Harris Parker, an insider at Salesforce Inc (CRM), recently sold 140,911 shares of the company's stock at a price of $264.63 per share. This transaction, valued at $37.29 million, took place on December 21, 2025. Following this sale, Parker retains an equal number of shares in Salesforce.
Insider selling can happen for various reasons, including diversification, tax planning, and personal financial needs. While significant selling activity may catch investors' attention, it's essential to remember that routine sales do not inherently indicate negative sentiment towards the company.
Salesforce, a leader in cloud-based enterprise software for customer relationship management, is headquartered in San Francisco and employs over 76,000 people. The company went public on June 23, 2004, and has a market capitalization of $248.5 billion. As of December 25, 2025, Salesforce reported a P/E ratio of 34.42 and an EPS of 7.50, with a notable dividend yield of 62.7%.
Upcoming earnings reports are scheduled for February 24, 2026, and May 26, 2026, with estimated EPS of $3.08 and $3.04, respectively.
Insider transactions are required to be reported to the SEC, offering insights into how executives and board members view their holdings. However, investors should consider these transactions as one aspect of a broader analysis, looking at patterns across multiple insiders and time periods to gain a more comprehensive understanding of insider sentiment.