Altrafin AG Buys Shares of 13,381 Salesforce Inc. $CRM

Altrafin AG purchased a new position in shares of Salesforce Inc. (NYSE:CRM) in the 4th quarter, HoldingsChannel reports. The firm purchased 13,381 shares of the CRM provider’s stock, valued at approximately $3,545,000. Salesforce accounts for about 1.1% of Altrafin AG’s portfolio, making the stock its 22nd biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new position in Salesforce during the 4th quarter worth approximately $25,000. Board of the Pension Protection Fund bought a new position in Salesforce during the 4th quarter worth approximately $26,000. Key Capital Management INC bought a new position in Salesforce during the 4th quarter worth approximately $26,000. Gilpin Wealth Management LLC bought a new position in Salesforce during the 4th quarter worth approximately $26,000. Finally, Legacy Bridge LLC bought a new position in Salesforce during the 4th quarter worth approximately $27,000. Institutional investors own 80.43% of the company’s stock.

Insiders Place Their Bets

In other news, Director Laura Alber bought 2,571 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were bought at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the acquisition, the director directly owned 9,530 shares in the company, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Blair Kirk bought 2,570 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased 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 owned 13,689 shares in the company, valued at $2,664,153.18. This represents a 23.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is owned by company insiders.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s latest quarter was strong, with revenue of $11.13 billion, EPS of $3.88, and AI/data ARR rising to $3.4 billion; Agentforce alone reached $1.2 billion in ARR, reinforcing the company’s AI growth story and supporting the bullish case. Article Title
• Positive Sentiment: Erste Group Bank raised its earnings expectations for Salesforce, estimating FY2027 EPS at $10.17 and FY2028 EPS at $11.07, which suggests confidence in longer-term profitability. Article Title
• Positive Sentiment: Salesforce is getting renewed attention from market watchers, and several articles highlight that its AI pivot and low valuation could attract investors if execution continues to improve. Article Title
• Neutral Sentiment: Salesforce is also being discussed in the context of broader software-sector weakness, with investors favoring AI infrastructure and chip names over traditional subscription software. Article Title
• Negative Sentiment: Salesforce announced another round of layoffs tied to its AI and Marketing Cloud teams, signaling restructuring pressure as it shifts toward AI-focused and usage-based monetization models. Article Title
• Negative Sentiment: Several reports note that CRM shares are near 52-week lows as investors worry the market is rotating away from legacy software names, keeping pressure on the stock despite solid fundamentals. Article Title

Salesforce Stock Performance

Shares of CRM stock opened at $166.07 on Friday. The company has a market cap of $136.01 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.03 and a beta of 1.16. Salesforce Inc. has a 52 week low of $161.40 and a 52 week high of $276.80. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.15. The firm has a 50 day moving average of $180.10 and a 200-day moving average of $206.89.

Salesforce (NYSE:CRM) 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 company had revenue of $11.13 billion during the quarter, compared to the consensus estimate of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.58 EPS. 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, equities analysts forecast that Salesforce Inc. will post 10.29 earnings per share for the current year.

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

Salesforce Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be 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 is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is currently 20.37%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Citigroup restated a “market outperform” rating on shares of Salesforce in a report on Thursday, May 28th. Royal Bank Of Canada restated a “neutral” rating on shares of Salesforce in a report on Thursday, June 4th. Roth Mkm restated a “buy” rating and set a $325.00 price target on shares of Salesforce in a report on Thursday, May 28th. TD Cowen restated a “buy” rating on shares of Salesforce in a report on Friday. Finally, Morgan Stanley reduced their price objective on shares of Salesforce from $398.00 to $287.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.26.

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.