Salesforce Inc. $CRM Shares Sold by Windward Capital Management Co. CA

Windward Capital Management Co. CA trimmed its position in shares of Salesforce Inc. (NYSE:CRM) by 3.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 183,283 shares of the CRM provider’s stock after selling 6,072 shares during the period. Salesforce accounts for approximately 3.8% of Windward Capital Management Co. CA’s portfolio, making the stock its 6th largest holding. Windward Capital Management Co. CA’s holdings in Salesforce were worth $48,553,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rockland Trust Co. increased its position in Salesforce by 1,145.6% during the 3rd quarter. Rockland Trust Co. now owns 13,066 shares of the CRM provider’s stock worth $3,097,000 after purchasing an additional 12,017 shares in the last quarter. Alps Advisors Inc. boosted its position in Salesforce by 98.3% in the third quarter. Alps Advisors Inc. now owns 21,455 shares of the CRM provider’s stock valued at $5,085,000 after buying an additional 10,633 shares in the last quarter. Midwest Trust Co grew its stake in shares of Salesforce by 2.3% during the third quarter. Midwest Trust Co now owns 187,071 shares of the CRM provider’s stock worth $44,336,000 after buying an additional 4,233 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Salesforce by 15.1% during the third quarter. Jones Financial Companies Lllp now owns 467,551 shares of the CRM provider’s stock worth $113,420,000 after buying an additional 61,270 shares during the last quarter. Finally, AGF Management Ltd. increased its holdings in shares of Salesforce by 42.2% during the third quarter. AGF Management Ltd. now owns 281,054 shares of the CRM provider’s stock worth $66,610,000 after buying an additional 83,403 shares in the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Expanded Google Cloud partnership that enables AI agents to act across Salesforce and Google platforms — strengthens product differentiation and cross-sell opportunities for AI-driven workflows, a constructive long-term catalyst. Salesforce and Google Cloud partnership
• Positive Sentiment: Management’s capital return and analyst conversations: coverage notes a sizable buyback plan and analysts highlighting valuation support, which can bolster shareholder returns and sentiment over time. Buyback and analyst commentary
• Neutral Sentiment: Mixed media and pundit views — high-profile commentators like Jim Cramer show a split of opinion (some urging buyers to hold, others cautious), creating volatility as retail and institutional flows respond to differing narratives. Jim Cramer opinion split
• Negative Sentiment: Sector-wide panic after ServiceNow’s weak guidance: enterprise software peers warned/ cut estimates, triggering broad multiple compression and heavy selling in CRM and cloud names — a primary driver of today’s downward pressure on CRM. Sector panic coverage
• Negative Sentiment: Analyst trim: Piper Sandler and others have reduced price targets citing rising AI competition in enterprise software, which increases near-term downside risk from multiple resets. PT reduced as AI competition flagged
• Negative Sentiment: Hedge-fund and activist assessments: recent internal reviews and investor notes (e.g., Montaka) highlighting execution and AI exposure concerns add selling pressure as investors reassess growth vs. competition risks. Montaka assessment

Insider Transactions at Salesforce

In other Salesforce news, Director Laura Alber bought 2,571 shares of the stock in a transaction on Thursday, March 19th. The stock was acquired at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the completion of the acquisition, the director owned 9,530 shares in the company, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director David Blair Kirk purchased 2,570 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were acquired at an average price of $194.62 per share, for a total transaction of $500,173.40. Following the completion of the acquisition, the director directly owned 13,689 shares in the company, valued at approximately $2,664,153.18. This represents a 23.11% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Mizuho reduced their price objective on Salesforce from $280.00 to $265.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley cut their price target on Salesforce from $398.00 to $287.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Wall Street Zen cut Salesforce from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Wells Fargo & Company dropped their price objective on shares of Salesforce from $235.00 to $210.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Salesforce in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $279.18.

Salesforce Price Performance

Salesforce stock opened at $173.33 on Friday. The stock’s 50 day moving average is $187.44 and its 200 day moving average is $222.64. Salesforce Inc. has a one year low of $163.52 and a one year high of $296.05. The firm has a market cap of $141.82 billion, a P/E ratio of 22.19, a P/E/G ratio of 1.38 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76.

Salesforce (NYSE:CRM) last released its earnings results on Wednesday, February 25th. The CRM provider reported $3.81 earnings per share for the quarter, beating analysts’ consensus estimates of $3.05 by $0.76. The business had revenue of $11.20 billion during the quarter, compared to the consensus estimate of $11.18 billion. Salesforce had a net margin of 17.96% and a return on equity of 15.38%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 EPS. 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, research analysts expect that Salesforce Inc. will post 9.71 EPS for the current year.

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

Salesforce Increases Dividend

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

Salesforce Company 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.