Third View Private Wealth LLC Takes $6.65 Million Position in Salesforce Inc. $CRM

Third View Private Wealth LLC purchased a new stake in Salesforce Inc. (NYSE:CRM) in the fourth quarter, Holdings Channel reports. The firm purchased 25,090 shares of the CRM provider’s stock, valued at approximately $6,647,000. Salesforce accounts for approximately 0.9% of Third View Private Wealth LLC’s portfolio, making the stock its 25th biggest position.

A number of other large investors have also made changes to their positions in CRM. Marquette Asset Management LLC purchased a new stake in shares of Salesforce in the third quarter valued at approximately $26,000. Board of the Pension Protection Fund purchased a new stake in shares of Salesforce in the fourth quarter valued at approximately $26,000. Evolution Wealth Management Inc. purchased a new stake in shares of Salesforce in the second quarter valued at approximately $27,000. Legacy Bridge LLC purchased a new stake in shares of Salesforce in the fourth quarter valued at approximately $27,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Salesforce in the third quarter valued at approximately $28,000. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Salesforce Trading Up 4.7%

CRM opened at $172.76 on Tuesday. Salesforce Inc. has a one year low of $163.52 and a one year high of $296.05. The stock has a market capitalization of $159.45 billion, a PE ratio of 22.12, a P/E/G ratio of 1.20 and a beta of 1.29. The business’s 50 day moving average price is $189.15 and its 200 day moving average price is $225.71. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.76.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.76. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The firm had revenue of $11.20 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same period in the prior year, the firm posted $2.78 earnings per share. The firm’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. As a group, equities research analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce declared that its board has approved a share repurchase program on Monday, March 16th that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the CRM provider to purchase up to 14.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Salesforce Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be issued a $0.44 dividend. This is a boost from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, April 9th. Salesforce’s payout ratio is currently 22.54%.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Sector-led rally lifts CRM: A broad software rebound is pushing beaten-down large-cap names higher, driving short-term buying momentum into Salesforce. Salesforce Jumps 5%, Adobe Climbs 6%, Snowflake Rockets 9 in a Broad Software Sector Rebound
• Positive Sentiment: Analyst take: Wedbush says recent sell-offs (including CRM) were disconnected from emerging AI monetization prospects, implying the pullback may have been overdone and supporting a recovery thesis. Microsoft, Salesforce Recent Sell-Offs Disconnected From Emerging AI Monetization Opportunities, Wedbush Says
• Positive Sentiment: Long-term value argument: Research pieces highlight Salesforce as an undervalued large-cap with strong cash flow and AI-driven growth potential — a buy-the-dip narrative for long-term investors. Why Salesforce (CRM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Reference / quote and financials: Company profile and latest market data are available for investors tracking fundamentals and guidance. Salesforce, Inc. (CRM) Stock Price, News, Quote & History – Yahoo Finance
• Negative Sentiment: Fund-level selling: Mar Vista’s U.S. Quality Strategy disclosed it sold Salesforce, citing AI-related execution challenges — a sign that some active managers are reducing exposure due to near-term execution/AI risk. Mar Vista U.S. Quality Strategy Sold Salesforce (CRM) Due to AI Challenges
• Negative Sentiment: Operational and reputational risks: A reported customer data breach linked to a third‑party app (Drift) and plans to cut ~4,000 support roles as AI replaces service tasks have raised fresh concerns about data security, customer relationships and near-term execution. Salesforce Data Breach And AI Layoffs Reshape Risk And Valuation Narrative

Insider Activity at Salesforce

In related news, Director Neelie Kroes sold 3,893 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total value of $929,259.10. Following the transaction, the director directly owned 7,299 shares in the company, valued at approximately $1,742,271.30. This represents a 34.78% decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was acquired at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares of the company’s stock, valued at $2,664,153.18. The trade was a 23.11% increase in their position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CRM shares. BMO Capital Markets dropped their price target on Salesforce from $235.00 to $225.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. Sanford C. Bernstein dropped their price target on Salesforce from $223.00 to $194.00 and set an “underperform” rating for the company in a research report on Thursday, February 26th. Royal Bank Of Canada dropped their price target on Salesforce from $290.00 to $210.00 and set a “sector perform” rating for the company in a research report on Thursday, February 26th. UBS Group dropped their price target on Salesforce from $260.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Finally, TD Cowen dropped their price target on Salesforce from $325.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Salesforce has a consensus rating of “Moderate Buy” and a consensus target price of $280.21.

Salesforce 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.