Munich Reinsurance Co Stock Corp in Munich Purchases New Shares in Salesforce Inc. $CRM

Key Points

• Munich Re bought a new stake of 29,505 Salesforce shares in Q3, worth about $6.99 million, according to its SEC filing.
• Strong fundamentals and shareholder returns: Salesforce beat estimates with $3.81 EPS and $11.20B revenue, announced a $50 billion buyback, and raised its quarterly dividend to $0.44, boosting positive market sentiment.
• Insider and institutional activity: Director David Blair Kirk bought 1,936 shares (at $258.64) while director Neelie Kroes sold 3,893 shares; institutional investors own about 80.43% of the stock and insiders about 3.0%.

Munich Reinsurance Co Stock Corp in Munich purchased a new position in Salesforce Inc. (NYSE:CRM - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,505 shares of the CRM provider's stock, valued at approximately $6,993,000.

A number of other institutional investors have also added to or reduced their stakes in CRM. Marquette Asset Management LLC purchased a new stake in shares of Salesforce in the 3rd quarter worth about $26,000. Evolution Wealth Management Inc. purchased a new stake in Salesforce in the second quarter worth about $27,000. Country Trust Bank increased its stake in shares of Salesforce by 658.8% during the second quarter. Country Trust Bank now owns 129 shares of the CRM provider's stock valued at $35,000 after purchasing an additional 112 shares in the last quarter. Decker Retirement Planning Inc. increased its stake in shares of Salesforce by 284.6% during the second quarter. Decker Retirement Planning Inc. now owns 150 shares of the CRM provider's stock valued at $41,000 after purchasing an additional 111 shares in the last quarter. Finally, Capital A Wealth Management LLC lifted its holdings in shares of Salesforce by 40.9% during the second quarter. Capital A Wealth Management LLC now owns 155 shares of the CRM provider's stock valued at $41,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 80.43% of the company's stock.

Insider Buying and Selling at Salesforce

In other news, Director David Blair Kirk purchased 1,936 shares of the company's stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of $258.64 per share, with a total value of $500,727.04. Following the purchase, the director owned 10,677 shares in the company, valued at approximately $2,761,499.28. This trade represents a 22.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the company's stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total transaction of $929,259.10. Following the transaction, the director owned 7,299 shares in the company, valued at $1,742,271.30. The trade was a 34.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.00% of the stock is owned by insiders.

Salesforce News Summary

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Recent earnings and market reaction — Salesforce reported an earnings beat and record revenue, and the stock has rebounded from recent lows as investors appear to be looking past worst‑case AI fears. This is the main driver of improving sentiment. Salesforce: A Week After Earnings, the Market Has Spoken
• Positive Sentiment: Large buyback and cash flow strength — Analysts highlight a meaningful free cash flow beat and Salesforce’s announcement of a massive $50B buyback, which can materially support share price and EPS over time. Salesforce: AI Disruption Fears Create Mispricing
• Positive Sentiment: Analyst upgrades and bullish price targets — Multiple firms have reiterated or raised ratings (e.g., Phillip Securities maintained a Buy with a $253 target), helping lift investor confidence. Upgrades/price‑target moves are directly supportive of the rally. Phillip Securities Maintains a Buy on Salesforce (CRM)
• Positive Sentiment: Product/AI momentum and partnerships — New AI initiatives (Agentforce) and a Formula 1 fan‑agent rollout show tangible go‑to‑market AI use cases that support long‑term monetization of AI features. Salesforce Inc. (CRM) Leverages AI to Transform Fan and Customer Engagement
• Neutral Sentiment: Analyst/industry writeups highlight momentum and valuation — Several outlets (Zacks) list Salesforce among software names positioned to benefit from a sector recovery; these articles boost visibility but provide less immediate price impact than earnings or buybacks. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Geographic expansion — Reports noting the Philippines as a fast‑growing market signal incremental revenue opportunities but are less likely to move the stock near term. Philippines fastest-growing market for Salesforce in Southeast Asia
• Negative Sentiment: Ongoing AI disruption and valuation concerns — Despite improving signals, investors remain wary that AI could compress demand or enable lower‑cost competitors; the stock still reflects a material YTD and 1‑year decline, keeping downside risk present. Is Salesforce (CRM) Pricing Reflect Its Cash Flow Outlook After Recent Share Price Weakness

Salesforce Stock Up 0.3%

Shares of CRM stock opened at $202.04 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.98. Salesforce Inc. has a one year low of $174.57 and a one year high of $296.05. The company's fifty day moving average price is $217.21 and its 200-day moving average price is $236.86. The company has a market capitalization of $186.48 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.47 and a beta of 1.29.

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

Salesforce Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Guggenheim restated a "neutral" rating on shares of Salesforce in a report on Thursday, December 4th. Evercore reduced their target price on Salesforce from $360.00 to $340.00 and set an "outperform" rating for the company in a report on Thursday, December 4th. Jefferies Financial Group lowered their price target on Salesforce from $375.00 to $250.00 and set a "buy" rating on the stock in a report on Monday, February 23rd. Wells Fargo & Company reduced their price objective on Salesforce from $235.00 to $210.00 and set an "equal weight" rating for the company in a report on Thursday, February 26th. Finally, Truist Financial set a $280.00 target price on shares of Salesforce in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Salesforce currently has a consensus rating of "Moderate Buy" and a consensus price target of $283.14.

Salesforce 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.