Salesforce Inc. $CRM Stock Bought by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in Salesforce Inc. (NYSE:CRM) by 39.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,628 shares of the CRM provider’s stock after purchasing an additional 12,828 shares during the period. Vise Technologies Inc.’s holdings in Salesforce were worth $10,475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grandfield & Dodd LLC raised its stake in shares of Salesforce by 12.0% during the 3rd quarter. Grandfield & Dodd LLC now owns 1,866 shares of the CRM provider’s stock worth $428,000 after buying an additional 200 shares during the period. Cidel Asset Management Inc. lifted its position in shares of Salesforce by 13.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 4,901 shares of the CRM provider’s stock valued at $1,125,000 after buying an additional 583 shares in the last quarter. Intrua Financial LLC purchased a new position in shares of Salesforce during the 3rd quarter valued at approximately $250,000. Greatmark Investment Partners Inc. acquired a new stake in Salesforce in the 3rd quarter valued at $201,000. Finally, Americana Partners LLC grew its stake in Salesforce by 5.9% in the 3rd quarter. Americana Partners LLC now owns 6,560 shares of the CRM provider’s stock valued at $1,506,000 after acquiring an additional 365 shares during the period. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CRM shares. Guggenheim upped their price objective on shares of Salesforce from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, September 17th. Freedom Broker lifted their target price on shares of Salesforce from $230.00 to $295.00 and gave the company a “buy” rating in a research report on Thursday, September 17th. Citigroup reissued a “market outperform” rating on shares of Salesforce in a research note on Tuesday, October 20th. Argus upped their price target on shares of Salesforce from $290.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Finally, CLSA initiated coverage on shares of Salesforce in a research note on Monday, July 20th. They issued a “hold” rating and a $165.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $278.98.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce signed a definitive agreement to acquire Rune Technologies, a defense-technology company. The deal supports Salesforce’s push into military and government applications, potentially expanding its addressable market and adding a specialized technology platform. Financial terms were not disclosed. Salesforce Signs Definitive Agreement to Acquire Rune Technologies
• Positive Sentiment: TPM Holdings completed an 18-month realignment centered on Salesforce CRM and artificial intelligence for the architecture, engineering and construction industries. Its combination of TrebleHook and The Hunley Group could expand Salesforce-based implementations and demonstrate growing demand for industry-specific AI tools. TPM Holdings Accelerates Investment in AI and Salesforce CRM
• Positive Sentiment: Several analyst and investment articles describe Salesforce as a potential AI rebound candidate, citing autonomous AI agents, improving monetization, strong free cash flow and its leadership in customer relationship management. These views may support longer-term sentiment, although they are not new company guidance. AI Comeback Story Article
• Neutral Sentiment: Salesforce’s earnings report is approaching, making upcoming revenue growth, AI adoption, margins and forward guidance the main near-term catalysts. The company’s latest reported quarter included revenue of $11.35 billion and adjusted earnings that exceeded consensus estimates. Salesforce Earnings Preview
• Negative Sentiment: Salesforce declined in sympathy with ServiceNow, Fortinet and other software stocks after investors focused on slower contracted-revenue growth despite earnings beats and higher AI targets. The reaction has renewed concerns about enterprise-software demand, AI monetization timelines and elevated sector valuations. ServiceNow Results Dent Software Stocks

Salesforce Price Performance

Salesforce stock opened at $228.56 on Monday. Salesforce Inc. has a 52-week low of $146.32 and a 52-week high of $269.11. The firm has a market capitalization of $188.10 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.04 and a beta of 1.24. The company has a fifty day simple moving average of $238.94 and a 200-day simple moving average of $198.88. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02.

Salesforce (NYSE:CRM) last posted its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating the consensus estimate 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 for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.91 earnings per share. 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 anticipate that Salesforce Inc. will post 12.82 EPS for the current fiscal year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were given a $0.44 dividend. The ex-dividend date was Thursday, September 17th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.8%. Salesforce’s dividend payout ratio (DPR) is currently 16.04%.

Insider Activity

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

Salesforce Profile

Salesforce, Inc (NYSE: CRM) is a global enterprise software company that provides cloud-based customer relationship management (CRM) technology. Its platform helps organizations manage sales, customer service, marketing, commerce, data, analytics and interactions with customers across digital and traditional channels.

The company’s products include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud and Data Cloud. Salesforce also offers Tableau for data visualization and analytics, MuleSoft for application integration, and Slack for workplace collaboration.