4,543 Salesforce Inc. $CRM Shares Acquired by GAMMA Investing LLC

Key Points

• GAMMA Investing LLC increased its Salesforce stake by 30.4% in the third quarter, acquiring 4,543 additional shares for a total of 19,496 shares valued at approximately $4.48 million. Institutional investors collectively own 80.43% of Salesforce.
• Analyst sentiment remains generally positive, with Salesforce carrying a “Moderate Buy” consensus rating and an average price target of $275.14. Ratings include 30 Buys, 14 Holds, three Strong Buys and three Sells.
• Salesforce reported quarterly revenue of $11.35 billion, up 10.8% year over year, and adjusted earnings of $5.90 per share, well above estimates. The company also declared a quarterly dividend of $0.44 per share, equivalent to a 0.8% annual yield.

GAMMA Investing LLC boosted its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 30.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,496 shares of the CRM provider's stock after acquiring an additional 4,543 shares during the quarter. GAMMA Investing LLC's holdings in Salesforce were worth $4,476,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Temasek Holdings Private Ltd boosted its position in Salesforce by 3.7% during the 4th quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider's stock worth $181,143,000 after acquiring an additional 24,332 shares during the period. Fluent Financial LLC purchased a new stake in Salesforce in the 2nd quarter worth approximately $2,265,000. TAM Capital Management Inc. acquired a new stake in shares of Salesforce during the 1st quarter valued at $40,945,000. Secured Retirement Advisors LLC purchased a new position in shares of Salesforce during the 1st quarter valued at $1,004,000. Finally, Janus Henderson Group PLC increased its stake in shares of Salesforce by 2.5% in the first quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider's stock worth $23,846,000 after acquiring an additional 3,125 shares during the last quarter. Institutional investors own 80.43% of the company's stock.

Insider Activity

In other news, Director Craig Conway sold 4,500 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $260.61, for a total transaction of $1,172,745.00. Following the completion of the transaction, the director owned 5,437 shares of the company's stock, valued at approximately $1,416,936.57. This represents a 45.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Blair Kirk bought 4,176 shares of Salesforce stock in a transaction that occurred on Friday, September 18th. The stock was bought at an average price of $239.33 per share, with a total value of $999,442.08. Following the purchase, the director owned 18,748 shares of the company's stock, valued at $4,486,958.84. This trade represents a 28.66% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.50% of the company's stock.

Wall Street Analyst Weigh In

CRM has been the subject of several recent research reports. HC Wainwright lowered Salesforce to a "negative" rating in a report on Thursday, June 18th. Truist Financial reaffirmed a "buy" rating and issued a $300.00 target price (up from $280.00) on shares of Salesforce in a research report on Thursday, August 27th. Scotiabank downgraded Salesforce from a "sector outperform" rating to a "sector perform" rating in a research note on Thursday, June 18th. Jefferies Financial Group reiterated a "buy" rating on shares of Salesforce in a report on Monday, September 21st. Finally, Mizuho boosted their price target on Salesforce from $265.00 to $280.00 and gave the company an "outperform" rating in a research note on Wednesday, September 16th. Three research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $275.14.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Agentforce adoption is broad, although demand remains a question. Oppenheimer maintained an Outperform rating and a $275 price target after a Dreamforce survey found that 85% of Salesforce customers had tried Agentforce. The firm characterized the data as evidence of healthy customer spending, but noted it has not yet clearly demonstrated accelerating demand. 85% of Salesforce Customers Have Tried Agentforce. Oppenheimer Says One Thing Is Missing
• Positive Sentiment: Salesforce’s financial profile supports a potential re-rating. Analysts and market commentators highlighted its profitability, free-cash-flow yield of approximately 8.2% of market value and relatively depressed forward valuation. The company’s latest reported quarter also showed double-digit revenue growth and a substantial earnings beat, providing fundamental support for the stock. Should You Buy Salesforce Stock For Its Cash?
• Positive Sentiment: Institutional buying and customer stickiness are improving sentiment. One market analysis argued that Salesforce’s switching costs, enterprise data ownership and agentic-AI capabilities make it more likely to benefit from AI than be displaced by it. Technical indicators reportedly showed improving money flow and relative strength, while analyst price targets remain above recent trading levels. Wall Street Left Software for Dead: 4 Stocks Institutions Are Buying Back
• Positive Sentiment: Storefront Next gained a commerce-security launch partner. Forter will provide fraud-prevention and trust-intelligence tools for Salesforce’s Storefront Next and Loyalty Management offerings. The partnership could strengthen Salesforce’s commerce proposition and help support adoption among enterprise customers. Salesforce Names a Launch Partner for Storefront Next
• Neutral Sentiment: Salesforce remains favored by some software-market commentators. Jim Cramer said he preferred Salesforce while discussing software-sector recoveries, but the comments were opinion-based and did not represent a new company announcement or change in earnings expectations. Jim Cramer Has Reservations About One of These Software Comebacks
• Negative Sentiment: Competitive migration tools highlight a potential customer-retention risk. Work4Flow launched a 90-day program designed to move enterprises from Salesforce to ServiceNow CRM, including data, custom objects and business logic. Although the announcement does not indicate broad customer departures, it reinforces competition and the risk that migration becomes easier. Work4Flow Launches 90-Day Program to Accelerate Salesforce-to-ServiceNow CRM Migration

Salesforce Trading Up 1.3%

NYSE:CRM opened at $227.57 on Friday. The company's 50 day moving average is $225.66 and its 200-day moving average is $192.67. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. Salesforce Inc. has a 12 month low of $146.32 and a 12 month high of $269.11. The firm has a market cap of $187.29 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 1.03 and a beta of 1.26.

Salesforce (NYSE:CRM - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The company had revenue of $11.35 billion during the quarter, compared to analysts' expectations of $11.33 billion. During the same period in the prior year, the company earned $2.91 earnings per share. The business's quarterly revenue was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Equities analysts anticipate that Salesforce Inc. will post 12.82 EPS for the current year.

Salesforce Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, September 17th. Salesforce's dividend payout ratio (DPR) is currently 16.04%.

Salesforce Company Profile

Salesforce, Inc NYSE: CRM develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company's product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.

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