20 Stocks Insiders Bought in April After Trump’s Tariff Rollout

17. Salesforce, Inc. (NYSE:CRM)

Salesforce designs and develops cloud-based software for customer relationships. Headquartered in San Francisco, the company offers applications focused on customer service and support, market automation, analytics, sales force automation, and e-commerce, while also providing industry-specific solutions. It is also one of the 12 best enterprise software stocks to buy now.

In a recent development, Singapore Airlines incorporated Agentforce, Einstein in Service Cloud, and Data Cloud into its customer case management system, enabling it to deliver more consistent and personalized service to its customers.

In April, one insider acquired around $998,773 worth of Salesforce shares at an average price of $257.28 per share. Year-to-date, the stock is down 24.93%, trading at $250.99 per share. Over the past 12 months, the stock dropped 16.82%.

For the third quarter of fiscal 2024, the company reported revenue of $9.44 billion, up 8% year-over-year. More recently, the company’s board of directors declared a quarterly cash dividend of $0.42 per share, which represents a 4% increase over the previous quarter’s dividend.

Forty-two analysts rate Salesforce stock as a “Moderate Buy” with a price target of $361.42 per share, according to MarketBeat. The average price target suggests a potential upside of 44.35% from the latest price.