Salesforce Inc. $CRM Shares Acquired by DJE Kapital AG

DJE Kapital AG lifted its stake in shares of Salesforce Inc. (NYSE:CRM) by 123.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 298,879 shares of the CRM provider’s stock after purchasing an additional 164,864 shares during the period. Salesforce comprises about 2.0% of DJE Kapital AG’s investment portfolio, making the stock its 20th biggest holding. DJE Kapital AG’s holdings in Salesforce were worth $81,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in shares of Salesforce in the 1st quarter worth approximately $2,039,196,000. Acadian Asset Management LLC lifted its stake in Salesforce by 1,729.6% during the second quarter. Acadian Asset Management LLC now owns 1,973,141 shares of the CRM provider’s stock worth $538,020,000 after purchasing an additional 1,865,297 shares during the last quarter. Longview Partners Guernsey LTD acquired a new position in Salesforce in the first quarter worth $467,944,000. Pacer Advisors Inc. boosted its holdings in Salesforce by 1,744.0% in the first quarter. Pacer Advisors Inc. now owns 1,820,262 shares of the CRM provider’s stock worth $488,486,000 after purchasing an additional 1,721,550 shares during the period. Finally, Vanguard Group Inc. increased its stake in Salesforce by 1.6% during the first quarter. Vanguard Group Inc. now owns 87,913,628 shares of the CRM provider’s stock valued at $23,592,501,000 after purchasing an additional 1,383,942 shares during the last quarter. 80.43% of the stock is owned by institutional investors.

Insider Activity

In other news, Director David Blair Kirk bought 3,400 shares of the business’s stock in a transaction on Tuesday, September 9th. The stock was purchased at an average cost of $254.66 per share, for a total transaction of $865,844.00. Following the completion of the transaction, the director directly owned 3,824 shares of the company’s stock, valued at approximately $973,819.84. This trade represents a 801.89% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Marc Benioff sold 2,250 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $241.50, for a total value of $543,375.00. Following the transaction, the chief executive officer directly owned 11,911,571 shares of the company’s stock, valued at approximately $2,876,644,396.50. The trade was a 0.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 74,372 shares of company stock worth $18,317,866. 3.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

CRM has been the subject of several research reports. Wedbush reaffirmed an “outperform” rating and issued a $375.00 price target on shares of Salesforce in a report on Thursday, October 16th. BMO Capital Markets dropped their price objective on shares of Salesforce from $335.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, September 4th. Needham & Company LLC restated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a research note on Thursday, October 16th. UBS Group dropped their price target on Salesforce from $300.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, August 18th. Finally, Northland Capmk downgraded Salesforce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 14th. Twenty-five analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Salesforce has a consensus rating of “Moderate Buy” and a consensus target price of $325.23.

Salesforce Stock Performance

Shares of CRM stock opened at $239.92 on Friday. Salesforce Inc. has a 12-month low of $226.48 and a 12-month high of $369.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market capitalization of $228.40 billion, a price-to-earnings ratio of 34.87, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. The business has a 50 day simple moving average of $247.41 and a 200 day simple moving average of $258.26.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, September 3rd. The CRM provider reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.13. Salesforce had a return on equity of 13.27% and a net margin of 16.87%.The company had revenue of $10.24 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same quarter in the previous year, the firm posted $2.56 EPS. The firm’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. On average, equities research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Investors of record on Wednesday, September 17th were given a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, September 17th. Salesforce’s dividend 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.