Graphene Investments SAS Increases Stock Position in Salesforce Inc. $CRM

Graphene Investments SAS raised its stake in shares of Salesforce Inc. (NYSE:CRM) by 21.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,300 shares of the CRM provider’s stock after purchasing an additional 2,200 shares during the period. Graphene Investments SAS’s holdings in Salesforce were worth $2,915,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. KDT Advisors LLC increased its stake in Salesforce by 4.1% in the 1st quarter. KDT Advisors LLC now owns 967 shares of the CRM provider’s stock worth $260,000 after acquiring an additional 38 shares during the last quarter. Scott & Selber Inc. boosted its position in shares of Salesforce by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 5,850 shares of the CRM provider’s stock valued at $1,595,000 after acquiring an additional 39 shares during the last quarter. Hanson & Doremus Investment Management grew its holdings in shares of Salesforce by 6.9% in the second quarter. Hanson & Doremus Investment Management now owns 607 shares of the CRM provider’s stock valued at $166,000 after purchasing an additional 39 shares in the last quarter. Beverly Hills Private Wealth LLC increased its position in Salesforce by 2.3% in the second quarter. Beverly Hills Private Wealth LLC now owns 1,716 shares of the CRM provider’s stock worth $468,000 after purchasing an additional 39 shares during the last quarter. Finally, Lifeworks Advisors LLC raised its stake in Salesforce by 2.9% during the second quarter. Lifeworks Advisors LLC now owns 1,420 shares of the CRM provider’s stock valued at $387,000 after purchasing an additional 40 shares in the last quarter. 80.43% of the stock is owned by institutional investors.

Insider Activity at Salesforce

In related news, CEO Marc Benioff sold 122 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $259.00, for a total value of $31,598.00. Following the completion of the sale, the chief executive officer owned 11,911,571 shares in the company, valued at approximately $3,085,096,889. The trade was a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director G Mason Morfit acquired 96,000 shares of Salesforce stock in a transaction on Friday, December 5th. The shares were purchased at an average price of $260.58 per share, for a total transaction of $25,015,680.00. Following the completion of the acquisition, the director directly owned 2,994,509 shares in the company, valued at $780,309,155.22. This trade represents a 3.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 175,284 shares of company stock worth $41,648,819 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

Salesforce Trading Up 0.3%

CRM opened at $255.22 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50 day moving average price is $245.97 and its 200-day moving average price is $251.76. Salesforce Inc. has a one year low of $221.96 and a one year high of $367.09. The stock has a market cap of $239.14 billion, a price-to-earnings ratio of 34.07, a P/E/G ratio of 1.90 and a beta of 1.25.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.39. The company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $10.27 billion. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.Salesforce’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.41 EPS. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. On average, equities analysts forecast that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 18th will be paid a $0.416 dividend. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, December 18th. Salesforce’s dividend payout ratio (DPR) is currently 22.16%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CRM. Morgan Stanley dropped their price objective on shares of Salesforce from $405.00 to $398.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. UBS Group reiterated a “neutral” rating and issued a $260.00 price target on shares of Salesforce in a research report on Thursday, December 4th. Northland Securities upped their price objective on Salesforce from $264.00 to $267.00 and gave the company a “market perform” rating in a research report on Thursday, December 4th. Roth Capital reaffirmed a “buy” rating and issued a $395.00 price objective on shares of Salesforce in a research note on Thursday, September 4th. Finally, Northland Capmk downgraded Salesforce from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Salesforce has an average rating of “Moderate Buy” and a consensus price target of $326.46.

About Salesforce

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.