Bailard Inc. lowered its stake in Salesforce Inc. (NYSE:CRM – Free Report) by 30.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,926 shares of the CRM provider’s stock after selling 6,460 shares during the period. Bailard Inc.’s holdings in Salesforce were worth $3,954,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Board of the Pension Protection Fund bought a new position in Salesforce in the fourth quarter valued at approximately $26,000. Key Capital Management INC bought a new position in Salesforce in the fourth quarter valued at approximately $26,000. Legacy Bridge LLC acquired a new stake in shares of Salesforce in the fourth quarter valued at approximately $27,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Salesforce in the third quarter valued at approximately $28,000. Finally, Dogwood Wealth Management LLC raised its holdings in shares of Salesforce by 285.7% in the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider’s stock valued at $29,000 after purchasing an additional 80 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.
Key Headlines Impacting Salesforce
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Salesforce is generating substantial free cash flow, with fiscal 2026 free cash flow of about $14.4 billion supporting shareholder returns and continued investment in AI products like Agentforce and Data 360. Article Title
- Positive Sentiment: Several articles point to Salesforce trading at a discounted valuation after a sharp year-to-date slide, which may attract value-focused investors if growth from Agentforce and Data Cloud continues to improve recurring revenue. Article Title
- Neutral Sentiment: Wells Fargo reiterated a Hold rating on Salesforce, suggesting a cautious but not outright negative stance from analysts. Article Title
- Neutral Sentiment: Citigroup lowered its price target on Salesforce to $188 from $200 while keeping a Neutral rating, indicating some valuation caution but still implying modest upside from current levels. Article Title
- Negative Sentiment: Salesforce has been under pressure recently, with the stock lagging the broader market and falling sharply from recent highs, which is weighing on sentiment. Article Title
- Negative Sentiment: New research suggesting the Salesforce delivery lifecycle is “broken” could raise concerns about implementation complexity and execution risks for enterprise customers and partners. Article Title
Analyst Ratings Changes
Check Out Our Latest Stock Report on Salesforce
Insider Buying and Selling at Salesforce
In other Salesforce news, Director David Blair Kirk bought 2,570 shares of Salesforce stock in a transaction dated Wednesday, March 18th. The stock was bought at an average price of $194.62 per share, with a total value of $500,173.40. Following the completion of the transaction, the director owned 13,689 shares in the company, valued at $2,664,153.18. The trade was a 23.11% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Laura Alber bought 2,571 shares of Salesforce stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $194.58 per share, with a total value of $500,265.18. Following the transaction, the director owned 9,530 shares of the company’s stock, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The SEC filing for this purchase provides additional information. 3.00% of the stock is owned by insiders.
Salesforce Price Performance
Shares of CRM opened at $171.28 on Wednesday. The company has a market cap of $140.14 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 1.23 and a beta of 1.14. Salesforce Inc. has a 1-year low of $163.52 and a 1-year high of $296.05. The company’s fifty day simple moving average is $185.67 and its 200 day simple moving average is $217.19. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18.
Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 EPS for the quarter, beating the consensus estimate of $3.05 by $0.76. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm had revenue of $11.20 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same period in the previous year, the company earned $2.78 earnings per share. The company’s quarterly revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. On average, research analysts forecast that Salesforce Inc. will post 9.71 earnings per share for the current fiscal year.
Salesforce Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Shareholders of record on Thursday, April 9th were issued a $0.44 dividend. This is an increase from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, April 9th. Salesforce’s dividend payout ratio is presently 22.54%.
Salesforce announced that its Board of Directors has initiated a share buyback plan on Monday, March 16th that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.
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.
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