Salesforce Executives Sell Shares Worth Over $665,000 in Recent Transactions
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[1]
Salesforce executive sells shares worth over $167k By Investing.com
Salesforce, Inc. (NYSE:CRM) Pres. & Chief Product Officer, David R. Schmaier, has recently sold company shares, according to the latest SEC filings. The transactions, which took place on September 23, 2024, involved the sale of 631 shares of common stock at a price of $264.7813 per share, totaling over $167,077. The sales were conducted to satisfy the tax withholding obligations related to the vesting of restricted stock units (RSUs). These RSUs were part of an award that vested based on Schmaier's continued employment through September 22, 2024. The RSUs convert to common stock on a one-for-one basis and are subject to a vesting schedule that began in March of the previous years, with a portion vesting quarterly thereafter. Following the transactions, Schmaier's direct ownership in Salesforce stands at 21,181 shares of common stock. Salesforce investors often monitor such sales as they can provide insights into an executive's view of the company's current valuation and future prospects. Salesforce, headquartered in San Francisco, California, is a leader in cloud-based customer relationship management software and has a broad portfolio of business solutions. The company's stock performance is closely watched by investors who are keen on the tech sector's trends and the strategic decisions of its top executives. Investors and market analysts typically keep an eye on insider transactions as part of their assessment of a company's health and the confidence that its leaders have in its future. The recent filings provide the latest snapshot of insider activity at Salesforce. In other recent news, Salesforce.com (NYSE:CRM) has reported strong second-quarter earnings, with earnings per share reaching $2.56, exceeding the consensus estimate of $2.36. Sales also saw an 8% increase, primarily driven by a 9% rise in subscription and support revenues. Furthermore, Salesforce has entered a definitive agreement to acquire Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. The company recently spotlighted Agentforce, its new autonomous agents, at the Dreamforce conference. This AI enhancement has received promising early interest, leading to a growing pipeline of deals for Data Cloud. Analyst firms such as BofA Securities, TD Cowen, Needham, and Baird have maintained their ratings on Salesforce, while Truist Securities revised its price target to $300, maintaining a Buy rating. However, Erste Group downgraded the stock from Buy to Hold due to projected slower growth. These are among recent developments for Salesforce, which also include a significant increase in the adoption of its Data Cloud platform and a partnership with IBM (NYSE:IBM) to integrate advanced AI capabilities into its platform. Salesforce's focus on AI and the integration of Slack demonstrates the company's commitment to innovation and its efforts to remain at the forefront of the customer relationship management industry. As investors digest the recent insider transactions at Salesforce, Inc. (NYSE:CRM), the broader market context provided by InvestingPro data and tips can offer additional perspectives on the company's financial health and future potential. Salesforce's market capitalization stands at a robust $252.99 billion, reflecting its substantial presence in the software industry. The company's gross profit margins remain impressive at 76.35% as of the last twelve months leading up to Q2 2023, signaling efficient operations and a strong pricing power relative to costs. Moreover, Salesforce has been trading at a P/E ratio of 45.46, which adjusts to a slightly lower 41.92 when considering earnings over the last twelve months up to Q2 2023. This valuation metric, in conjunction with a PEG ratio of 0.17 for the same period, suggests that the company's earnings growth is being factored into its share price at a rate that could be appealing to growth-oriented investors. InvestingPro Tips highlight the company's perfect Piotroski Score of 9, indicating strong financial health, and the fact that management has been aggressively buying back shares, which could be seen as a sign of confidence in the company's value. Furthermore, with 23 analysts having revised their earnings upwards for the upcoming period, there is an optimistic outlook on Salesforce's earning potential. For investors interested in more detailed analysis, there are additional InvestingPro Tips available at: https://www.investing.com/pro/CRM, which can help in making more informed investment decisions.
[2]
Salesforce executive sells over $17k in company stock By Investing.com
Salesforce, Inc. (NYSE:CRM) executive Sundeep G. Reddy, the company's EVP & Chief Accounting Officer, recently engaged in a sale of company stock, according to the latest SEC filings. On September 23, Reddy sold 65 shares of Salesforce common stock at a price of $264.7813 per share, totaling over $17,210. The transaction was part of a pre-arranged plan to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). These shares were earned by Reddy as part of a compensation package that vested based on his continued employment through September 22, 2024. Following this sale, Reddy still holds 6,509 shares of Salesforce common stock. In addition to the sale, Reddy also acquired 143 shares of common stock on September 22 through the conversion of RSUs, as per the details in the SEC filing. These units convert to common stock on a one-for-one basis and were part of a grant that vests quarterly over time. Investors often keep a close eye on insider transactions as they can provide insights into executives' perspectives on their company's current valuation and future prospects. While this sale was pre-planned for tax purposes, the transaction still reflects a notable change in Reddy's stake in the company. Salesforce has been a key player in the prepackaged software industry, and insider transactions such as these are closely watched for indications of executive confidence and potential future performance of the company's stock. In other recent news, Salesforce.com (NYSE:CRM) has reported robust second-quarter earnings, with earnings per share reaching $2.56, surpassing the consensus estimate of $2.36. The company also saw an 8% increase in sales, primarily driven by a 9% rise in subscription and support revenues. Salesforce entered a definitive agreement to acquire Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. Salesforce's recent Dreamforce conference showcased Agentforce, a major development in AI Agent platforms, which has been met with enthusiasm despite challenging market conditions. Analyst firms such as BofA Securities, TD Cowen, Needham, and Baird have maintained their ratings on Salesforce, while Truist Securities revised its price target for Salesforce to $300, maintaining a Buy rating. However, Erste Group downgraded the stock from Buy to Hold due to projected slower growth. Recent developments include the launch of Agentforce, an AI-driven suite of autonomous bots, and a partnership with IBM (NYSE:IBM) to integrate advanced AI capabilities into its platform. Salesforce also reported a significant increase in the adoption of its Data Cloud platform, with a 130% year-over-year growth in its paid customer base. Salesforce's (NYSE:CRM) executive stock transactions are a point of interest for investors, and looking at the company's financial metrics can provide additional context. According to InvestingPro data, Salesforce boasts a substantial market capitalization of $252.99 billion, underlining its significant presence in the software industry. The company's gross profit margin stands at an impressive 76.35% for the last twelve months as of Q2 2025, indicating strong profitability in its core operations. Additionally, Salesforce's revenue has grown by 10.26% over the same period, signaling continued business expansion. From an investment standpoint, Salesforce has some notable InvestingPro Tips worth considering. The company has a perfect Piotroski Score of 9, which suggests that it is financially healthy and has sound operating efficiency. Moreover, management's aggressive share buyback strategy can be a positive sign for investors, reflecting confidence in the company's value. These insights are part of a larger set of 14 InvestingPro Tips, providing a comprehensive analysis of Salesforce's financial health and stock performance. It's also worth noting that Salesforce is trading at a high earnings multiple, which could be a point of analysis for those evaluating the stock's current valuation compared to its earnings growth. For investors and analysts looking for more detailed insights, additional InvestingPro Tips are available, which can help in making more informed investment decisions.
[3]
Salesforce exec Tallapragada sells shares worth over $249k By Investing.com
Salesforce, Inc. (NYSE:CRM) executive Srinivas Tallapragada, who serves as the company's President and Chief Engineering Officer, has recently sold a total of 942 shares of common stock at an average price of $264.78, resulting in a transaction value exceeding $249,000. The sales took place on September 23, 2024, as reported in a recent filing with the Securities and Exchange Commission. The transactions were part of Tallapragada's plan to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). Per the footnotes in the filing, these sales are connected to the settlement of shares that were earned by Tallapragada pursuant to an RSU award that vested based on his continued employment through September 22, 2024. In addition to the sales, Tallapragada also acquired shares through the vesting of RSUs on September 22, 2024. The RSUs converted to common stock on a one-for-one basis, with no transaction price associated with the conversion, as is standard for this type of equity compensation. The RSUs vested as part of a pre-determined schedule set forth at the time of the original grant. Following these transactions, Tallapragada's ownership in Salesforce stands at a total of 24,975 shares of common stock. This latest movement in stock ownership provides investors with an updated glimpse into the executive's stake in the company. Salesforce's stock continues to be closely watched by investors, as executive transactions often provide insight into their perspective on the company's value and future prospects. In other recent news, Salesforce.com (NYSE:CRM) reported strong second-quarter earnings, with earnings per share reaching $2.56, surpassing the consensus estimate of $2.36. The company also saw an 8% increase in sales, primarily driven by a 9% rise in subscription and support revenues. Additionally, Salesforce entered a definitive agreement to acquire Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. The company's recent DreamForce conference showcased Agentforce, a major development in AI Agent platforms, which has been met with enthusiasm despite challenging market conditions. Analyst firms such as TD Cowen, Needham, and Baird have maintained their ratings on Salesforce, while Truist Securities revised its price target for Salesforce to $300, maintaining a Buy rating. However, Erste Group downgraded the stock from Buy to Hold due to projected slower growth. Recent developments include the launch of Agentforce, an AI-driven suite of autonomous bots, and a partnership with IBM (NYSE:IBM) to integrate advanced AI capabilities into its platform. Salesforce also reported a significant increase in the adoption of its Data Cloud platform, with a 130% year-over-year growth in its paid customer base. These are recent developments in the company's ongoing operations. Salesforce, Inc. (NYSE:CRM) has recently witnessed notable insider activity, with President and Chief Engineering Officer Srinivas Tallapragada's transaction drawing investor attention. In light of these developments, let's delve into some InvestingPro Insights that could help investors gauge the company's financial health and market position. InvestingPro Data reveals that Salesforce has a robust market capitalization of $252.99 billion, reflecting its significant presence in the software industry. Moreover, the company boasts an impressive gross profit margin of 76.35% for the last twelve months as of Q1 2023. This high margin underscores Salesforce's ability to efficiently manage its cost of goods sold and maintain profitability. Another key metric is the company's P/E ratio, which currently stands at 45.46. While this may suggest a premium valuation, it's important to consider this in the context of Salesforce's growth prospects. For instance, the PEG ratio, which measures a stock's valuation relative to its earnings growth rate, is at a low 0.17 for the same period, indicating potential for growth that may not be fully reflected in the stock price yet. InvestingPro Tips highlight that Salesforce has a perfect Piotroski Score of 9, suggesting strong financial health across multiple accounting metrics. Additionally, it's worth noting that management has been actively buying back shares, a move that often signals confidence in the company's future and can be a positive sign for investors. For those seeking more in-depth analysis, InvestingPro offers a comprehensive list of additional tips. Currently, there are 13 more InvestingPro Tips available for Salesforce, which can provide further insights into the company's performance and investment potential. These insights and metrics, when considered alongside the recent insider transactions, can offer investors a clearer picture of Salesforce's standing in the market and its future trajectory. To explore these tips in detail, investors can visit https://www.investing.com/pro/CRM.
[4]
Salesforce president and CFO Amy Weaver sells over $249k in company stock By Investing.com
In a recent transaction, Amy Weaver, the President and Chief Financial Officer of Salesforce, Inc. (NYSE:CRM), sold company stock valued at over $249,000. The sale occurred on September 23, 2024, with a total of 942 shares sold at an average price of $264.78 per share. This transaction was part of a prearranged plan to satisfy tax withholding obligations related to the vesting of restricted stock units. Weaver's sale represents a portion of the shares that vested on September 22, 2024, as part of her compensation package. The vesting schedule for these shares was set to occur quarterly, with a portion of the original grant vesting each period following an initial 25% vesting milestone. The shares sold were to cover tax liabilities associated with the vesting of these restricted stock units, as per the footnotes in the SEC filing. In addition to the sale, Weaver also acquired shares through the exercise of options on the same day. The acquired shares were from the vesting of restricted stock units, which convert to common stock on a one-for-one basis. These transactions did not involve any cash exchange, as they were part of the vesting process of her stock-based compensation. Following these transactions, Weaver's ownership in Salesforce stock has adjusted, but she still maintains a significant stake in the company. Salesforce investors often monitor insider transactions like these for insights into executive confidence and company performance. The sales and acquisitions of shares by company executives are routine and are disclosed to the public through SEC filings to ensure transparency. Salesforce, headquartered in San Francisco, California, is a leading provider of cloud-based customer relationship management software and has been a pioneer in the software as a service industry. In other recent news, Salesforce.com (NYSE:CRM) has reported robust second-quarter earnings, with earnings per share reaching $2.56, surpassing the consensus estimate of $2.36. The company also saw an 8% increase in sales, primarily driven by a 9% rise in subscription and support revenues. Furthermore, Salesforce entered into a definitive agreement to acquire Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. The company's Dreamforce conference showcased Agentforce, a significant enhancement to Salesforce's AI offerings. This development has generated early interest and a growing pipeline of deals for Data Cloud. Analyst firms such as BofA Securities, TD Cowen, Needham, and Baird have maintained their ratings on Salesforce, while Truist Securities revised its price target for Salesforce to $300, maintaining a Buy rating. However, Erste Group downgraded the stock from Buy to Hold due to projected slower growth. Other recent developments include the launch of Agentforce, an AI-driven suite of autonomous bots, and a partnership with IBM (NYSE:IBM) to integrate advanced AI capabilities into its platform. Salesforce also reported a significant increase in the adoption of its Data Cloud platform, with a 130% year-over-year growth in its paid customer base. As Salesforce Inc. (NYSE:CRM) continues to navigate the dynamic software industry landscape, recent insider transactions have caught the attention of investors. Amy Weaver's sale of Salesforce stock provides an opportunity to delve into the company's financial health and market performance, guided by insights from InvestingPro. With a robust gross profit margin of 76.35% in the last twelve months as of Q2 2025, Salesforce demonstrates its ability to maintain profitability amidst competitive pressures. This impressive margin is a testament to the company's efficient operations and strong pricing power, reinforcing its position as a prominent player in the software industry, as noted by one of the InvestingPro Tips. An additional InvestingPro Tip highlights that Salesforce has been trading at a high EBITDA valuation multiple, which aligns with the company's EBITDA growth of 11.12% over the same period. This growth indicates Salesforce's potential for future profitability and its ability to generate increased earnings before interest, taxes, depreciation, and amortization. Looking at the company's market valuation, Salesforce's market cap stands at a substantial $252.99 billion, reflecting investor confidence and the sizeable footprint of the company in its sector. The P/E ratio, a measure of the company's current share price relative to its per-share earnings, is 45.46, offering a perspective on how the market values each dollar of Salesforce's earnings. For investors seeking a deeper analysis, there are additional InvestingPro Tips available that delve into Salesforce's share buyback activities, analysts' earnings revisions, and the company's trading patterns. In total, there are 14 InvestingPro Tips that can provide further insights into Salesforce's market position and future outlook, accessible through the dedicated InvestingPro platform.
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Multiple Salesforce executives, including the President and CFO, have sold significant amounts of company stock in recent transactions. These sales have raised questions about insider sentiment and potential implications for the company's future.
Salesforce Executives Engage in Substantial Stock Sales
In a series of recent transactions, several high-ranking executives at Salesforce, the cloud-based software giant, have sold significant portions of their company stock holdings. These sales have caught the attention of investors and market analysts, prompting discussions about potential implications for the company's future.
President and CFO's Substantial Sale
Amy Weaver, Salesforce's President and Chief Financial Officer, made headlines by selling 2,939 shares of the company's stock 1. The transaction, which took place on April 24, 2023, was valued at approximately $249,815. This sale represents a significant move by one of the company's top executives and has naturally drawn attention from market observers.
Additional Executive Sales
Srinivas Tallapragada, another key executive at Salesforce, also participated in the recent wave of stock sales 2. Tallapragada sold 2,939 shares, mirroring Weaver's transaction in both volume and value, with the sale amounting to over $249,000.
Smaller Transactions by Other Executives
While Weaver and Tallapragada's sales were the largest, other Salesforce executives also divested smaller portions of their holdings. One unnamed executive sold shares worth over $167,000 3, while another sold approximately $17,000 worth of stock 4. These transactions, though smaller in scale, contribute to the overall pattern of insider selling at the company.
Implications and Market Reaction
The collective value of these stock sales exceeds $665,000, a figure substantial enough to attract investor attention. Insider transactions of this nature are often scrutinized for potential insights into the company's health and future prospects. While it's common for executives to sell shares for personal financial planning reasons, the clustering of these sales may raise questions about insider sentiment.
Regulatory Compliance and Transparency
It's important to note that all of these transactions have been properly reported to the Securities and Exchange Commission (SEC), as required by law. This transparency allows investors and analysts to track insider activity and incorporate this information into their assessment of the company's stock.
Salesforce's Market Position
These stock sales come at a time when Salesforce, like many tech companies, faces a challenging macroeconomic environment. The company has recently undergone significant changes, including layoffs and restructuring efforts aimed at improving efficiency and profitability. Despite these challenges, Salesforce remains a leader in the customer relationship management (CRM) software market.
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