Salesforce Inc. $CRM Shares Purchased by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers LLC raised its stake in Salesforce by 6.8%, buying 6,872 shares to hold 107,848 shares worth about $28.57 million per its latest SEC filing.
• Salesforce beat quarterly expectations with $3.81 EPS vs. $3.05 estimated and $11.20 billion in revenue (up 12.1% YoY), and set FY2027 EPS guidance of 13.110–13.190.
• The Board authorized a $25 billion share buyback (up to 14.1% of shares) and raised the quarterly dividend to $0.44, while insiders also purchased shares, signaling management confidence.

Wealthfront Advisers LLC boosted its position in Salesforce Inc. (NYSE:CRM - Free Report) by 6.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 107,848 shares of the CRM provider's stock after purchasing an additional 6,872 shares during the quarter. Wealthfront Advisers LLC's holdings in Salesforce were worth $28,570,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Aspire Growth Partners LLC raised its stake in Salesforce by 1.2% in the 3rd quarter. Aspire Growth Partners LLC now owns 3,355 shares of the CRM provider's stock valued at $795,000 after purchasing an additional 39 shares during the last quarter. Abacus Planning Group Inc. raised its stake in Salesforce by 3.1% in the 3rd quarter. Abacus Planning Group Inc. now owns 1,420 shares of the CRM provider's stock valued at $337,000 after purchasing an additional 43 shares during the last quarter. Byrne Asset Management LLC raised its stake in Salesforce by 1.0% in the 4th quarter. Byrne Asset Management LLC now owns 4,331 shares of the CRM provider's stock valued at $1,147,000 after purchasing an additional 43 shares during the last quarter. Code Waechter LLC raised its stake 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 purchasing an additional 44 shares during the last quarter. Finally, Mathes Company Inc. raised its stake in Salesforce by 0.4% in the 3rd quarter. Mathes Company Inc. now owns 12,558 shares of the CRM provider's stock valued at $2,976,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Trading Up 1.1%

NYSE CRM opened at $180.17 on Tuesday. Salesforce Inc. has a 12 month low of $163.52 and a 12 month high of $296.05. The company has a 50-day moving average of $187.03 and a 200-day moving average of $221.46. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $147.42 billion, a P/E ratio of 23.07, a P/E/G ratio of 1.30 and a beta of 1.29.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 EPS for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $11.18 billion. During the same quarter in the prior year, the company posted $2.78 EPS. 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. As a group, equities analysts predict that Salesforce Inc. will post 9.71 earnings per share for the current year.

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

Salesforce Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, April 9th. This is an increase from Salesforce's previous quarterly dividend of $0.42. Salesforce's dividend payout ratio (DPR) is presently 22.54%.

Insider Transactions at Salesforce

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

Analysts Set New Price Targets

CRM has been the subject of several analyst reports. Roth Mkm cut their target price on shares of Salesforce from $395.00 to $325.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. BMO Capital Markets cut their target price on shares of Salesforce from $235.00 to $225.00 and set an "outperform" rating for the company in a research note on Thursday, February 26th. TD Cowen cut their target price on shares of Salesforce from $325.00 to $250.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Jefferies Financial Group cut their target price on shares of Salesforce from $375.00 to $250.00 and set a "buy" rating for the company in a research note on Monday, February 23rd. Finally, Oppenheimer dropped their price objective on shares of Salesforce from $275.00 to $250.00 and set an "outperform" rating for the company in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Salesforce presently has a consensus rating of "Moderate Buy" and a consensus price target of $279.18.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Expanded Google Cloud partnership strengthens Salesforce’s AI workflow selling points and deepens technical integration that can help monetize AI agents across enterprise accounts. Google Cloud and Salesforce Enter into Expanded Partnership
• Positive Sentiment: CEO Marc Benioff's public pledge to hire 1,000 new graduates and his stance that AI won't eliminate entry‑level roles is positive PR: it signals confidence in demand, supports workforce capacity for customer implementations, and may calm investor fears about automation‑led revenue disruption. Salesforce CEO Marc Benioff Says AI Won't Kill Entry-Level Jobs and He's Hiring 1,000 New Grads to Prove It
• Neutral Sentiment: Salesforce filed an antitrust lawsuit in the UK against Microsoft over Teams bundling; the move aims to defend competitive positioning for Slack/Agentforce but introduces legal costs and uncertainty — outcome could be strategically important over the long term. Salesforce sues Microsoft in UK over Teams bundling
• Neutral Sentiment: Market chatter that software vendors (including Salesforce) are beginning to charge customers based on AI usage highlights a potential new revenue stream but also introduces pricing complexity and customer pushback risk as firms transition to consumption models. Market Chatter: Software Companies Begin Charging Customers Based on AI Usage
• Negative Sentiment: Analyst and reporting focus on Agentforce pricing problems flags a near‑term product/monetization issue; Truist says it’s fixable, but the item raises concern about execution and revenue mix while fixes are implemented. Salesforce (CRM): Agentforce Has a Pricing Problem, and Truist Says It’s Fixable
• Negative Sentiment: Competitor ServiceNow reported strong AI‑driven subscription growth, underscoring tougher competitive dynamics in enterprise AI monetization and putting relative performance pressure on Salesforce. NOW's AI-Driven Subscription Growth Accelerates: More Upside Ahead?
• Negative Sentiment: Coverage pointing out Salesforce as one of the weaker YTD software performers increases investor focus on valuation and execution risks — a sentiment headwind until fresh proof of sustained AI monetization or margin expansion appears. Which Software Stock Has Been The Worst Performer in 2026: Adobe, Salesforce, or ServiceNow?

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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