Salesforce Inc. $CRM Shares Sold by Natixis

Key Points

• Natixis cut its stake in Salesforce by 11.5% in Q2, selling 37,238 shares and leaving 287,434 shares valued at about $78.38 million.
• Significant insider selling: Parker Harris sold 134,662 shares for roughly $31.6 million (a ~49% drop in his holding), and insiders have sold 182,034 shares worth $43.3 million over the past 90 days.
• Quarterly results and shareholder return: Salesforce beat EPS estimates with $3.25 vs. $2.86 expected, gave Q4 2026 EPS guidance of $3.020–3.040, and announced a quarterly dividend of $0.416 (annualized $1.66, ~0.6% yield).

Natixis lowered its stake in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 11.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 287,434 shares of the CRM provider's stock after selling 37,238 shares during the period. Natixis' holdings in Salesforce were worth $78,380,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CRM. Vanguard Group Inc. lifted its stake in shares of Salesforce by 1.0% during the second quarter. Vanguard Group Inc. now owns 88,823,481 shares of the CRM provider's stock valued at $24,221,275,000 after buying an additional 909,853 shares during the period. Geode Capital Management LLC lifted its stake in shares of Salesforce by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 20,873,900 shares of the CRM provider's stock worth $5,669,224,000 after purchasing an additional 114,504 shares during the period. Norges Bank acquired a new stake in shares of Salesforce during the second quarter worth $2,826,049,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Salesforce by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,258,518 shares of the CRM provider's stock valued at $2,484,616,000 after purchasing an additional 600,386 shares during the last quarter. Finally, Amundi lifted its position in Salesforce by 26.2% during the second quarter. Amundi now owns 7,755,317 shares of the CRM provider's stock worth $2,087,545,000 after buying an additional 1,612,413 shares during the period. Institutional investors and hedge funds own 80.43% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CRM shares. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Salesforce in a research note on Monday, November 24th. Stifel Nicolaus cut their price target on shares of Salesforce from $325.00 to $300.00 and set a "buy" rating on the stock in a research note on Thursday, October 9th. JPMorgan Chase & Co. cut their target price on Salesforce from $380.00 to $365.00 and set an "overweight" rating on the stock in a research report on Thursday, September 4th. Morgan Stanley upped their price target on Salesforce from $404.00 to $405.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 2nd. Finally, Mizuho cut their price objective on Salesforce from $350.00 to $340.00 and set an "outperform" rating on the stock in a report on Monday, November 17th. Twenty-nine equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $326.54.

Insider Activity at Salesforce

In related news, insider Parker Harris sold 134,662 shares of Salesforce stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $234.70, for a total value of $31,605,171.40. Following the completion of the sale, the insider owned 139,767 shares in the company, valued at approximately $32,803,314.90. The trade was a 49.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Marc Benioff sold 122 shares of the company's stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $259.00, for a total transaction of $31,598.00. Following the completion of the sale, the chief executive officer directly owned 11,911,571 shares in the company, valued at $3,085,096,889. This represents a 0.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 182,034 shares of company stock worth $43,297,979 over the last 90 days. 3.00% of the stock is owned by company insiders.

Salesforce Stock Performance

Shares of NYSE:CRM opened at $260.78 on Monday. The business's 50-day simple moving average is $243.26 and its 200 day simple moving average is $252.43. The company has a market cap of $244.35 billion, a P/E ratio of 34.82, a PEG ratio of 2.02 and a beta of 1.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 0.98. Salesforce Inc. has a one year low of $221.96 and a one year high of $367.15.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings data on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.86 by $0.39. The company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $10.27 billion. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The business's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.41 earnings per share. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. On average, sell-side analysts forecast that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 18th will be issued a $0.416 dividend. The ex-dividend date of this dividend is Thursday, December 18th. This represents a $1.66 dividend on an annualized basis and a yield of 0.6%. Salesforce's dividend payout ratio is currently 22.16%.

Salesforce Profile

Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

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