Rep. Julia Letlow Sells Salesforce Inc. (NYSE:CRM) Shares

Posted by ABMN Staff on Jan 15th, 2026

Representative Julia Letlow (R-Louisiana) recently sold shares of Salesforce Inc. (NYSE:CRM). In a filing disclosed on January 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Salesforce stock on December 16th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Pinterest (NYSE:PINS) on 12/16/2025.
Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 12/16/2025.
Sold $1,001 – $15,000 in shares of Mettler-Toledo International (NYSE:MTD) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Icon Energy (NASDAQ:ICON) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of AstraZeneca (NASDAQ:AZN) on 12/8/2025.
Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 12/8/2025.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 12/8/2025.
Sold $1,001 – $15,000 in shares of Warner Bros. Discovery (NASDAQ:WBD) on 12/8/2025.

Salesforce Stock Performance

Shares of Salesforce stock opened at $239.47 on Thursday. The business’s fifty day simple moving average is $249.74 and its 200 day simple moving average is $251.04. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.14. Salesforce Inc. has a 12 month low of $221.96 and a 12 month high of $367.09. The firm has a market capitalization of $224.38 billion, a P/E ratio of 31.97, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26.

Salesforce (NYSE:CRM – Get Free Report) last announced 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 firm had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $10.27 billion. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.41 EPS. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. As a group, analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 18th were given a dividend of $0.416 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, December 18th. Salesforce’s dividend payout ratio (DPR) is presently 22.16%.

Insider Buying and Selling

In related news, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Friday, October 31st. The shares were sold at an average price of $258.20, for a total value of $580,950.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at $3,075,567,632.20. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director G Mason Morfit purchased 96,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were purchased at an average cost of $260.58 per share, with a total value of $25,015,680.00. Following the transaction, 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 disclosure for this purchase is available in the SEC filing. Insiders sold 150,534 shares of company stock valued at $35,636,954 over the last quarter. Company insiders own 3.00% of the company’s stock.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Goldman Sachs initiated coverage with a Buy and a $330 price target — a high‑profile analyst start that supports upside from current levels and may attract momentum buyers. Goldman Sachs Assumes Coverage of Salesforce (CRM) Stock
Positive Sentiment: Salesforce launched its revamped Slackbot (general availability) — an Agentforce/Slack integration powered by Anthropic that could drive product differentiation, higher ARPU and enterprise upsells if adoption scales. Salesforce releases updated Slackbot powered by Anthropic’s AI model
Positive Sentiment: Partner ecosystem strength: Coastal (a Salesforce/AI consultancy) was acquired by Tata Consultancy Services (TCS), potentially expanding global implementation capacity for Salesforce-led transformations. That can help enterprise deal flow over time. Coastal Joins Tata Consultancy Services (TCS) to Accelerate Salesforce-Led Transformation at Global Scale
Neutral Sentiment: Analyst and media bullish narratives (Zacks, MarketBeat, Forbes, Seeking Alpha) highlight long‑term AI/cross‑cloud opportunity and argue the stock is undervalued — supportive for sentiment but not an immediate earnings catalyst. Why Salesforce.com (CRM) is a Top Growth Stock for the Long-Term
Negative Sentiment: Short‑term selling pressure is driven by concerns over slowing revenue growth and investor debate on AI monetization; commentary and headlines flag a pullback in shares and caution on near‑term execution. Why Salesforce (CRM) shares are plunging today
Negative Sentiment: Growth is cooling to single digits in places, so the market is watching whether initiatives like Data 360 and Agentforce convert into materially higher‑value contracts soon enough to reaccelerate revenue. Can Salesforce’s Data 360 Push Drive Its Next Phase of Sales Growth?

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $430.00 price objective on shares of Salesforce in a research report on Tuesday, December 2nd. Piper Sandler reiterated an “overweight” rating on shares of Salesforce in a research note on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Salesforce in a report on Monday, December 29th. Citigroup lowered Salesforce from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Cowen reiterated a “buy” rating on shares of Salesforce in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $326.50.

Read Our Latest Stock Report on Salesforce

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. boosted its position in Salesforce by 4.0% during the second quarter. Avantax Advisory Services Inc. now owns 87,331 shares of the CRM provider’s stock valued at $23,814,000 after buying an additional 3,387 shares during the period. Grant Private Wealth Management Inc purchased a new position in shares of Salesforce in the third quarter worth about $1,458,000. Advyzon Investment Management LLC lifted its stake in shares of Salesforce by 57.4% in the 2nd quarter. Advyzon Investment Management LLC now owns 1,884 shares of the CRM provider’s stock valued at $514,000 after acquiring an additional 687 shares during the last quarter. CX Institutional boosted its holdings in Salesforce by 78.0% during the 3rd quarter. CX Institutional now owns 43,186 shares of the CRM provider’s stock valued at $10,235,000 after acquiring an additional 18,927 shares during the period. Finally, Atalanta Sosnoff Capital LLC grew its position in Salesforce by 8.5% during the 2nd quarter. Atalanta Sosnoff Capital LLC now owns 206,614 shares of the CRM provider’s stock worth $56,342,000 after acquiring an additional 16,176 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

About Salesforce

(Get Free Report)

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.