Los Angeles Capital Management LLC Has $14.67 Million Stock Position in Salesforce Inc. $CRM

Posted by Francis Steltz on Jun 8th, 2026

Los Angeles Capital Management LLC reduced its holdings in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 62.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,150 shares of the CRM provider’s stock after selling 93,186 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Salesforce were worth $14,668,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Board of the Pension Protection Fund acquired a new position in shares of Salesforce during the fourth quarter valued at about $26,000. Key Capital Management INC acquired a new position in shares of Salesforce during the fourth quarter valued at about $26,000. Legacy Bridge LLC acquired a new position in shares of Salesforce during the fourth quarter valued at about $27,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Salesforce during the third quarter valued at about $28,000. Finally, Dogwood Wealth Management LLC grew its holdings in shares of Salesforce by 285.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group reiterated a “market outperform” rating on shares of Salesforce in a report on Thursday, May 28th. Bank of America began coverage on shares of Salesforce in a research report on Monday, May 18th. They set an “underperform” rating and a $160.00 price target on the stock. Citizens Jmp reissued a “market outperform” rating and set a $315.00 price target on shares of Salesforce in a research report on Thursday, May 28th. Northland Securities dropped their price target on shares of Salesforce from $267.00 to $229.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 10th. Finally, Piper Sandler lowered shares of Salesforce from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $257.97.

Get Our Latest Analysis on CRM

Salesforce Stock Up 0.1%

CRM opened at $185.85 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79. The company’s 50-day moving average is $181.31 and its 200 day moving average is $208.71. Salesforce Inc. has a fifty-two week low of $163.52 and a fifty-two week high of $276.80. The firm has a market capitalization of $152.21 billion, a P/E ratio of 21.51, a PEG ratio of 1.15 and a beta of 1.16.

Salesforce (NYSE:CRM – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping the consensus estimate of $3.13 by $0.75. The business had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.58 earnings per share. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Research analysts expect that Salesforce Inc. will post 10.3 earnings per share for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 0.9%. Salesforce’s payout ratio is currently 20.37%.

Salesforce announced that its Board of Directors has approved a stock repurchase program on Monday, March 16th that authorizes the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization authorizes the CRM provider to reacquire up to 14.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, Director Laura Alber acquired 2,571 shares of the stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the transaction, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David Blair Kirk acquired 2,570 shares of the stock in a transaction on Wednesday, March 18th. The stock was bought at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the transaction, the director owned 13,689 shares of the company’s stock, valued at approximately $2,664,153.18. This trade represents a 23.11% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 3.50% of the company’s stock.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

Positive Sentiment: Salesforce announced a landmark partnership with FIFA for the 2026 World Cup and 2027 Women’s World Cup, which could showcase its AI-driven Agentforce 360 platform to a massive global audience and potentially drive future enterprise demand. Article Title
Positive Sentiment: KeyCorp kept an Overweight rating and a $290 price target on Salesforce, while modeling earnings above consensus for FY2027, signaling continued analyst confidence in the company’s profit growth. Article Title
Positive Sentiment: Recent commentary highlights Salesforce’s strong momentum, helped by its AI strategy, Agentforce rollout, recurring revenue base, and expanding free cash flow, which may keep long-term investors interested. Article Title
Neutral Sentiment: Salesforce’s presentation at the Evercore Global TMT Conference and valuation-focused coverage suggest investors are still reassessing how much of the AI and Agentforce optimism is already priced in. Article Title
Negative Sentiment: Bridgewater Associates reportedly sold Salesforce, which can pressure sentiment in the near term, although the article argues that institutional selling may create a better entry point for patient investors. Article Title

Salesforce Company Profile

(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.