Mirae Asset Global Investments Co. Ltd. Sells 20,101 Shares of Salesforce Inc. $CRM

Mirae Asset Global Investments Co. Ltd. trimmed its position in Salesforce Inc. (NYSE:CRMFree Report) by 7.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 239,972 shares of the CRM provider’s stock after selling 20,101 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Salesforce were worth $56,873,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Harvey Capital Management Inc. boosted its stake in Salesforce by 17.7% in the 3rd quarter. Harvey Capital Management Inc. now owns 32,621 shares of the CRM provider’s stock worth $7,731,000 after purchasing an additional 4,905 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of Salesforce by 4.0% in the second quarter. Avantax Advisory Services Inc. now owns 87,331 shares of the CRM provider’s stock worth $23,814,000 after buying an additional 3,387 shares in the last quarter. Grant Private Wealth Management Inc purchased a new stake in shares of Salesforce during the third quarter valued at approximately $1,458,000. Advyzon Investment Management LLC raised its holdings in Salesforce by 57.4% in the 2nd quarter. Advyzon Investment Management LLC now owns 1,884 shares of the CRM provider’s stock worth $514,000 after acquiring an additional 687 shares during the last quarter. Finally, CX Institutional boosted its stake in Salesforce by 78.0% during the 3rd quarter. CX Institutional now owns 43,186 shares of the CRM provider’s stock valued at $10,235,000 after purchasing an additional 18,927 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Insider Buying and Selling

In other news, insider Parker Harris sold 134,662 shares of the stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $234.70, for a total value of $31,605,171.40. Following the sale, the insider owned 139,767 shares in the company, valued at $32,803,314.90. This represents a 49.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Neelie Kroes sold 3,893 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $238.70, for a total transaction of $929,259.10. Following the sale, the director directly owned 7,299 shares in the company, valued at $1,742,271.30. The trade was a 34.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 140,927 shares of company stock worth $33,146,979 in the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Salesforce Trading Down 0.2%

CRM stock opened at $228.03 on Thursday. The company has a market capitalization of $213.66 billion, a PE ratio of 30.44, a P/E/G ratio of 1.70 and a beta of 1.26. The firm’s 50-day moving average is $247.30 and its 200 day moving average is $248.09. Salesforce Inc. has a 12 month low of $218.96 and a 12 month high of $360.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.98.

Salesforce (NYSE:CRMGet Free Report) last issued its earnings results on Wednesday, December 3rd. The CRM provider reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.39. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.The business had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $10.27 billion. During the same period in the prior year, the business earned $2.41 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. On average, research analysts anticipate that Salesforce Inc. will post 7.46 EPS for the current year.

Salesforce Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 18th were paid a dividend of $0.416 per share. This represents a $1.66 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, December 18th. Salesforce’s payout ratio is presently 22.16%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wedbush reissued an “outperform” rating and issued a $375.00 target price on shares of Salesforce in a report on Thursday, December 4th. Cantor Fitzgerald reissued an “overweight” rating on shares of Salesforce in a report on Thursday, December 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $300.00 target price on shares of Salesforce in a report on Thursday, December 4th. Morgan Stanley cut their price objective on Salesforce from $405.00 to $398.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $430.00 price target on shares of Salesforce in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $324.51.

Get Our Latest Stock Report on Salesforce

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: Salesforce won a potential $5.6 billion, 10‑year IDIQ contract from the U.S. Army (via its national security unit) to provide AI, data analytics and modernization services — a multi‑year, defense‑focused revenue stream that boosts backlog visibility and expands Salesforce’s addressable market outside classic CRM. Salesforce wins $5.6B US Army contract for national security technology
  • Positive Sentiment: Coverage highlights two long‑horizon deals (the Army contract plus a wildfire/AI engagement), signaling a strategic pivot into mission‑critical AI and government work that could drive higher‑margin services and longer contract durations. This supports the company’s AI positioning and potential new revenue streams. Salesforce Deepens Defense and Wildfire AI Roles With Long-Horizon Deals
  • Neutral Sentiment: Wall Street/TV commentary keeps Salesforce on investors’ radars (Jim Cramer, Barclays coverage, Zacks comparisons to Adobe). Analysts highlight AI momentum and margin improvements but the story remains mixed between long‑term opportunity and near‑term execution/valuation questions. Jim Cramer Discusses Salesforce (CRM)
  • Neutral Sentiment: Salesforce granted ~139,574 RSUs to new employees from recent acquisitions (Apromore, Spindle AI, Informatica) — standard acquisition retention, modest dilution and a sign of integration activity. Salesforce Grants Equity Awards to Apromore, Spindle AI, and Informatica Employees
  • Negative Sentiment: Technical/market sentiment remains a headwind — recent price weakness (large Y/Y drop and volatile monthly moves) and bearish chart/forecast articles are keeping short‑term pressure on the stock despite the headline deals. Salesforce Inc. (NYSE: CRM) Price Prediction and Forecast 2026–2030 (February 2026)

About Salesforce

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Salesforce Inc. (NYSE:CRMFree Report).

Institutional Ownership by Quarter for Salesforce (NYSE:CRM)

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