4,004 Shares in Salesforce Inc. $CRM Purchased by True Vision MN LLC

Key Points

• True Vision MN LLC bought a new stake in Salesforce during the first quarter, purchasing 4,004 shares valued at about $747,000.
• Salesforce reported better-than-expected quarterly results, with EPS of $3.88 versus the $3.13 estimate and revenue of $11.13 billion, up 13.3% year over year.
• The company also announced a $25 billion share repurchase program and a quarterly dividend of $0.44 per share, reflecting shareholder-return efforts amid a stock price that has been under pressure this year.

True Vision MN LLC bought a new stake in Salesforce Inc. (NYSE:CRM - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,004 shares of the CRM provider's stock, valued at approximately $747,000.

Other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new stake in shares of Salesforce in the fourth quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new stake in shares of Salesforce in the fourth quarter worth $26,000. Key Capital Management INC bought a new position in Salesforce during the fourth quarter worth $26,000. Gilpin Wealth Management LLC bought a new position in Salesforce during the fourth quarter worth $26,000. Finally, Legacy Bridge LLC acquired a new position in Salesforce during the 4th quarter valued at $27,000. 80.43% of the stock is owned by institutional investors.

Salesforce Stock Down 0.1%

Shares of CRM stock opened at $151.67 on Monday. Salesforce Inc. has a one year low of $149.80 and a one year high of $276.80. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a fifty day moving average price of $177.42 and a 200 day moving average price of $204.15. The stock has a market cap of $124.22 billion, a P/E ratio of 17.55, a price-to-earnings-growth ratio of 0.94 and a beta of 1.16.

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

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors 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 dividend on an annualized basis and a yield of 1.2%. Salesforce's payout ratio is presently 20.37%.

Salesforce announced that its board has authorized a share repurchase plan on Monday, March 16th that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the CRM provider to purchase up to 14.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Key Headlines Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Salesforce to buy from neutral and set a $200 price target, signaling roughly 32% upside and citing valuation appeal plus AI-related gains. Monness upgrades Salesforce stock on valuation, AI gains; sees 31% upside
• Positive Sentiment: Truist reiterated confidence in Salesforce following its $3.6 billion acquisition of Fin, a move that could strengthen the company’s AI/customer-agent product lineup. Salesforce (CRM) Earns Vote of Confidence from Truist after $3.6 Billion Acquisition
• Positive Sentiment: Several recent articles highlighted Salesforce as a long-term growth name and an AI beneficiary, with bullish coverage around its Agentforce strategy and generative AI positioning. Why Salesforce (CRM) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Comparison pieces versus Oracle and broad stock-picking articles suggest investors are weighing Salesforce’s slower recent performance against its AI growth narrative rather than reacting to a single new catalyst. Oracle vs. Salesforce: Which Tech Giant Is The Better Buy?
• Negative Sentiment: A recent commentary noted that Salesforce stock has fallen sharply this year, reflecting investor concern about execution, growth expectations, and the company’s discounted valuation versus past highs. Salesforce (CRM) Stock Plunges 41% This Year — A Buying Opportunity Emerges?

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CRM. Truist Financial set a $280.00 price target on shares of Salesforce in a report on Thursday, February 26th. KeyCorp dropped their price objective on shares of Salesforce from $300.00 to $290.00 and set an "overweight" rating on the stock in a report on Thursday, May 28th. Mizuho cut their price objective on shares of Salesforce from $280.00 to $265.00 and set an "outperform" rating for the company in a research report on Thursday, February 26th. Citigroup reiterated a "market outperform" rating on shares of Salesforce in a research note on Thursday, May 28th. Finally, Stifel Nicolaus decreased their target price on Salesforce from $300.00 to $250.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $257.61.

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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