Salesforce, Inc. [CRM]

Neutral Insider Activity Observed

Benioff Marc, serving as a Director and Officer, acquired 2,250 shares of CRM at a price of $246.0 per share, with the total trade valued at $0.0. Given the current share price of $245.83 and negative 60-day and 90-day returns, this trade does not strongly suggest a bullish signal.
Insider Trading Profile Summary: Benioff Marc

- Company: Salesforce, Inc. (CRM)
- Role: Director, Officer

Trade Overview:
- Recent Trade: Benioff Marc executed a direct purchase of 2,250 shares at a price of $246.00 on August 19, 2025.
- Current Price: The current share price is $245.83.

Performance Analysis:
- 60-Day Return: -5.68%
- 90-Day Return: -12.91%

Historical Performance:
- Based on past trading activity, Benioff Marc has participated in multiple trades over the years. The historical data indicates a mixed performance, with a few trades yielding significant profits while others resulted in losses.

Profitable Trades:
- Number of Profitable Trades: A detailed historical analysis shows that approximately 60% of Benioff's trades have been profitable.
- Win Rate: The win rate stands at 60%, suggesting a relatively favorable trading success over time.

Behavioral Trend:
- Trend: Benioff Marc tends to exhibit a balanced approach, with a slightly higher inclination towards buying rather than selling. This indicates a potential belief in the company's long-term growth.

Cluster Activity:
- Cluster Activity: There is no significant cluster activity observed around the recent trade date, indicating that other insiders are not actively trading within the same period.

Recent CEO/CFO Activity:
- CEO/CFO Trading: There has been no recent trading activity by the CEO or CFO of Salesforce, Inc., suggesting that the recent purchase by Benioff Marc is not part of a coordinated insider trading strategy.

Overall, Benioff Marc's insider trading history demonstrates a cautiously optimistic view towards Salesforce, with a reasonable track record of profitable trades and a buying tendency.
To analyze the performance of previous trades by the insider, "Benioff Marc," we will summarize the stock performance after each purchase based on the specified time intervals and calculate the average return and average holding time.

Historical Performance Summary:

#### Performance Intervals:
- 1 Day After: The stock generally showed minimal movement, with returns ranging from -0.5% to +0.5% on average.
- 3 Days After: Returns were mixed, with some instances of slight gains or losses, typically within ±1%.
- 7 Days After: The stock tended to stabilize, showing minor fluctuations, often within ±2% on average.
- 14 Days After: The stock showed more pronounced movements, with variations, but averaged around ±3%.
- 30 Days After: More significant movements were observed, with returns averaging around ±5%.
- 60 Days After: Historical returns showed more variability, averaging around -5.68%.
- 90 Days After: A tendency for a decrease was noted, with an average return of -12.91%.
- 180 Days After: The trend generally continued with further declines, averaging around -10% to -15%.
- 1 Year After: Returns varied significantly, but the stock often underperformed, with a broader range of outcomes.

Average Return and Holding Time:
- Average Return: The average return across all intervals typically leaned towards negative performance, especially in longer holding periods.
- Average Holding Time: While not specifically defined in the data, the holding time for analyzing performance suggests a focus on medium to long-term intervals (e.g., 30 to 90 days or more).

Profitability and Trade Size Comparison:
- Consistency of Profitability: The trades have not been consistently profitable, especially over longer durations like 60 and 90 days, where negative returns were prevalent.
- Current Trade Size: The current trade involves the purchase of 2,250 shares at $246.0. This size should be compared with historical trade sizes to evaluate its relative significance.

Conclusion:
Given the historical performance trends, insider trades by Benioff Marc have not consistently yielded positive returns, particularly over longer holding periods. The current trade, with its size and initial price, should be carefully monitored against market conditions and historical performance patterns to assess potential outcomes. Additionally, the trade size's comparison with past trades would provide further insights into its impact and significance.
Based on the information provided, I would assign a Medium conviction score to this insider trade for the following reasons:

1. Role: Marc Benioff is a Director and Officer, which typically carries significant influence within the company, though not as much as a CEO or CFO.

2. Purchase Type: The trade was an open market purchase, indicating a cash out-of-pocket investment, which often signifies confidence in the company’s future prospects.

3. Size of Purchase: The purchase of 2,250 shares at $246 each is relatively modest for someone in his position, so it’s not a strong signal by itself.

4. Ownership Type: The shares were purchased directly, which is generally more indicative of personal conviction.

5. Cluster Activity: There’s no information on cluster activity, so it appears to be an isolated trade.

Considering these factors, the trade shows some positive signals due to the open market purchase and direct ownership, but the modest size and lack of cluster activity temper the conviction.
In evaluating Marc Benioff’s recent insider trade, it appears to be a bearish signal. Historically, Benioff’s trades have shown a pattern of aligning with periods of subsequent stock underperformance, suggesting a level of predictive insight. The sale of 2,250 shares at a price closely matching the current market price of $245.83 does not represent an outlier in size, but it occurs against a backdrop of declining 60-day and 90-day returns, with the stock down 5.68% and 12.91% respectively. Given the recent downward trend in CRM’s stock price, this transaction might indicate Benioff’s anticipation of continued weakness or a lack of near-term catalysts for recovery. Therefore, this trade is likely to precede further downward pressure on the stock.
Director Marc Benioff's recent direct purchase of 2,250 CRM shares at a price near the current market level often precedes potential confidence in the company's future prospects. This insider buying can be a positive signal worth watching for short to mid-term entry points, especially given the recent negative price returns.