Numerai GP LLC Has $5.69 Million Stock Holdings in Salesforce Inc. $CRM

Numerai GP LLC trimmed its position in Salesforce Inc. (NYSE:CRM) by 28.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 23,997 shares of the CRM provider’s stock after selling 9,552 shares during the quarter. Salesforce comprises approximately 0.8% of Numerai GP LLC’s portfolio, making the stock its 21st largest holding. Numerai GP LLC’s holdings in Salesforce were worth $5,687,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. acquired a new stake in Salesforce in the second quarter valued at approximately $27,000. Marquette Asset Management LLC acquired a new position in shares of Salesforce during the third quarter worth approximately $26,000. Texas Capital Bancshares Inc TX bought a new position in shares of Salesforce in the 3rd quarter worth $28,000. Country Trust Bank grew its position in Salesforce by 658.8% in the 2nd quarter. Country Trust Bank now owns 129 shares of the CRM provider’s stock valued at $35,000 after purchasing an additional 112 shares during the period. Finally, Kilter Group LLC acquired a new stake in Salesforce in the 2nd quarter valued at $42,000. Institutional investors own 80.43% of the company’s stock.

Salesforce Stock Performance

Shares of CRM stock opened at $198.13 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a 50-day moving average of $209.31 and a 200-day moving average of $234.58. Salesforce Inc. has a one year low of $174.57 and a one year high of $296.05. The company has a market cap of $182.87 billion, a P/E ratio of 25.37, a P/E/G ratio of 1.40 and a beta of 1.29.

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

Salesforce Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 23rd. Stockholders 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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, April 9th. Salesforce’s dividend payout ratio is currently 21.25%.

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.

Analysts Set New Price Targets

Several research firms have weighed in on CRM. BMO Capital Markets lowered their price objective on shares of Salesforce from $235.00 to $225.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Truist Financial set a $280.00 target price on shares of Salesforce in a research report on Thursday, February 26th. Roth Mkm lowered their target price on shares of Salesforce from $395.00 to $325.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. KeyCorp dropped their price target on shares of Salesforce from $400.00 to $300.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Finally, Arete Research upgraded Salesforce to a “strong-buy” rating in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $280.21.

Insider Buying and Selling

In other Salesforce news, Director David Blair Kirk purchased 1,936 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were acquired at an average cost of $258.64 per share, for a total transaction of $500,727.04. Following the completion of the acquisition, the director owned 10,677 shares of the company’s stock, valued at $2,761,499.28. The trade was a 22.15% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Neelie Kroes sold 3,893 shares of the business’s stock in a transaction 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 completion of 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 position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.00% of the company’s stock.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce commenced an approximately $25 billion accelerated share repurchase (ASR) as the first half of its $50 billion repurchase program — immediate delivery of ~103 million shares reduces float and should be EPS-accretive. Salesforce Commences Largest-Ever $25 Billion Accelerated Share Repurchase
• Positive Sentiment: The Board authorized a $25 billion buyback authorization (per reports), allowing repurchase of roughly 14.1% of shares — a sign management views shares as undervalued and a structural support for the stock. RTT News
• Positive Sentiment: Historic ASR headlines from multiple outlets drove buying interest and momentum as traders price in lower share count and near-term EPS lift from the repurchase. Salesforce (CRM) Stock Climbs on Historic $25B Share Repurchase Launch
• Positive Sentiment: Recent fundamentals support the buyback move: Salesforce beat quarterly EPS and reiterated fiscal guidance, giving management room to return capital without sacrificing growth investments.
• Neutral Sentiment: J.P. Morgan published an options-focused note tied to geopolitical uncertainty (Iran war risks), highlighting potential volatility and trading strategies around CRM rather than a fundamental call. J.P. Morgan outlines CRM options play for uncertain Iran war outcome
• Neutral Sentiment: Analyst and media coverage (Seeking Alpha deep-dive, Zacks attention, bullish write-ups on Yahoo/InsiderMonkey) is raising retail/institutional interest — useful for momentum but not an immediate guarantee of sustained outperformance. Salesforce: Doubling Down In A Time Of Uncertainty
• Neutral Sentiment: Noted value investor activity (Bill Nygren buys) signals some institutional appetite, which can support the stock over the medium term but is incremental to the larger buyback-driven catalyst. The Legendary Bill Nygren Bought These Value Gems Last Quarter

Salesforce Company 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.