Czech National Bank Sells 22,338 Shares of Salesforce Inc. $CRM

Czech National Bank reduced its stake in Salesforce Inc. (NYSE:CRM) by 8.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,850 shares of the CRM provider’s stock after selling 22,338 shares during the period. Czech National Bank’s holdings in Salesforce were worth $36,478,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of Salesforce by 3.3% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 189,033 shares of the CRM provider’s stock valued at $29,614,000 after purchasing an additional 6,036 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Salesforce by 18.5% during the second quarter. Assenagon Asset Management S.A. now owns 1,212,968 shares of the CRM provider’s stock worth $190,024,000 after buying an additional 189,032 shares in the last quarter. St. Louis Financial Planners Asset Management LLC boosted its stake in shares of Salesforce by 55.5% during the 2nd quarter. St. Louis Financial Planners Asset Management LLC now owns 21,429 shares of the CRM provider’s stock worth $3,560,000 after acquiring an additional 7,652 shares in the last quarter. 55 North Private Wealth LLC purchased a new position in Salesforce during the second quarter worth approximately $241,000. Finally, 180 Wealth Advisors LLC grew its holdings in Salesforce by 13.4% in the second quarter. 180 Wealth Advisors LLC now owns 15,692 shares of the CRM provider’s stock valued at $2,458,000 after purchasing an additional 1,854 shares during the period. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Down 3.1%

Salesforce stock opened at $186.96 on Friday. The stock has a 50 day moving average of $171.20 and a two-hundred day moving average of $183.19. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $153.12 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.04 and a beta of 1.16.

Salesforce (NYSE:CRM) last issued its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The business had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period in the prior year, the business posted $2.58 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. As a group, research analysts expect that Salesforce Inc. will post 10.27 earnings per share for the current year.

Salesforce Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were given a $0.44 dividend. The ex-dividend date was Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce’s dividend payout ratio is currently 20.37%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Erste Group Bank upgraded shares of Salesforce from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays raised shares of Salesforce from an “overweight” rating to an “overweight” rating in a research note on Thursday, June 18th. Needham & Company LLC reissued a “buy” rating on shares of Salesforce in a research note on Tuesday, June 16th. Evercore reaffirmed an “outperform” rating on shares of Salesforce in a research note on Tuesday, July 14th. Finally, UBS Group reiterated an “equal weight” rating on shares of Salesforce in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.51.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce deployed IL5-authorized Agentforce 360 AI agents to the U.S. Army Human Resources Command through Missionforce National Security. The mission-critical deployment could strengthen Salesforce’s government credentials, demonstrate the reliability of its autonomous AI technology, and support future defense contracts. Why Is Salesforce Deploying IL5 AI Agents in a Major Government Role?
• Positive Sentiment: CEO Marc Benioff argued that Wall Street’s concern that AI will undermine Salesforce is “dead wrong.” Management’s conviction suggests the company expects Agentforce and AI-powered digital labor to expand its addressable market rather than erode its software business. Marc Benioff Says Wall Street’s Fears That AI Will Kill Salesforce Are Dead Wrong
• Positive Sentiment: Erste Group Bank upgraded Salesforce from “hold” to “buy,” indicating that at the recent valuation the risk-reward profile may have improved.
• Neutral Sentiment: Salesforce promoted revenue chief Miguel Milano, a former Oracle executive, to operating chief. The change could improve execution, although it does not immediately alter the company’s financial outlook. Marc Benioff Gets a New Operating Chief
• Neutral Sentiment: Salesforce scheduled its fiscal second-quarter 2027 earnings release and webcast. The event will give investors an opportunity to assess Agentforce adoption, growth, margins, and guidance.
• Negative Sentiment: The key overhang remains investor skepticism that AI agents could disrupt Salesforce’s conventional subscription model or reduce demand for seats. The stock’s decline of more than 30% during 2026 highlights how seriously the market is discounting that risk, even after Salesforce recently exceeded earnings and revenue expectations.

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.