Salesforce Inc. $CRM Stock: Courier Capital LLC Decreases Position

Courier Capital LLC lessened its position in shares of Salesforce Inc. (NYSE:CRM) by 40.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 10,964 shares of the CRM provider’s stock after selling 7,409 shares during the period. Courier Capital LLC’s holdings in Salesforce were worth $2,517,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CRM. Temasek Holdings Private Ltd raised its stake in Salesforce by 3.7% in the fourth 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. Fluent Financial LLC purchased a new stake in Salesforce during the 2nd quarter worth about $2,265,000. TAM Capital Management Inc. purchased a new stake in Salesforce during the 1st quarter worth about $40,945,000. Secured Retirement Advisors LLC acquired a new position in shares of Salesforce during the 1st quarter worth about $1,004,000. Finally, Janus Henderson Group PLC boosted its position in shares of 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 acquiring an additional 3,125 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Bank of America upgraded Salesforce from Underperform to Buy and raised its price target to $285 from $160. The firm believes AI should deepen customers’ dependence on Salesforce’s enterprise software, citing stronger Agentforce adoption, an attractive valuation and the company’s capital-return plans. Salesforce Just Got a Rare Double Upgrade—What Changed?
• Positive Sentiment: Salesforce agreed to acquire AI analytics platform Loops for an estimated $30 million. Loops is expected to strengthen Tableau and Slack by proactively identifying business trends, anomalies and recommended actions, potentially making Salesforce’s AI tools more valuable and increasing platform retention. Salesforce to Buy AI-Powered Analytics Platform Loops
• Positive Sentiment: Agentforce momentum and the $25 billion share-repurchase program are reinforcing expectations for earnings growth. Recent coverage cited estimated Agentforce annual recurring revenue above $1.5 billion and remaining performance obligations up roughly 14% to $33.5 billion. Salesforce Gets a Rare BofA Double Upgrade
• Positive Sentiment: Salesforce and DocuSign expanded their partnership to bring intelligent agreement management natively to Salesforce, Agentforce and Slack, supporting AI-driven workflows and potentially improving ecosystem engagement. Docusign and Salesforce Launch Intelligent Agreement Management
• Neutral Sentiment: Investors continue to debate whether AI will create durable subscription growth or reduce demand for traditional per-seat software. Salesforce’s shift toward usage-based pricing could mitigate that risk, but Loops integration and Agentforce monetization still need to demonstrate sustained results.
• Negative Sentiment: Short interest has increased, reflecting skepticism about organic growth, while acquisition execution, elevated leverage and broader concerns about AI “cannibalizing” software remain potential risks.

Insider Buying and Selling

In other news, Director Craig Conway sold 4,500 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $260.61, for a total value of $1,172,745.00. Following the completion of the sale, the director directly owned 5,437 shares of the company’s stock, valued at approximately $1,416,936.57. This represents a 45.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Blair Kirk bought 4,176 shares of the stock in a transaction dated Friday, September 18th. The shares were acquired at an average price of $239.33 per share, for a total transaction of $999,442.08. Following the completion of the transaction, the director owned 18,748 shares of the company’s stock, valued at approximately $4,486,958.84. The trade was a 28.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.50% of the stock is currently owned by insiders.

Salesforce Stock Performance

Shares of CRM traded up $4.22 during midday trading on Tuesday, reaching $238.14. 9,069,336 shares of the stock were exchanged, compared to its average volume of 13,639,237. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market capitalization of $195.99 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.05 and a beta of 1.26. The business’s 50-day moving average price is $228.44 and its 200 day moving average price is $193.67.

Salesforce (NYSE:CRM) last announced its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. The firm had revenue of $11.35 billion during the quarter, compared to analysts’ expectations of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%. The business’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.91 EPS. 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, sell-side analysts expect that Salesforce Inc. will post 12.82 EPS for the current fiscal year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were paid a $0.44 dividend. The ex-dividend date was Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. Salesforce’s payout ratio is currently 16.04%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CRM. Needham & Company LLC reissued a “buy” rating on shares of Salesforce in a research report on Thursday, September 17th. BTIG Research restated a “buy” rating and set a $300.00 target price on shares of Salesforce in a research note on Wednesday, September 2nd. Evercore started coverage on Salesforce in a report on Monday. They issued an “outperform” rating for the company. Mizuho increased their price target on shares of Salesforce from $265.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, September 16th. Finally, TD Cowen initiated coverage on shares of Salesforce in a report on Monday. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and an average price target of $278.12.

About Salesforce

Salesforce, Inc (NYSE: CRM) develops cloud-based customer relationship management (CRM) software and enterprise applications. Its platform helps organizations manage sales, customer service, marketing, commerce, analytics, data integration and collaboration through subscription-based services.

The company’s product portfolio includes Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Salesforce Platform, Data Cloud and Tableau. Salesforce also offers MuleSoft integration technology, Slack collaboration software and artificial intelligence capabilities through its Einstein platform.