13,381 Shares in Salesforce Inc. $CRM Purchased by Altrafin AG

Altrafin AG acquired a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,381 shares of the CRM provider's stock, valued at approximately $3,545,000. Salesforce accounts for 1.1% of Altrafin AG's investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new stake in Salesforce during the fourth quarter worth about $25,000. Board of the Pension Protection Fund bought a new stake in Salesforce during the fourth quarter worth about $26,000. Key Capital Management INC bought a new stake in Salesforce during the fourth quarter worth about $26,000. Gilpin Wealth Management LLC bought a new stake in Salesforce during the fourth quarter worth about $26,000. Finally, Legacy Bridge LLC bought a new stake in Salesforce during the fourth quarter worth about $27,000. Institutional investors own 80.43% of the company's stock.

More Salesforce News

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

Insider Activity at Salesforce

In other news, Director David Blair Kirk acquired 2,570 shares of the stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the purchase, the director directly owned 13,689 shares of the company's stock, valued at $2,664,153.18. This represents a 23.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Laura Alber acquired 2,571 shares of the stock in a transaction dated Thursday, March 19th. The stock was purchased at an average cost of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director directly owned 9,530 shares of the company's stock, valued at $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.

Salesforce Stock Down 0.2%

CRM stock opened at $166.07 on Friday. The stock has a market capitalization of $136.01 billion, a P/E ratio of 19.22, a price-to-earnings-growth ratio of 1.03 and a beta of 1.16. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a 12 month low of $161.40 and a 12 month high of $276.80. The firm has a 50-day moving average price of $180.10 and a 200-day moving average price of $206.89.

Salesforce (NYSE:CRM - Get Free Report) last posted its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts' consensus estimates of $3.13 by $0.75. The firm had revenue of $11.13 billion during the quarter, compared to analysts' expectations of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. As a group, equities research analysts anticipate that Salesforce Inc. will post 10.29 EPS for the current fiscal year.

Salesforce declared that its board has initiated 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 buy up to 14.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Salesforce Announces Dividend

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 paid a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.1%. Salesforce's dividend payout ratio is currently 20.37%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Barclays cut their price objective on shares of Salesforce from $252.00 to $236.00 and set an "overweight" rating for the company in a research report on Thursday, May 28th. JPMorgan Chase & Co. cut their price objective on shares of Salesforce from $365.00 to $320.00 and set an "overweight" rating for the company in a research report on Thursday, February 26th. Needham & Company LLC reaffirmed a "buy" rating and set a $400.00 price objective on shares of Salesforce in a research report on Thursday, February 26th. Jefferies Financial Group reissued a "buy" rating on shares of Salesforce in a report on Tuesday, May 26th. Finally, Mizuho dropped their target price on shares of Salesforce from $280.00 to $265.00 and set an "outperform" rating for the company in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $259.26.

Salesforce Company 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.

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