Salesforce’s president and CFO Amy Weaver sells $1.73m in stock

SAN FRANCISCO—Amy Weaver, President and Chief Financial Officer of Salesforce, Inc. (NYSE:CRM), recently executed a significant stock transaction involving the company’s common stock. According to a recent SEC filing, Weaver sold 6,221 shares of Salesforce stock on March 17, 2025, at a price of $277.37 per share, totaling approximately $1.73 million. The transaction comes as Salesforce, a prominent player in the software industry with a market capitalization of $268 billion, maintains a GREAT financial health score according to InvestingPro analysis.

In a related transaction, Weaver acquired the same number of shares, 6,221, through the exercise of stock options at a price of $218.21 per share. The transactions were conducted automatically under a Rule 10b5-1 trading plan, which was adopted by Weaver on September 24, 2024. The stock currently trades at a P/E ratio of 43.25, showing a YTD decline of 16%, though InvestingPro analysis suggests the stock may be undervalued at current levels.

Following these transactions, Weaver holds 46,750 shares of Salesforce. The stock option exercise and subsequent sale were part of a planned strategy, as indicated by the SEC filing. For deeper insights into Salesforce’s valuation and 12+ additional exclusive ProTips, visit InvestingPro to access the comprehensive Pro Research Report.

In other recent news, Salesforce has been active with several key developments. The company recently issued 95,777 restricted stock units to 218 employees from its acquisitions of Own Company and Zoomin, as part of its strategy to integrate new talent and incentivize long-term commitment. In terms of financial performance, TD Cowen maintained a Buy rating on Salesforce with a $375 price target, highlighting an 11% growth in current remaining performance obligations that exceeded expectations. Meanwhile, BMO Capital Markets adjusted its price target slightly down to $367 but kept an Outperform rating, noting solid earnings despite some unmet projections.

Truist Securities maintained a Buy rating with a $400 price target, citing strong fourth-quarter results and significant growth in Data Cloud and AI annual recurring revenue. Piper Sandler also kept an Overweight rating, lowering its price target to $400, and suggested that the revised growth outlook could set a more achievable baseline for the company’s new COO/CFO. Analysts from these firms remain optimistic about Salesforce’s prospects, especially with its Data Cloud and AI offerings. Despite some conservative revenue guidance, the overall sentiment among analysts points to confidence in Salesforce’s ability to sustain growth and innovation.

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