Salesforce Inc. $CRM Shares Bought by Ieq Capital LLC

Ieq Capital LLC raised its holdings in Salesforce Inc. (NYSE:CRM) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 550,721 shares of the CRM provider’s stock after purchasing an additional 16,197 shares during the period. Salesforce comprises approximately 0.4% of Ieq Capital LLC’s holdings, making the stock its 24th largest holding. Ieq Capital LLC owned about 0.06% of Salesforce worth $145,892,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in CRM. Commonwealth Retirement Investments LLC acquired a new position in shares of Salesforce in the 4th quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of Salesforce in the 4th quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in shares of Salesforce in the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC bought a new stake in shares of Salesforce in the 4th quarter valued at approximately $26,000. Finally, Legacy Bridge LLC bought a new stake in shares of Salesforce in the 4th quarter valued at approximately $27,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Salesforce

In other news, Director David Blair Kirk acquired 2,570 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Laura Alber acquired 2,571 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was purchased at an average price of $194.58 per share, with a total value of $500,265.18. Following the acquisition, the director owned 9,530 shares of the company’s stock, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Macquarie Infrastructure lowered their price target on Salesforce from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. Truist Financial set a $280.00 price target on Salesforce in a report on Thursday, February 26th. Stifel Nicolaus lowered their price target on Salesforce from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Jefferies Financial Group reiterated a “buy” rating on shares of Salesforce in a report on Tuesday, May 26th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 price target on shares of Salesforce in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.26.

Salesforce Trading Down 0.2%

Shares of Salesforce stock opened at $166.07 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The firm has a market cap of $136.01 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.04 and a beta of 1.16. The business has a fifty day simple moving average of $180.10 and a 200-day simple moving average of $206.89. Salesforce Inc. has a fifty-two week low of $161.40 and a fifty-two week high of $276.80.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion during the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, equities analysts forecast that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce announced that its Board of Directors has authorized a stock buyback plan on Monday, March 16th that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be issued a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. Salesforce’s dividend payout ratio is 20.37%.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarter was strong, with revenue of $11.13 billion, EPS of $3.88, and AI/data ARR rising to $3.4 billion; Agentforce alone reached $1.2 billion in ARR, reinforcing the company’s AI growth story and supporting the bullish case. Article Title
• Positive Sentiment: Erste Group Bank raised its earnings expectations for Salesforce, estimating FY2027 EPS at $10.17 and FY2028 EPS at $11.07, which suggests confidence in longer-term profitability. Article Title
• Positive Sentiment: Salesforce is getting renewed attention from market watchers, and several articles highlight that its AI pivot and low valuation could attract investors if execution continues to improve. Article Title
• Neutral Sentiment: Salesforce is also being discussed in the context of broader software-sector weakness, with investors favoring AI infrastructure and chip names over traditional subscription software. Article Title
• Negative Sentiment: Salesforce announced another round of layoffs tied to its AI and Marketing Cloud teams, signaling restructuring pressure as it shifts toward AI-focused and usage-based monetization models. Article Title
• Negative Sentiment: Several reports note that CRM shares are near 52-week lows as investors worry the market is rotating away from legacy software names, keeping pressure on the stock despite solid fundamentals. Article Title

About Salesforce

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.