5,219 Shares in Salesforce Inc. $CRM Acquired by Terra Alpha Investments LLC

Terra Alpha Investments LLC purchased a new stake in shares of Salesforce Inc. (NYSE:CRM) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,219 shares of the CRM provider’s stock, valued at approximately $1,237,000. Salesforce comprises 1.3% of Terra Alpha Investments LLC’s portfolio, making the stock its 28th largest position.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Salesforce during the second quarter valued at about $2,826,049,000. Laurel Wealth Advisors LLC increased its holdings in shares of Salesforce by 27,361.5% in the second quarter. Laurel Wealth Advisors LLC now owns 3,424,169 shares of the CRM provider’s stock worth $933,737,000 after buying an additional 3,411,700 shares during the period. Acadian Asset Management LLC increased its holdings in shares of Salesforce by 1,729.6% in the second quarter. Acadian Asset Management LLC now owns 1,973,141 shares of the CRM provider’s stock worth $538,020,000 after buying an additional 1,865,297 shares during the period. Amundi lifted its stake in shares of Salesforce by 26.2% in the 2nd quarter. Amundi now owns 7,755,317 shares of the CRM provider’s stock valued at $2,087,545,000 after acquiring an additional 1,612,413 shares during the last quarter. Finally, Schroder Investment Management Group boosted its holdings in Salesforce by 45.8% during the 2nd quarter. Schroder Investment Management Group now owns 3,931,945 shares of the CRM provider’s stock valued at $1,072,202,000 after acquiring an additional 1,234,969 shares during the period. 80.43% of the stock is currently owned by institutional investors.

Insider Activity at Salesforce

In other news, Director David Blair Kirk purchased 1,936 shares of Salesforce stock in a transaction that occurred on Wednesday, December 17th. The shares were bought at an average cost of $258.64 per share, with a total value of $500,727.04. Following the completion of the purchase, the director directly owned 10,677 shares in the company, valued at approximately $2,761,499.28. This trade represents a 22.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total value of $929,259.10. Following the transaction, the director directly owned 7,299 shares of the company’s stock, valued at $1,742,271.30. This represents a 34.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 138,677 shares of company stock valued at $32,566,029 over the last ninety days. Insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Royal Bank Of Canada lifted their price target on Salesforce from $250.00 to $290.00 and gave the stock a “sector perform” rating in a research note on Monday, January 5th. Guggenheim restated a “neutral” rating on shares of Salesforce in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Salesforce from $340.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Arete Research raised shares of Salesforce to a “strong-buy” rating in a research report on Thursday, December 11th. Finally, Citigroup lowered shares of Salesforce from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and a consensus price target of $324.51.

Salesforce Stock Down 0.9%

Shares of Salesforce stock opened at $212.10 on Friday. The company’s fifty day simple moving average is $246.78 and its two-hundred day simple moving average is $247.45. Salesforce Inc. has a 12-month low of $208.78 and a 12-month high of $349.50. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.14. The company has a market cap of $198.74 billion, a P/E ratio of 28.32, a PEG ratio of 1.60 and a beta of 1.26.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.39. Salesforce had a net margin of 17.91% and a return on equity of 14.41%. The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.27 billion. During the same quarter in the previous year, the company earned $2.41 earnings per share. Salesforce’s quarterly revenue was up 9.1% on a year-over-year basis. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. Research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 18th were paid a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, December 18th. Salesforce’s dividend payout ratio (DPR) is presently 22.16%.

Salesforce 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.