Groupama Asset Managment Has $9.14 Million Stake in Salesforce Inc. $CRM

Key Points

• Groupama Asset Management cut its Salesforce stake by 18.2% in Q3, selling 8,595 shares and leaving it with 38,574 shares valued at $9.14 million; about 80.43% of Salesforce is held by institutional investors.
• Salesforce's board authorized a $25 billion share repurchase and raised the quarterly dividend to $0.44, though the accelerated buyback and a $6 billion term loan have raised concerns about increased leverage and interest expense.
• The company beat recent quarterly expectations (EPS $3.81 vs. $3.05), provided FY27 EPS guidance of 13.110–13.190, and carries a consensus analyst rating of "Moderate Buy" with an average price target near $280.21.

Groupama Asset Managment lowered its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 18.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,574 shares of the CRM provider's stock after selling 8,595 shares during the period. Groupama Asset Managment's holdings in Salesforce were worth $9,142,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Aspire Growth Partners LLC boosted its stake in shares of Salesforce by 1.2% in the third quarter. Aspire Growth Partners LLC now owns 3,355 shares of the CRM provider's stock valued at $795,000 after buying an additional 39 shares during the period. Abacus Planning Group Inc. increased its stake in Salesforce by 3.1% during the 3rd quarter. Abacus Planning Group Inc. now owns 1,420 shares of the CRM provider's stock worth $337,000 after acquiring an additional 43 shares during the period. 17 Capital Partners LLC raised its holdings in Salesforce by 1.9% in the 2nd quarter. 17 Capital Partners LLC now owns 2,321 shares of the CRM provider's stock valued at $633,000 after acquiring an additional 44 shares in the last quarter. Code Waechter LLC raised its holdings in Salesforce by 5.3% in the 3rd quarter. Code Waechter LLC now owns 871 shares of the CRM provider's stock valued at $209,000 after acquiring an additional 44 shares in the last quarter. Finally, Capital A Wealth Management LLC lifted its position in shares of Salesforce by 40.9% during the 2nd quarter. Capital A Wealth Management LLC now owns 155 shares of the CRM provider's stock valued at $41,000 after acquiring an additional 45 shares during the period. 80.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Morgan Stanley reduced their target price on Salesforce from $398.00 to $287.00 and set an "overweight" rating on the stock in a report on Monday, February 23rd. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $281.00 price target on shares of Salesforce in a research note on Thursday, February 26th. Wolfe Research reaffirmed an "outperform" rating on shares of Salesforce in a research report on Thursday, January 15th. Citigroup raised their target price on shares of Salesforce from $197.00 to $200.00 and gave the company a "neutral" rating in a report on Monday, March 2nd. Finally, Northland Securities dropped their target price on shares of Salesforce from $267.00 to $229.00 and set a "market perform" rating for the company in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Salesforce presently has a consensus rating of "Moderate Buy" and an average price target of $280.21.

Insider Activity at Salesforce

In related news, Director David Blair Kirk bought 2,570 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were purchased at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the transaction, the director directly owned 13,689 shares of the company's stock, valued at approximately $2,664,153.18. This represents a 23.11% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Neelie Kroes sold 3,893 shares of the business's stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total transaction of $929,259.10. Following the sale, the director directly owned 7,299 shares in the company, valued at approximately $1,742,271.30. The trade was a 34.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.00% of the company's stock.

Salesforce Price Performance

Shares of CRM stock opened at $194.47 on Thursday. The business has a fifty day simple moving average of $206.53 and a 200 day simple moving average of $233.88. The company has a market cap of $179.50 billion, a P/E ratio of 24.90, a P/E/G ratio of 1.42 and a beta of 1.29. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18. Salesforce Inc. has a twelve month low of $174.57 and a twelve month high of $296.05.

Salesforce (NYSE:CRM - Get Free Report) last released its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analysts' expectations of $11.18 billion. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The business's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.78 earnings per share. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. On average, sell-side analysts forecast that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be issued a dividend of $0.44 per share. This is a boost from Salesforce's previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce's payout ratio is presently 21.25%.

Salesforce announced that its Board of Directors has authorized a share repurchase program on Monday, March 16th that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Board authorized a $25 billion share repurchase program and initiated an accelerated buyback, signaling management confidence and likely near‑term support for the stock. Stock Buyback Plan Initiated by Salesforce
• Positive Sentiment: Strong product momentum from Agentic AI, Agentforce and Data Cloud is driving higher bookings and revenue growth prospects — a core reason bulls expect reacceleration in CRM's top line. Salesforce's Agentic AI Push
• Positive Sentiment: Partnership with NVIDIA to embed AI agents into workflows strengthens Salesforce’s go‑to‑market for AI features and could accelerate adoption across enterprise customers. Salesforce Teams with NVIDIA
• Neutral Sentiment: Analyst commentary remains mixed-to-supportive: some firms reiterated buy ratings on the capital allocation strategy, but views differ on risk/reward given the new leverage. Buy Rating on Capital Allocation
• Neutral Sentiment: Third‑party comparisons and coverage pieces (e.g., head‑to‑head with smaller rivals) are airing but aren’t driving material moves relative to the buyback/debt story. Unitronix vs Salesforce Comparison
• Negative Sentiment: The $25 billion accelerated share repurchase and $6 billion term loan are largely debt‑funded (multi‑tranche senior notes and refinancing), materially changing Salesforce’s capital structure and raising concerns about leverage, interest expense and long‑dated maturities. That shift is the main near‑term bearish catalyst. Bull Case Could Change After Debt-Funded Buyback

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.

Want to see what other hedge funds are holding CRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Salesforce Inc. (NYSE:CRM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.