Salesforce Inc. $CRM Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Salesforce Inc. (NYSE:CRM) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 326,446 shares of the CRM provider’s stock, valued at approximately $74,942,000.

A number of other hedge funds have also recently modified their holdings of the business. Thor Investment Management Inc. OH ADV grew its stake in shares of Salesforce by 0.7% in the third quarter. Thor Investment Management Inc. OH ADV now owns 6,422 shares of the CRM provider’s stock worth $1,474,000 after acquiring an additional 45 shares during the last quarter. Bradley & Co. Private Wealth Management LLC lifted its position in Salesforce by 9.6% during the third quarter. Bradley & Co. Private Wealth Management LLC now owns 558 shares of the CRM provider’s stock valued at $128,000 after purchasing an additional 49 shares in the last quarter. Crumly & Associates Inc. raised its stake in Salesforce by 1.5% during the 3rd quarter. Crumly & Associates Inc. now owns 3,396 shares of the CRM provider’s stock worth $780,000 after acquiring an additional 50 shares during the period. Meridian Financial Partners LLC boosted its stake in shares of Salesforce by 1.1% in the third quarter. Meridian Financial Partners LLC now owns 4,700 shares of the CRM provider’s stock worth $1,160,000 after acquiring an additional 50 shares during the period. Finally, Peterson Wealth Services raised its position in shares of Salesforce by 3.6% during the third quarter. Peterson Wealth Services now owns 1,549 shares of the CRM provider’s stock valued at $356,000 after buying an additional 54 shares during the last quarter. Institutional investors own 80.43% of the company’s stock.

Trending Headlines about Salesforce

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

Insider Buying and Selling at Salesforce

In related news, Director David Blair Kirk acquired 4,176 shares of the stock in a transaction that occurred on 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 purchase, the director directly owned 18,748 shares of the company’s stock, valued at $4,486,958.84. The trade was a 28.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Craig Conway sold 4,500 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 5,437 shares of the company’s stock, valued at $1,416,936.57. This represents a 45.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

CRM has been the topic of a number of recent research reports. Freedom Broker upped their price target on shares of Salesforce from $230.00 to $295.00 and gave the company a “buy” rating in a research note on Thursday, September 17th. Wall Street Zen lowered Salesforce from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Royal Bank Of Canada reissued a “sector perform” rating and issued a $250.00 price target on shares of Salesforce in a report on Thursday, September 17th. Stephens restated an “equal weight” rating and issued a $289.00 price target on shares of Salesforce in a research note on Friday, September 18th. Finally, Wolfe Research upgraded shares of Salesforce from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Salesforce presently has an average rating of “Moderate Buy” and an average target price of $278.98.

Salesforce Stock Performance

NYSE CRM opened at $228.56 on Monday. The stock 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 current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average is $238.94 and its two-hundred day moving average is $198.88. Salesforce Inc. has a 12-month low of $146.32 and a 12-month high of $269.11.

Salesforce (NYSE:CRM) last announced its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, beating 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 company had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter in the prior year, the firm earned $2.91 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. Research analysts expect that Salesforce Inc. will post 12.82 EPS for the current year.

Salesforce Dividend Announcement

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

Salesforce Company 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.