Investment Insight Wealth Management LLC Invests $1.35 Million in Salesforce Inc. $CRM

Investment Insight Wealth Management LLC acquired a new stake in shares of Salesforce Inc. (NYSE:CRM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,086 shares of the CRM provider’s stock, valued at approximately $1,349,000. Salesforce makes up approximately 1.3% of Investment Insight Wealth Management LLC’s portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Temasek Holdings Private Ltd lifted its holdings 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 acquiring an additional 24,332 shares during the period. SFE Investment Counsel grew its stake in shares of Salesforce by 82.7% during the 4th quarter. SFE Investment Counsel now owns 17,394 shares of the CRM provider’s stock worth $4,608,000 after purchasing an additional 7,871 shares during the period. Van ECK Associates Corp grew its stake in shares of Salesforce by 8.9% during the 3rd quarter. Van ECK Associates Corp now owns 1,299,513 shares of the CRM provider’s stock worth $307,984,000 after purchasing an additional 106,107 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Salesforce by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 4,328,230 shares of the CRM provider’s stock valued at $1,025,791,000 after purchasing an additional 101,191 shares in the last quarter. Finally, Eminence Capital LP lifted its stake in shares of Salesforce by 5.6% in the 3rd quarter. Eminence Capital LP now owns 830,536 shares of the CRM provider’s stock valued at $196,837,000 after purchasing an additional 43,888 shares during the period. 80.43% of the stock is owned by hedge funds and other institutional investors.

Salesforce Stock Performance

CRM opened at $151.67 on Friday. 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 company has a market cap of $124.22 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 0.97 and a beta of 1.16. Salesforce Inc. has a 52-week low of $149.80 and a 52-week high of $276.80. The firm’s fifty day simple moving average is $177.91 and its two-hundred day simple moving average is $204.72.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.13 by $0.75. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. The business had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter in the previous year, the company earned $2.58 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Equities analysts anticipate that Salesforce Inc. will post 10.29 earnings per share for the current fiscal year.

Salesforce Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, June 11th. Salesforce’s payout ratio is 20.37%.

Salesforce declared that its board has authorized a stock repurchase plan on Monday, March 16th that permits the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization permits the CRM provider to buy up to 14.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Salesforce to buy from neutral and set a $200 price target, citing valuation appeal and potential AI-driven upside. Read More
• Positive Sentiment: Truist reiterated confidence in Salesforce after its $3.6 billion Fin acquisition, viewing the deal as another step in expanding its AI automation and customer-agent capabilities. Article Title
• Positive Sentiment: Multiple articles highlighted Salesforce as a long-term growth stock, with analysts pointing to its AI platform, Agentforce, and ongoing product expansion as reasons for optimism. Article Title
• Neutral Sentiment: Salesforce’s latest AI and acquisition story continues to attract attention, including coverage of the Fin deal and a new partnership announcement, which could support the long-term growth narrative if execution remains strong. Article Title
• Negative Sentiment: Other commentary remained cautious, with UBS keeping a neutral rating and some analysts cutting fair value estimates amid questions about AI monetization, unit economics, and growth reacceleration. Article Title
• Negative Sentiment: A comparison piece against Oracle underscored that Salesforce’s recent earnings and outlook have not been viewed as strongly as some peers, reinforcing investor concern about near-term performance versus other software names. Article Title

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Scotiabank downgraded shares of Salesforce from a “sector outperform” rating to a “sector perform” rating in a report on Thursday. Oppenheimer dropped their target price on Salesforce from $275.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. UBS Group restated a “neutral” rating on shares of Salesforce in a research note on Tuesday. Truist Financial set a $280.00 price target on Salesforce in a report on Thursday, February 26th. Finally, Roth Mkm reiterated a “buy” rating and set a $325.00 price target on shares of Salesforce in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $257.61.

About Salesforce

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.