Rep. David Taylor Purchases Shares of Salesforce, Inc. (NYSE:CRM)

Posted by Defense World Staff on Jun 4th, 2025

Representative David Taylor (R-Ohio) recently bought shares of Salesforce, Inc. (NYSE:CRM). In a filing disclosed on June 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Salesforce stock on May 12th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 5/15/2025.
Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 5/14/2025.
Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 5/14/2025.
Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/14/2025.
Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/14/2025.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 5/13/2025.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 5/12/2025.
Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/27/2025.
Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/10/2025.
Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/10/2025.

Salesforce Stock Up 1.1%

Shares of NYSE CRM opened at $264.56 on Wednesday. Salesforce, Inc. has a 12-month low of $227.77 and a 12-month high of $369.00. The stock has a market cap of $252.92 billion, a PE ratio of 43.51, a P/E/G ratio of 2.58 and a beta of 1.38. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average of $266.65 and a 200 day moving average of $303.58.

Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings data 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. Salesforce had a net margin of 15.96% and a return on equity of 12.34%. The company had revenue of $9.83 billion during the quarter, compared to analysts’ expectations of $9.74 billion. During the same quarter in the prior year, the company earned $2.44 EPS. Salesforce’s revenue was up 7.6% compared to the same quarter last year. As a group, sell-side analysts predict that Salesforce, Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend was Thursday, April 10th. This is a boost from Salesforce’s previous quarterly dividend of $0.40. Salesforce’s dividend payout ratio is currently 25.98%.

Analysts Set New Price Targets

CRM has been the subject of several analyst reports. Macquarie reissued a “neutral” rating and issued a $320.00 price target on shares of Salesforce in a research note on Thursday, March 20th. DA Davidson reissued an “underperform” rating and issued a $200.00 price target on shares of Salesforce in a research note on Wednesday, May 28th. Stifel Nicolaus dropped their price target 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. Redburn Atlantic started coverage on shares of Salesforce in a report on Wednesday, February 19th. They issued a “buy” rating on the stock. Finally, Stephens cut their target price on Salesforce from $311.00 to $309.00 and set an “equal weight” rating on the stock in a research report on Friday, May 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-eight have issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, Salesforce presently has an average rating of “Moderate Buy” and a consensus target price of $346.34.

View Our Latest Stock Report on CRM

Insider Buying and Selling

In other Salesforce news, CFO Amy E. Weaver sold 6,221 shares of the business’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $277.37, for a total value of $1,725,518.77. Following the completion of the transaction, the chief financial officer now directly owns 46,750 shares in the company, valued at approximately $12,967,047.50. The trade was a 11.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Sundeep G. Reddy sold 1,909 shares of the business’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $284.58, for a total value of $543,263.22. Following the completion of the transaction, the chief accounting officer now owns 11,310 shares of the company’s stock, valued at $3,218,599.80. This trade represents a 14.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,332 shares of company stock worth $11,024,802 in the last ninety days. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Salesforce

Institutional investors have recently modified their holdings of the company. Athena Investment Management purchased a new stake in shares of Salesforce during the 4th quarter worth approximately $236,000. Jag Capital Management LLC raised its position in shares of Salesforce by 2,507.9% during the 4th quarter. Jag Capital Management LLC now owns 23,706 shares of the CRM provider’s stock worth $7,926,000 after purchasing an additional 22,797 shares during the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of Salesforce during the 4th quarter worth approximately $2,861,000. Atlantic Union Bankshares Corp raised its position in shares of Salesforce by 2.7% during the 4th quarter. Atlantic Union Bankshares Corp now owns 27,358 shares of the CRM provider’s stock worth $9,146,000 after purchasing an additional 723 shares during the last quarter. Finally, Dash Acquisitions Inc. raised its position in shares of Salesforce by 2.6% during the 4th quarter. Dash Acquisitions Inc. now owns 60,521 shares of the CRM provider’s stock worth $21,785,000 after purchasing an additional 1,525 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Salesforce Company Profile

(Get 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.