Y Intercept Hong Kong Ltd Takes $11.78 Million Position in Salesforce Inc. $CRM

Posted by Geri Gentry on Jul 3rd, 2026

Y Intercept Hong Kong Ltd bought a new stake in Salesforce Inc. (NYSE:CRM – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 63,093 shares of the CRM provider’s stock, valued at approximately $11,778,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Temasek Holdings Private Ltd lifted its stake in Salesforce by 3.7% in the fourth quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock worth $181,143,000 after acquiring an additional 24,332 shares during the last quarter. SFE Investment Counsel increased its position in shares of Salesforce by 82.7% in the 4th quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after purchasing an additional 7,871 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Salesforce by 8.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,299,513 shares of the CRM provider’s stock valued at $307,984,000 after purchasing an additional 106,107 shares in the last quarter. Eminence Capital LP raised its holdings in shares of Salesforce by 5.6% in the 3rd quarter. Eminence Capital LP now owns 830,536 shares of the CRM provider’s stock valued at $196,837,000 after purchasing an additional 43,888 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Salesforce during the 4th quarter worth $997,000. 80.43% of the stock is owned by institutional investors and hedge funds.

Salesforce Trading Up 1.7%

NYSE:CRM opened at $165.94 on Friday. The stock’s 50 day moving average price is $173.71 and its 200 day moving average price is $197.94. The company has a market capitalization of $135.90 billion, a PE ratio of 19.21, a P/E/G ratio of 1.02 and a beta of 1.18. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $276.80.

Salesforce (NYSE:CRM – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping the consensus estimate of $3.13 by $0.75. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The company had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the previous year, the company posted $2.58 earnings per share. The firm’s revenue was up 13.3% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. On average, research analysts anticipate that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 11th. Salesforce’s payout ratio is presently 20.37%.

Salesforce declared that its Board of Directors has initiated a stock buyback program on Monday, March 16th that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the CRM provider to repurchase up to 14.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

CRM has been the topic of a number of analyst reports. UBS Group initiated coverage on Salesforce in a research note on Wednesday. They issued an “overweight” rating on the stock. Monness Crespi & Hardt upgraded Salesforce from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Thursday, June 18th. Roth Mkm restated a “buy” rating and set a $325.00 target price on shares of Salesforce in a research note on Thursday, May 28th. Needham & Company LLC reiterated a “buy” rating on shares of Salesforce in a research note on Tuesday, June 16th. Finally, BTIG Research restated a “buy” rating and set a $255.00 price objective on shares of Salesforce in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $254.42.

Get Our Latest Stock Analysis on Salesforce

More Salesforce News

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Guggenheim upgraded Salesforce to Buy and argued the stock’s recent weakness offers a better buying opportunity, helping fuel a rebound in CRM shares. Salesforce Will Face AI Disruption but Stock Still Gets an Upgrade to Buy
Positive Sentiment: Analysts highlighted Salesforce’s Data 360 momentum, AI-driven recurring revenue growth, and potential Informatica synergies as reasons fiscal 2027 revenue growth could improve. Can Salesforce’s Data 360 Momentum Drive Stronger FY27 Growth?
Positive Sentiment: Citizens reiterated a Market Outperform rating after Salesforce’s Fin acquisition and Agentforce expansion, reinforcing the bullish AI/productivity narrative. Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion
Neutral Sentiment: Several articles noted that Salesforce remains a popular analyst consensus pick, with a “Moderate Buy” view broadly still in place. Salesforce Inc. (NYSE:CRM) Given Consensus Recommendation of “Moderate Buy” by Analysts
Negative Sentiment: Despite the upgrade-driven bounce, Salesforce has still been hit by heavy recent selling, with coverage noting it fell more than 10% over the past month and lost over 25% in June, underscoring investor concern about the pace of growth. Salesforce (CRM) Down More Than 10% Over the Past Month, Here’s What You Need to Know
Negative Sentiment: Some commentary suggested AI expectations may be getting ahead of fundamentals, with analysts debating whether Salesforce’s valuation still fully reflects slower near-term growth. Salesforce (CRM) Stock Sees Modest Fair Value Cut As Analysts Debate AI Growth

About Salesforce

(Free Report)

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.