Salesforce Inc. $CRM Shares Acquired by Evergreen Capital Management LLC

Key Points

• Evergreen Capital Management LLC increased its stake in Salesforce by 10.9% in Q4, owning 39,453 shares valued at about $10.47 million after buying an additional 3,867 shares.
• Salesforce reported an earnings beat, posting $3.81 EPS versus $3.05 expected and $11.20 billion in revenue (up 12.1% year-over-year), and set FY2027 EPS guidance of 13.110–13.190.
• The Board approved a $25.00 billion stock buyback (authorizing repurchases of up to 14.1% of shares) and raised the quarterly dividend to $0.44 (annualized $1.76, ~0.9% yield).

Evergreen Capital Management LLC grew its stake in Salesforce Inc. (NYSE:CRM - Free Report) by 10.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,453 shares of the CRM provider's stock after buying an additional 3,867 shares during the period. Evergreen Capital Management LLC's holdings in Salesforce were worth $10,468,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CRM. Brighton Jones LLC boosted its holdings in shares of Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider's stock valued at $8,582,000 after buying an additional 3,102 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Salesforce by 12.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider's stock valued at $611,000 after buying an additional 205 shares in the last quarter. Bison Wealth LLC boosted its holdings in shares of Salesforce by 9.0% in the 4th quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider's stock valued at $747,000 after buying an additional 184 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Salesforce by 3.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider's stock valued at $807,000 after buying an additional 106 shares in the last quarter. Finally, United Bank boosted its holdings in shares of Salesforce by 5.2% in the 2nd quarter. United Bank now owns 10,198 shares of the CRM provider's stock valued at $2,781,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Stock Up 2.2%

CRM stock opened at $186.10 on Tuesday. Salesforce Inc. has a one year low of $163.52 and a one year high of $296.05. The stock has a market capitalization of $152.27 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.76. The company has a fifty day moving average of $187.71 and a 200-day moving average of $223.59.

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 company had revenue of $11.20 billion during the quarter, compared to analysts' expectations of $11.18 billion. During the same quarter last year, the business earned $2.78 EPS. The business's revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, analysts expect that Salesforce Inc. will post 9.71 EPS for the current year.

Salesforce announced that its Board of Directors has approved a stock buyback plan on Monday, March 16th that authorizes the company to repurchase $25.00 billion in shares. This repurchase authorization authorizes the CRM provider to reacquire up to 14.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Salesforce Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th will be paid a $0.44 dividend. This is a boost from Salesforce's previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 9th. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce's dividend payout ratio (DPR) is 22.54%.

Insider Buying and Selling at Salesforce

In related news, Director David Blair Kirk acquired 2,570 shares of Salesforce stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the purchase, the director directly owned 13,689 shares of the company's stock, valued at approximately $2,664,153.18. This trade represents a 23.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Laura Alber acquired 2,571 shares of Salesforce stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average price of $194.58 per share, with a total value of $500,265.18. Following the purchase, the director directly owned 9,530 shares of the company's stock, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by company insiders.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: CEO Marc Benioff says AI creates more opportunity than threat and that SaaS replacement fears are overblown — helping calm investors worried about churn. Marc Benioff Says the Software Bears Are All Wrong About Salesforce
• Positive Sentiment: Management is publicly framing AI as a revenue accelerator for SaaS, saying AI will create new product and sales motion opportunities rather than simply displace subscriptions. Salesforce CEO says in interview SaaS not dead as AI creates opportunities
• Positive Sentiment: Traders are responding to management’s AI demonstrations — Benzinga cites Agentforce and “Agenticware” updates as reasons for intraday buying. Why Is Salesforce Stock Charging Higher On Monday?
• Positive Sentiment: Salesforce announced a sizable AI initiative called “Headless 360,” signaling product road‑map investment that could support long‑term ARR expansion. Salesforce Announces Huge AI Initiative and Calls It ‘Headless 360’
• Positive Sentiment: Large investors are adding to AI bets and reports show Bridgewater/Ray Dalio has meaningful exposure to Salesforce, which can boost investor confidence. Billionaire Ray Dalio Is Betting Big on These 4 AI Stocks
• Neutral Sentiment: General investor interest in CRM remains high and analysts are debating valuation and risk/reward; Zacks flags both attention and the need to weigh fundamentals vs. AI disruption. Is Most-Watched Stock Salesforce, Inc. (CRM) Worth Betting on Now?
• Negative Sentiment: Coverage highlights that CRM is down materially YTD (reports cite ~30% YTD) as investors fear AI could undermine traditional subscription revenue models. Salesforce (CRM) Stock Plunges 30% YTD as AI Threatens Traditional SaaS Revenue Model
• Negative Sentiment: Market commentary warns investors to trim software exposure amid the Nasdaq rally, calling out potential downside for software names like Salesforce if AI pressures margins/renewals. The Nasdaq's Historic Rally Doesn't Mean the Risk Is Gone (CRM)

Analysts Set New Price Targets

Several brokerages have recently issued reports on CRM. The Goldman Sachs Group restated a "buy" rating and issued a $281.00 target price on shares of Salesforce in a report on Thursday, February 26th. Barclays lowered their target price on shares of Salesforce from $265.00 to $252.00 and set an "overweight" rating for the company in a report on Thursday, February 26th. Truist Financial set a $280.00 target price on shares of Salesforce in a report on Thursday, February 26th. Sanford C. Bernstein decreased their price target on shares of Salesforce from $223.00 to $194.00 and set an "underperform" rating for the company in a research note on Thursday, February 26th. Finally, Northland Securities decreased their price target on shares of Salesforce from $267.00 to $229.00 and set a "market perform" rating for the company in a research note 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 assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Salesforce currently has a consensus rating of "Moderate Buy" and a consensus price target of $279.18.

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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