Salesforce Inc. $CRM Shares Bought by Temasek Holdings Private Ltd

Key Points

• Temasek Holdings increased its Salesforce stake by 3.7% in the fourth quarter, ending with 683,790 shares worth about $181.1 million. The filing also notes that institutional ownership remains high, with hedge funds and other institutions holding 80.43% of the stock.
• Salesforce insiders have been buying shares too: directors Laura Alber and David Blair Kirk each purchased about 2,570 shares in March, boosting their positions significantly. Insider ownership now stands at 3.50%.
• The company reported stronger-than-expected quarterly results, with EPS of $3.88 and revenue of $11.13 billion, and it also authorized a $25 billion share buyback. Salesforce shares were trading near their 52-week low, while analysts maintained a Moderate Buy consensus target of $259.26.

Temasek Holdings Private Ltd lifted its position in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 683,790 shares of the CRM provider's stock after purchasing an additional 24,332 shares during the quarter. Temasek Holdings Private Ltd owned 0.07% of Salesforce worth $181,143,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new stake in Salesforce during the fourth quarter worth $25,000. Board of the Pension Protection Fund purchased a new stake in Salesforce during the fourth quarter worth $26,000. Key Capital Management INC purchased a new stake in Salesforce during the fourth quarter worth $26,000. Gilpin Wealth Management LLC purchased a new stake in Salesforce during the fourth quarter worth $26,000. Finally, Legacy Bridge LLC purchased a new stake in Salesforce during the fourth quarter worth $27,000. 80.43% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Laura Alber acquired 2,571 shares of the firm's stock in a transaction on Thursday, March 19th. The shares were bought at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director 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 position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director David Blair Kirk acquired 2,570 shares of the firm's stock in a transaction 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 acquisition, the director directly owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.50% of the company's stock.

Salesforce Trading Down 0.9%

Shares of CRM stock opened at $164.45 on Tuesday. The stock's fifty day moving average is $179.65 and its two-hundred day moving average is $206.26. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market capitalization of $134.69 billion, a P/E ratio of 19.03, a PEG ratio of 1.03 and a beta of 1.16. Salesforce Inc. has a fifty-two week low of $161.40 and a fifty-two week high of $276.80.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, beating analysts' consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Research analysts expect that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce declared that its board has approved a stock repurchase program on Monday, March 16th that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the CRM provider to buy up to 14.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. Salesforce's dividend payout ratio (DPR) is presently 20.37%.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s $3.6 billion purchase of Fin expands its AI agent and customer-support capabilities, which could strengthen its competitive position and boost future growth. Reuters article
• Positive Sentiment: Analysts said the deal pushes Salesforce further into customer engagement and reinforces its strategy around Agentforce and autonomous tech. Seeking Alpha article
• Positive Sentiment: Market coverage suggested the acquisition helped the stock break a recent losing streak, as investors welcomed a clearer AI growth story. Stocktwits article
• Neutral Sentiment: Some commentary emphasized that Salesforce is still under pressure to prove its AI investments will translate into faster growth and better margins. Seeking Alpha article
• Negative Sentiment: A prior downgrade warned that CRM could face further technical downside if market skepticism persists despite the AI-focused deal. Seeking Alpha article

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Northland Securities lowered their price target on shares of Salesforce from $267.00 to $229.00 and set a "market perform" rating on the stock in a report on Tuesday, March 10th. Morgan Stanley lowered their price target on shares of Salesforce from $398.00 to $287.00 and set an "overweight" rating on the stock in a report on Monday, February 23rd. Piper Sandler lowered Salesforce from an "overweight" rating to a "neutral" rating in a research report on Thursday, May 28th. DA Davidson decreased their target price on Salesforce from $200.00 to $175.00 and set a "neutral" rating on the stock in a research report on Thursday, May 28th. Finally, Citizens Jmp reiterated a "market outperform" rating and set a $315.00 target price on shares of Salesforce in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $259.26.

About Salesforce

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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