Magnetar Financial LLC Sells 22,450 Shares of Salesforce Inc. $CRM

Magnetar Financial LLC decreased its position in shares of Salesforce Inc. (NYSE:CRM) by 70.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,630 shares of the CRM provider’s stock after selling 22,450 shares during the period. Magnetar Financial LLC’s holdings in Salesforce were worth $2,282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Marquette Asset Management LLC bought a new stake in shares of Salesforce during the 3rd quarter worth $26,000. Evolution Wealth Management Inc. bought a new position in Salesforce in the second quarter valued at about $27,000. Country Trust Bank raised its stake in Salesforce by 658.8% during the second quarter. Country Trust Bank now owns 129 shares of the CRM provider’s stock worth $35,000 after acquiring an additional 112 shares in the last quarter. Capital A Wealth Management LLC lifted its holdings in shares of Salesforce by 40.9% in the second quarter. Capital A Wealth Management LLC now owns 155 shares of the CRM provider’s stock worth $41,000 after acquiring an additional 45 shares during the last quarter. Finally, Kilter Group LLC acquired a new stake in shares of Salesforce in the 2nd quarter valued at approximately $42,000. 80.43% of the stock is owned by institutional investors.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong recent fundamentals and AI momentum bolster investor confidence—analysts and coverage pieces note Salesforce’s robust fiscal 2026 results and rising AI-driven demand that supported recent gains. CRM Stock Up More Than 5% in a Month: Should You Buy, Sell or Hold?
• Positive Sentiment: Product/GTMS initiatives: Salesforce is pushing contact-center modernization with Agentforce, which could drive upsells in Service Cloud and contact-center spend. Salesforce Aims to End the ‘Frankenstein’ Contact Center With Agentforce
• Positive Sentiment: Partner and integration momentum—third-party vendors (e.g., LivePerson, Cloudsquare integrations) are emphasizing Salesforce as the CRM backbone, which supports platform stickiness and ecosystem revenue. LivePerson Announces Event-driven Orchestration Partnership with Coral Active
• Positive Sentiment: Management outreach to investors: recent presentations at Morgan Stanley highlighted record fiscal 2026 performance and strategic priorities for 2027, helping sentiment. Salesforce (CRM) Presents at Morgan Stanley’s Conference, Here’s What You Need to Know
• Neutral Sentiment: Capital markets execution: Salesforce priced an underwritten offering of senior notes (aggregate $25B) with proceeds earmarked for buybacks—a definitive move but execution/terms will determine impact. Salesforce Prices Public Offering of Senior Notes
• Neutral Sentiment: Longer-term context pieces and competitor comparisons (Oracle, ServiceNow) highlight that Salesforce remains a cloud/AI market leader, but growth comparisons show mixed near-term organic trends. What If You Had Invested $1,000 in Oracle or Salesforce 10 Years Ago?
• Negative Sentiment: Tepid demand and higher yields on the $25B bond package have surfaced—reports show investor hesitation and higher required yields, signalling market concern about the leverage and pricing of debt-funded buybacks. Salesforce Sees Tepid Demand for Bond Sale to Fund Share Buyback
• Negative Sentiment: Credit and analyst pressure: rating agencies reacted to the buyback/debt move and some brokers issued downgrades or pessimistic forecasts—this increases financing costs and adds near-term downside risk. Salesforce Weighs Debt Funded Buybacks And Partner Cloud Against Valuation
• Negative Sentiment: Analyst downgrade and bearish notes have pressured sentiment, with some reports calling for lower near-term price targets. Salesforce (NYSE:CRM) Stock Price Down 2% on Analyst Downgrade

Analysts Set New Price Targets

Several research analysts have recently issued reports on CRM shares. Stifel Nicolaus lowered their price target on shares of Salesforce from $300.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, February 26th. BMO Capital Markets reduced their price objective on Salesforce from $235.00 to $225.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Barclays dropped their target price on Salesforce from $265.00 to $252.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Northland Securities reduced their price target on Salesforce from $267.00 to $229.00 and set a “market perform” rating on the stock in a report on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 price objective on shares of Salesforce in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $282.06.

Insider Buying and Selling at Salesforce

In other news, Director David Blair Kirk bought 1,936 shares of Salesforce stock in a transaction dated Wednesday, December 17th. The stock was purchased at an average price of $258.64 per share, for a total transaction of $500,727.04. Following the purchase, the director directly owned 10,677 shares in the company, valued at $2,761,499.28. The trade was a 22.15% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Neelie Kroes sold 3,893 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total transaction of $929,259.10. Following the transaction, the director directly owned 7,299 shares in the company, valued at $1,742,271.30. The trade was a 34.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.00% of the company’s stock.

Salesforce Stock Up 2.3%

Salesforce stock opened at $198.68 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average price is $211.70 and its two-hundred day moving average price is $235.53. The firm has a market capitalization of $183.39 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 1.41 and a beta of 1.29. Salesforce Inc. has a 1-year low of $174.57 and a 1-year high of $296.05.

Salesforce (NYSE:CRM) last posted its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.05 by $0.76. The company had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The firm’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.78 EPS. 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, equities research analysts predict that Salesforce Inc. will post 7.46 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Investors of record on Thursday, April 9th will be given a dividend of $0.44 per share. The ex-dividend date of this dividend is Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a dividend yield of 0.9%. Salesforce’s payout ratio is presently 21.25%.

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.