Nissay Asset Management Corp Japan Sells 12,190 Shares of Salesforce Inc. $CRM

Nissay Asset Management Corp Japan lessened its position in Salesforce Inc. (NYSE:CRM) by 10.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,323 shares of the CRM provider’s stock after selling 12,190 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Salesforce were worth $16,813,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CRM. Temasek Holdings Private Ltd lifted its holdings in Salesforce by 3.7% during the 4th quarter. Temasek Holdings Private Ltd now owns 683,790 shares of the CRM provider’s stock valued at $181,143,000 after buying an additional 24,332 shares in the last quarter. SFE Investment Counsel boosted its holdings in shares of Salesforce by 82.7% in the fourth quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock valued at $4,608,000 after purchasing an additional 7,871 shares during the period. Fluent Financial LLC bought a new position in Salesforce in the second quarter worth approximately $2,265,000. Secured Retirement Advisors LLC purchased a new position in Salesforce during the 1st quarter worth $1,004,000. Finally, Janus Henderson Group PLC increased its holdings in Salesforce by 2.5% during the 1st quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider’s stock worth $23,846,000 after purchasing an additional 3,125 shares during the period. 80.43% of the stock is owned by hedge funds and other institutional investors.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

Salesforce Stock Performance

CRM stock opened at $256.60 on Friday. Salesforce Inc. has a one year low of $146.32 and a one year high of $269.11. The firm has a market cap of $210.16 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 1.38 and a beta of 1.16. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.79 and a current ratio of 0.84. The firm has a 50-day simple moving average of $181.24 and a two-hundred day simple moving average of $182.55.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, topping the consensus estimate of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. During the same quarter in the previous year, the business posted $2.91 EPS. Salesforce’s revenue was up 10.8% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, equities analysts forecast that Salesforce Inc. will post 12.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Susquehanna initiated coverage on Salesforce in a research note on Wednesday, July 1st. They set a “neutral” rating on the stock. BMO Capital Markets increased their target price on shares of Salesforce from $230.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday. Scotiabank downgraded shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, June 18th. Morgan Stanley boosted their price target on shares of Salesforce from $185.00 to $235.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Wedbush started coverage on shares of Salesforce in a research report on Wednesday, July 1st. They issued an “outperform” rating for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Salesforce currently has an average rating of “Moderate Buy” and an average price target of $261.15.

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.