Salesforce Inc. $CRM Shares Sold by Munich Reinsurance Co Stock Corp in Munich

Key Points

• Munich Re cut its Salesforce stake by 95.4% in Q4, selling 28,155 shares and leaving it with 1,350 shares valued at about $359,000.
• Salesforce beat quarterly expectations with EPS of $3.81 vs. $3.05 and revenue of $11.20B (up 12.1%), and set FY2027 EPS guidance of 13.110–13.190 and Q1 2027 guidance of 3.110–3.130.
• The board authorized a $25 billion share buyback and raised the quarterly dividend to $0.44 ($1.76 annualized, ~1.0% yield), while company insiders also bought shares, signaling management confidence.

Munich Reinsurance Co Stock Corp in Munich lessened its holdings in Salesforce Inc. (NYSE:CRM - Free Report) by 95.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,350 shares of the CRM provider's stock after selling 28,155 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich's holdings in Salesforce were worth $359,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CRM. Rockland Trust Co. boosted its stake in Salesforce by 1,145.6% in the third quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider's stock worth $3,097,000 after purchasing an additional 12,017 shares in the last quarter. Alps Advisors Inc. lifted its stake in shares of Salesforce by 98.3% during the third quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider's stock valued at $5,085,000 after acquiring an additional 10,633 shares during the period. Midwest Trust Co lifted its stake in shares of Salesforce by 2.3% during the third quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider's stock valued at $44,336,000 after acquiring an additional 4,233 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Salesforce by 15.1% during the third quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider's stock valued at $113,420,000 after acquiring an additional 61,270 shares during the period. Finally, AGF Management Ltd. lifted its stake in shares of Salesforce by 42.2% during the third quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider's stock valued at $66,610,000 after acquiring an additional 83,403 shares during the period. Institutional investors and hedge funds own 80.43% of the company's stock.

Salesforce Stock Up 2.9%

Shares of Salesforce stock opened at $178.31 on Friday. Salesforce Inc. has a 1 year low of $163.52 and a 1 year high of $296.05. The business has a 50-day moving average of $187.22 and a two-hundred day moving average of $222.04. The company has a market capitalization of $145.89 billion, a P/E ratio of 22.83, a price-to-earnings-growth ratio of 1.26 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76.

Salesforce (NYSE:CRM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.05 by $0.76. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The company had revenue of $11.20 billion during the quarter, compared to the consensus estimate of $11.18 billion. During the same period in the prior year, the company earned $2.78 earnings per share. The company's revenue for the quarter 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 EPS for the current year.

Salesforce Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Thursday, April 9th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. This is an increase from Salesforce's previous quarterly dividend of $0.42. The ex-dividend date was Thursday, April 9th. Salesforce's dividend payout ratio is currently 22.54%.

Salesforce declared that its board 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 repurchase up to 14.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

CRM has been the topic of several research reports. DA Davidson cut their price target on Salesforce from $235.00 to $200.00 and set a "neutral" rating on the stock in a research note on Friday, February 27th. Oppenheimer cut their target price on Salesforce from $275.00 to $250.00 and set an "outperform" rating on the stock in a research note on Thursday, February 26th. Stifel Nicolaus cut their target price on Salesforce from $300.00 to $250.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. Wolfe Research reissued an "outperform" rating on shares of Salesforce in a research note on Thursday, January 15th. Finally, Wedbush reissued an "outperform" rating and issued a $375.00 target price on shares of Salesforce in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $279.18.

Insider Activity

In other news, Director David Blair Kirk acquired 2,570 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The stock was acquired at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Laura Alber acquired 2,571 shares of the firm's stock in a transaction that occurred on 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 completion of the acquisition, the director owned 9,530 shares of the company's stock, valued at $1,854,347.40. This 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 owned by corporate insiders.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Bull case surfaced summarizing why investors should consider CRM — bullish Substack thesis highlighted valuation and AI upside. Is Salesforce, Inc. (CRM) A Good Stock To Buy Now?
• Positive Sentiment: Zacks reports Agentforce has reached ~$800M ARR with 169% growth, signaling tangible AI-driven revenue momentum that could support future upside. Agentforce Adoption Rises: Can It Be Salesforce's Next Growth Engine?
• Positive Sentiment: Coverage on partnership and capital return chatter (Google collaboration, $25B buyback commentary) reinforces strategic catalysts and management’s optionality on capital allocation. Salesforce (CRM) Stock: Google Partnership, $25B Buyback, and What Analysts Are Saying
• Neutral Sentiment: Comparisons with peers (ServiceNow) highlight valuation differences and competing AI execution — useful for relative‑value decisions but not company‑specific news. Cheap Salesforce Vs. Expensive ServiceNow: Which Stock Is A Better Buy Today?
• Neutral Sentiment: Montaka’s internal assessment coverage provides investor insight into hedge‑fund views but adds nuance rather than immediate directional pressure. Here’s Montaka’s Internal Assessment on Salesforce (CRM)
• Negative Sentiment: Articles warning AI could reduce demand for traditional CRM functions — a thematic risk that has driven some bearish calls and investor caution. Salesforce (CRM) Stock At Significant Risk Of Collapsing Due To AI
• Negative Sentiment: Sector‑wide panic after ServiceNow’s weak guidance pressured enterprise software, triggering steep intraday declines in CRM recently. Salesforce Just Dropped 9% on Sector Panic. Is the Cloud Software King on Sale?
• Negative Sentiment: Piper Sandler trimmed its price target citing rising AI competition in enterprise software — analyst downgrades/cuts can cap near‑term upside. Salesforce, Inc. (CRM) PT Reduced as Piper Sandler Flags Rising AI Competition in Enterprise Software

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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