Niles Sabastian, an insider at Salesforce Inc (CRM), sold 4,786 shares of the company's stock on December 21, 2025, at a price of $264.63 per share, totaling approximately $1.27 million. Following this transaction, Sabastian retains an equal number of shares in the company.
Salesforce, headquartered in San Francisco, California, is a leader in cloud-based enterprise software for customer relationship management. The firm employs 76,453 full-time staff and has a market capitalization of $248.5 billion. It reported a P/E ratio of 34.42 and an EPS of 7.50 as of December 25, 2025. The company is set to announce its upcoming earnings on February 24, 2026, with an estimated EPS of $3.08 and revenue expectations of $11.3 billion.
Insider selling can occur for various reasons, including diversification and personal financial needs. While such transactions can be noteworthy, they do not necessarily indicate negative sentiment toward the company. Investors are advised to consider patterns of insider activity across multiple insiders and time periods, rather than focusing on isolated transactions, when evaluating these signals.