stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $295.00, for a total value of $1,975,615.00. Following the transaction, the insider owned 41,422 shares in the company, valued at $12,219,490. This trade represents a 13.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,284 shares of company stock valued at $9,444,537 over the last 90 days. 3.20% of the stock is owned by insiders.

About Salesforce

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