Salesforce Inc. $CRM Shares Sold by ABN Amro Investment Solutions

ABN Amro Investment Solutions cut its holdings in Salesforce Inc. (NYSE:CRM) by 9.6% during the fourth quarter, HoldingsChannel reports. The fund owned 283,563 shares of the CRM provider’s stock after selling 30,025 shares during the period. Salesforce comprises 1.1% of ABN Amro Investment Solutions’ holdings, making the stock its 17th biggest position. ABN Amro Investment Solutions’ holdings in Salesforce were worth $75,119,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CRM. Board of the Pension Protection Fund acquired a new position in Salesforce in the fourth quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in Salesforce in the fourth quarter valued at approximately $26,000. Legacy Bridge LLC acquired a new position in Salesforce in the fourth quarter valued at approximately $27,000. Texas Capital Bancshares Inc TX acquired a new position in Salesforce in the third quarter valued at approximately $28,000. Finally, Dogwood Wealth Management LLC raised its position in Salesforce by 285.7% in the fourth quarter. Dogwood Wealth Management LLC now owns 108 shares of the CRM provider’s stock valued at $29,000 after purchasing an additional 80 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. BTIG Research reissued a “buy” rating and issued a $255.00 target price on shares of Salesforce in a research report on Friday, April 17th. JPMorgan Chase & Co. cut their target price on Salesforce from $365.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Jefferies Financial Group cut their target price on Salesforce from $375.00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen lowered Salesforce from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Royal Bank Of Canada cut their target price on Salesforce from $290.00 to $210.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $274.56.

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Investor sentiment improved as markets softened their view of the existential threat AI poses to traditional software companies, helping Salesforce shares rebound. Why Salesforce (CRM) Stock Is Trading Up Today
• Positive Sentiment: Salesforce’s Agentforce initiative continues to gain traction, with nearly $800 million in ARR and more than 29,000 deals, supporting the bull case that AI can reignite subscription growth. Salesforce Bets on Agentic AI: Will It Lift Subscription Growth?
• Positive Sentiment: Wall Street expectations are still centered on earnings growth next week, and some coverage argues Salesforce has the ingredients for another earnings beat. Salesforce (CRM) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Several articles framed Salesforce as part of a broader software-sector rebound, with investors rotating back into enterprise software names amid the AI debate. From ServiceNow to Salesforce: why are software stocks rallying today?
• Neutral Sentiment: A new partnership with TTEC Digital could help Salesforce push Agentforce into production environments, but it is still early-stage execution news rather than a near-term financial catalyst. Salesforce TTEC Digital Partnership Puts Agentforce Production Use In Focus
• Negative Sentiment: Bank of America reinstated Salesforce with an Underperform rating and a $160 price target, warning that the company faces an “AI-driven structural reset” that could pressure growth and valuation. Salesforce rated ‘Underperform’ by Bank of America on AI growth concerns
• Negative Sentiment: Citi also cut its target on Salesforce, citing slower deal activity and rising competitive pressure, reinforcing concerns that sales momentum may be cooling. Citi Lowers Target on Salesforce (CRM) Over Slower Deal Activity

Salesforce Stock Up 0.5%

Salesforce stock opened at $180.23 on Thursday. Salesforce Inc. has a twelve month low of $163.52 and a twelve month high of $287.63. The stock’s fifty day simple moving average is $182.90 and its 200-day simple moving average is $213.80. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $147.47 billion, a P/E ratio of 23.08, a P/E/G ratio of 1.34 and a beta of 1.14.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.05 by $0.76. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The business had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. During the same quarter in the prior year, the company earned $2.78 earnings per share. The company’s revenue was up 12.1% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 13.110-13.190 EPS and its Q1 2027 guidance at 3.110-3.130 EPS. As a group, equities analysts expect that Salesforce Inc. will post 9.71 earnings per share for the current fiscal year.

Salesforce Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Stockholders of record on Thursday, April 9th were given a dividend of $0.44 per share. This is an increase from Salesforce’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, April 9th. Salesforce’s dividend payout ratio is currently 22.54%.

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

Insiders Place Their Bets

In related news, Director Laura Alber acquired 2,571 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were acquired at an average price of $194.58 per share, with a total value of $500,265.18. Following the completion of the transaction, the director owned 9,530 shares of the company’s stock, valued at $1,854,347.40. The trade was a 36.94% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David Blair Kirk acquired 2,570 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of $194.62 per share, for a total transaction of $500,173.40. Following the transaction, the director directly owned 13,689 shares of the company’s stock, valued at approximately $2,664,153.18. This trade represents a 23.11% 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 corporate insiders.

Salesforce Profile

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.