Rep. Maria Elvira Salazar Buys Salesforce Inc. (NYSE:CRM) Stock

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Salesforce Inc. (NYSE:CRM). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Salesforce stock on April 6th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 4/24/2026.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 4/22/2026.
• Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
• Purchased $15,001 – $50,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
• Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/17/2026.
• Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/17/2026.
• Purchased $1,001 – $15,000 in shares of Voyager Technologies (NYSE:VOYG) on 4/14/2026.
• Purchased $15,001 – $50,000 in shares of Marvell Technology (NASDAQ:MRVL) on 4/6/2026.

Salesforce Stock Performance

NYSE CRM traded up $6.19 during trading hours on Friday, hitting $173.77. The company’s stock had a trading volume of 13,775,067 shares, compared to its average volume of 12,382,395. Salesforce Inc. has a 12 month low of $163.52 and a 12 month high of $292.17. The company’s 50 day simple moving average is $184.17 and its two-hundred day simple moving average is $215.65. The company has a market cap of $142.18 billion, a P/E ratio of 22.25, a price-to-earnings-growth ratio of 1.16 and a beta of 1.14. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 EPS for the quarter, topping the consensus estimate of $3.05 by $0.76. The company had revenue of $11.20 billion during the quarter, compared to the consensus estimate of $11.18 billion. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.Salesforce’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the company earned $2.78 EPS. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, sell-side analysts expect that Salesforce Inc. will post 9.71 EPS for the current fiscal year.

Salesforce announced that its board has approved a stock repurchase program on Monday, March 16th that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Salesforce Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Thursday, April 9th were paid a dividend of $0.44 per share. The ex-dividend date was Thursday, April 9th. This represents a $1.76 annualized dividend and a yield of 1.0%. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. Salesforce’s dividend payout ratio (DPR) is 22.54%.

Insiders Place Their Bets

In other Salesforce news, Director Laura Alber bought 2,571 shares of Salesforce stock in a transaction dated Thursday, March 19th. The shares were purchased at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director directly owned 9,530 shares in the company, valued at approximately $1,854,347.40. This represents a 36.94% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director David Blair Kirk bought 2,570 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the transaction, the director directly owned 13,689 shares in the company, valued at approximately $2,664,153.18. This represents a 23.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Salesforce

Several large investors have recently added to or reduced their stakes in the company. Rockland Trust Co. raised its holdings in shares of Salesforce by 1,145.6% during the 3rd quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider’s stock worth $3,097,000 after acquiring an additional 12,017 shares in the last quarter. Alps Advisors Inc. grew its holdings in shares of Salesforce by 98.3% in the third quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider’s stock valued at $5,085,000 after purchasing an additional 10,633 shares in the last quarter. Midwest Trust Co increased its position in Salesforce by 2.3% in the third quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider’s stock worth $44,336,000 after purchasing an additional 4,233 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Salesforce by 15.1% during the third quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider’s stock valued at $113,420,000 after purchasing an additional 61,270 shares in the last quarter. Finally, AGF Management Ltd. lifted its position in Salesforce by 42.2% during the third quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider’s stock valued at $66,610,000 after purchasing an additional 83,403 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s stock rose after reports highlighted expanding AI momentum, solid financial performance, and a newly announced U.S. Air Force contract that bolsters confidence in demand for Agentforce and secure government cloud tools. Why Salesforce stock was surging today?
• Positive Sentiment: Salesforce secured a $72 million U.S. Air Force agreement as part of a broader Department of Defense contract, expanding its footprint in highly regulated government environments and validating its AI platform for mission-critical workflows. Salesforce’s Air Force Deal Tests Agentforce’s Role In Secure Government AI
• Positive Sentiment: Salesforce also gained attention after a new partnership with Moderna to use Agentforce Life Sciences to unify global operations, reinforcing the company’s AI and industry-specific software expansion. Salesforce (CRM), Moderna Partner to Unify Global Operations via Agentforce Life Sciences
• Neutral Sentiment: Multiple articles pointed to Salesforce as a long-term value and trending stock, suggesting continued investor interest rather than a new fundamental catalyst. Why Salesforce (CRM) is a Top Value Stock for the Long-Term
• Negative Sentiment: Citi trimmed its price target on Salesforce to $188 from $200, citing weak enterprise software spending trends, which is a reminder that the broader software demand backdrop remains mixed. Citi Cuts PT on Salesforce (CRM) From $200 To $188 Amid Weak Enterprise Software Spending Trends

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada dropped their price target on shares of Salesforce from $290.00 to $210.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 26th. Roth Mkm decreased their target price on Salesforce from $395.00 to $325.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. The Goldman Sachs Group reissued a “buy” rating and set a $281.00 price target on shares of Salesforce in a report on Thursday, February 26th. Cantor Fitzgerald restated an “overweight” rating on shares of Salesforce in a research report on Thursday, February 26th. Finally, Wells Fargo & Company decreased their price objective on Salesforce from $235.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $278.82.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Salesforce

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.