6,022 Shares in Salesforce Inc. $CRM Bought by XY Planning Network Inc.

Key Points

• XY Planning Network acquired 6,022 Salesforce shares worth approximately $1.38 million in the third quarter. Institutional investors collectively own 80.43% of Salesforce’s stock.
• Salesforce shares rose 1.8% to $238.14, while the company reported quarterly EPS of $5.90—well above the $3.27 analyst consensus—and revenue of $11.35 billion, up 10.8% year over year.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and $278.12 price target; Salesforce also pays a quarterly dividend of $0.44 per share, yielding 0.7% annually.

XY Planning Network Inc. acquired a new stake in Salesforce Inc. (NYSE:CRM - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,022 shares of the CRM provider's stock, valued at approximately $1,382,000.

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

Salesforce Trading Up 1.8%

Shares of NYSE CRM opened at $238.14 on Wednesday. The stock's 50 day moving average price is $228.44 and its two-hundred day moving average price is $193.67. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $269.11. The stock has a market capitalization of $195.99 billion, a P/E ratio of 17.32, a PEG ratio of 1.07 and a beta of 1.26. 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 (NYSE:CRM - Get Free Report) last released its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping analysts' consensus estimates of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. Salesforce's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts anticipate that Salesforce Inc. will post 12.82 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, September 17th were paid a dividend of $0.44 per share. The ex-dividend date was Thursday, September 17th. This represents a $1.76 annualized dividend and a yield of 0.7%. Salesforce's dividend payout ratio (DPR) is 16.04%.

Insider Buying and Selling at Salesforce

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

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Bank of America upgraded Salesforce directly from Underperform to Buy and raised its price target to $285 from $160. The analyst sees AI strengthening demand for enterprise software, while the current valuation and Salesforce’s large buyback provide downside support. Salesforce Just Got a Rare Double Upgrade—What Changed?
• Positive Sentiment: Salesforce agreed to acquire Loops, an AI-powered analytics platform, for approximately $30 million. Loops is expected to enhance Tableau and Slack by proactively identifying business changes, explaining anomalies and recommending actions through Salesforce’s agentic-AI products. Salesforce to buy AI-powered analytics platform Loops
• Positive Sentiment: Recent operating indicators support the AI investment case: Agentforce reportedly surpassed $1.5 billion in annual recurring revenue, remaining performance obligations rose about 14% to $33.5 billion, and management is shifting toward usage-based pricing that could capture revenue from automated work rather than relying only on per-seat subscriptions. What Would It Take For Salesforce Stock To Move Higher?
• Positive Sentiment: The expanded DocuSign partnership will make Intelligent Agreement Management available natively across Salesforce, Agentforce and Slack, potentially increasing platform engagement and giving customers more AI-enabled workflow functionality. Docusign and Salesforce Launch Intelligent Agreement Management
• Neutral Sentiment: Salesforce’s latest quarter featured a substantial EPS beat and roughly 11% revenue growth, but investors continue to watch whether AI trials translate into paid upgrades and sustained organic revenue acceleration.
• Negative Sentiment: Risks remain from AI potentially reducing software seats, elevated short interest, acquisition-integration challenges and Salesforce’s slower stock performance relative to the broader market. The Loops deal is expected to close in November, making execution and measurable customer adoption important near-term catalysts.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Bank of America raised Salesforce from an "underperform" rating to a "buy" rating and upped their target price for the company from $160.00 to $285.00 in a research report on Monday. Citigroup reissued a "market outperform" rating on shares of Salesforce in a research report on Friday, September 18th. HC Wainwright lowered shares of Salesforce to a "negative" rating in a research note on Thursday, June 18th. Royal Bank Of Canada restated a "sector perform" rating and issued a $250.00 price target on shares of Salesforce in a research note on Thursday, September 17th. Finally, Mizuho upped their price target on shares of Salesforce from $265.00 to $280.00 and gave the company an "outperform" rating in a report on Wednesday, September 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Salesforce has a consensus rating of "Moderate Buy" and a consensus target price of $278.12.

Salesforce 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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