Salesforce Inc. $CRM Shares Sold by TD Asset Management Inc

TD Asset Management Inc lowered its holdings in Salesforce Inc. (NYSE:CRM) by 13.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 668,489 shares of the CRM provider’s stock after selling 107,124 shares during the quarter. TD Asset Management Inc owned 0.07% of Salesforce worth $158,432,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rockland Trust Co. increased its holdings in Salesforce by 1,145.6% in the third quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider’s stock valued at $3,097,000 after buying an additional 12,017 shares in the last quarter. Alps Advisors Inc. boosted its stake in shares of Salesforce by 98.3% during the 3rd quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider’s stock worth $5,085,000 after acquiring an additional 10,633 shares in the last quarter. Midwest Trust Co grew its holdings in shares of Salesforce by 2.3% in the 3rd quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider’s stock worth $44,336,000 after acquiring an additional 4,233 shares during the period. Jones Financial Companies Lllp increased its stake in Salesforce by 15.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider’s stock valued at $113,420,000 after purchasing an additional 61,270 shares in the last quarter. Finally, AGF Management Ltd. increased its stake in Salesforce by 42.2% in the 3rd quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider’s stock valued at $66,610,000 after purchasing an additional 83,403 shares in the last quarter. 80.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CRM shares. Sanford C. Bernstein reiterated an “underperform” rating on shares of Salesforce in a research report on Thursday, December 4th. Piper Sandler cut their price target on Salesforce from $315.00 to $280.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. Barclays boosted their price objective on shares of Salesforce from $330.00 to $338.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Canaccord Genuity Group restated a “buy” rating and set a $300.00 target price on shares of Salesforce in a report on Thursday, December 4th. Finally, Guggenheim restated a “neutral” rating on shares of Salesforce in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Salesforce currently has an average rating of “Moderate Buy” and an average target price of $301.56.

Insiders Place Their Bets

In other Salesforce news, Director Neelie Kroes sold 3,893 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total transaction of $929,259.10. Following the transaction, the director owned 7,299 shares of the company’s stock, valued at $1,742,271.30. This represents a 34.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director G Mason Morfit acquired 96,000 shares of the stock in a transaction dated Friday, December 5th. The stock was acquired at an average cost of $260.58 per share, with a total value of $25,015,680.00. Following the transaction, the director owned 2,994,509 shares of the company’s stock, valued at approximately $780,309,155.22. This trade represents a 3.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 3.00% of the company’s stock.

Salesforce Trading Up 3.7%

Shares of CRM stock opened at $192.19 on Thursday. The company has a market capitalization of $180.08 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 1.26 and a beta of 1.27. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $226.45 and a 200 day moving average price of $238.86. Salesforce Inc. has a twelve month low of $174.57 and a twelve month high of $313.70.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.76. The company had revenue of $11.20 billion for the quarter, compared to analysts’ expectations of $11.18 billion. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the company earned $2.78 EPS. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. Research analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Thursday, April 9th will be issued a $0.44 dividend. This is a boost from Salesforce’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 9th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s payout ratio is presently 22.16%.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Adjusted Q4 earnings topped expectations — Salesforce reported an adjusted EPS beat and revenue roughly in line with consensus, showing continued margin progress and revenue growth year-over-year. Q4 results & transcript
• Positive Sentiment: Management raised forward profit targets: Q1 FY2027 EPS guidance of $3.110–$3.130 and FY2027 EPS guidance of $13.110–$13.190 both materially exceed Street consensus — a clear positive signal for future EPS trajectory (company guidance released 2/25/2026).
• Positive Sentiment: Large shareholder-friendly action — Salesforce committed to a sizable buyback program (reported as ~$50 billion), which supports EPS and provides a backstop for the stock. Buyback coverage
• Neutral Sentiment: Revenue guidance mixed but broadly in-line: Q1 revenue guidance of $11.0–$11.1B is at/just above consensus, while FY revenue guidance ($45.8–$46.2B) centers near the Street forecast — supports stable top-line growth though not a clear upside catalyst. Revenue outlook
• Neutral Sentiment: Operating cash flow strength — cash from operations jumped year-over-year (helping liquidity), even as cash balances and liabilities shifted; useful context for buybacks and capital allocation decisions. Cash flow and balance-sheet details
• Negative Sentiment: After-hours weakness and investor caution — despite the EPS beat, shares slid after hours as participants focused on revenue nuances and the company’s “stable” top‑line growth outlook; some analysts trimmed targets or downgraded, putting downward pressure on the stock. After-hours reaction
• Negative Sentiment: AI disruption narrative and sentiment risk — ongoing market anxiety that generative AI could displace parts of the enterprise software stack continues to weigh on valuation multiples for Salesforce and peers, contributing to volatility. AI concerns coverage
• Negative Sentiment: Insider/analyst dynamics — large insider share sales reported and mixed analyst moves (some price-target cuts despite buy ratings from others) add short-term selling pressure and uncertainty about near-term sentiment. Insider & analyst activity

Salesforce Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.