Salesforce Inc. $CRM Stock Holdings Lifted by FUKOKU MUTUAL LIFE INSURANCE Co

Key Points

• FUKOKU MUTUAL LIFE INSURANCE Co raised its Salesforce stake by 73.6% to 6,799 shares (worth about $1.85 million), part of a broader institutional ownership of 80.43%.
• Salesforce topped recent quarterly estimates with EPS $2.91 vs. $2.78 and revenue $10.24B vs. $10.14B, and set FY2026 EPS guidance of 11.33–11.37.
• Notable insider activity: Director David Blair Kirk bought 3,400 shares at $254.66 while CEO Marc Benioff sold 2,250 shares; insiders have sold 63,122 shares (~$15.6M) in the last 90 days and now own 3% of the company.

FUKOKU MUTUAL LIFE INSURANCE Co raised its position in shares of Salesforce Inc. (NYSE:CRM - Free Report) by 73.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,799 shares of the CRM provider's stock after purchasing an additional 2,883 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co's holdings in Salesforce were worth $1,854,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Salesforce by 13.7% during the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider's stock worth $8,582,000 after purchasing an additional 3,102 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider's stock worth $611,000 after purchasing an additional 205 shares in the last quarter. Bison Wealth LLC increased its position in Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider's stock worth $747,000 after buying an additional 184 shares during the last quarter. Ignite Planners LLC raised its holdings in Salesforce by 21.5% during the first quarter. Ignite Planners LLC now owns 1,851 shares of the CRM provider's stock valued at $498,000 after buying an additional 327 shares in the last quarter. Finally, PFG Advisors lifted its position in shares of Salesforce by 6.0% in the first quarter. PFG Advisors now owns 2,761 shares of the CRM provider's stock worth $741,000 after buying an additional 157 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Macquarie reissued a "neutral" rating and set a $250.00 price objective on shares of Salesforce in a report on Thursday, October 16th. KeyCorp lowered their price target on Salesforce from $440.00 to $400.00 and set an "overweight" rating on the stock in a report on Thursday, September 4th. Bank of America dropped their price target on shares of Salesforce from $325.00 to $305.00 and set a "buy" rating on the stock in a research report on Monday. Wedbush reaffirmed an "outperform" rating and set a $375.00 price objective on shares of Salesforce in a report on Thursday, October 16th. Finally, Citigroup lifted their target price on shares of Salesforce from $275.00 to $276.00 and gave the stock a "neutral" rating in a report on Tuesday, September 9th. Twenty-five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $323.51.

Insider Activity at Salesforce

In other news, Director David Blair Kirk bought 3,400 shares of Salesforce stock in a transaction that occurred on Tuesday, September 9th. The stock was purchased at an average cost of $254.66 per share, with a total value of $865,844.00. Following the completion of the transaction, the director directly owned 3,824 shares in the company, valued at $973,819.84. This trade represents a 801.89% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of Salesforce stock in a transaction on Monday, September 15th. The stock was sold at an average price of $242.39, for a total transaction of $545,377.50. Following the sale, the chief executive officer owned 11,911,571 shares in the company, valued at $2,887,245,694.69. This represents a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 63,122 shares of company stock valued at $15,615,413. Insiders own 3.00% of the company's stock.

Salesforce Trading Down 2.5%

Shares of CRM stock opened at $227.59 on Thursday. The firm has a market capitalization of $216.67 billion, a P/E ratio of 33.08, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. Salesforce Inc. has a 1 year low of $225.06 and a 1 year high of $369.00. The firm's fifty day simple moving average is $245.53 and its 200 day simple moving average is $256.75. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.14.

Salesforce (NYSE:CRM - Get Free Report) last posted its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.13. Salesforce had a net margin of 16.87% and a return on equity of 13.27%. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $10.14 billion. During the same period last year, the business posted $2.56 EPS. The business's quarterly revenue was up 9.8% on a year-over-year basis. Salesforce has set its FY 2026 guidance at 11.330-11.370 EPS. Q3 2026 guidance at 2.840-2.860 EPS. As a group, sell-side analysts predict that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce's payout ratio is currently 24.13%.

Salesforce Company 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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