Coastline Trust Co Has $371,000 Position in Salesforce Inc. $CRM

Coastline Trust Co cut its stake in Salesforce Inc. (NYSE:CRM) by 78.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,399 shares of the CRM provider’s stock after selling 5,132 shares during the period. Coastline Trust Co’s holdings in Salesforce were worth $371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. GoalVest Advisory LLC boosted its holdings in shares of Salesforce by 22.6% during the 4th quarter. GoalVest Advisory LLC now owns 918 shares of the CRM provider’s stock worth $243,000 after buying an additional 169 shares during the period. Miller Global Investments LLC bought a new position in Salesforce in the 4th quarter valued at about $340,000. CGN Advisors LLC raised its holdings in Salesforce by 11.0% in the 4th quarter. CGN Advisors LLC now owns 14,329 shares of the CRM provider’s stock valued at $3,796,000 after acquiring an additional 1,418 shares during the period. GK Wealth Management LLC lifted its position in Salesforce by 73.4% during the fourth quarter. GK Wealth Management LLC now owns 1,942 shares of the CRM provider’s stock worth $515,000 after acquiring an additional 822 shares during the last quarter. Finally, Grant Private Wealth Management Inc lifted its position in Salesforce by 6.3% during the fourth quarter. Grant Private Wealth Management Inc now owns 6,538 shares of the CRM provider’s stock worth $1,732,000 after acquiring an additional 387 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Board-level buyback signal — Coverage highlights a record-sized repurchase program (previously reported at ~$50B at the board level), which investors interpret as management saying the shares are undervalued and that EPS should be supported as shares are retired. Salesforce (CRM) Valuation Check As Record US$50b Buyback Signals Confidence In Long-Term Growth
• Positive Sentiment: Insider buying by directors — Two directors (including Laura Alber) recently bought ~2,570 shares each at ~\$194.6, which often reads as management putting personal capital behind the stock. Insider Buying: Salesforce (NYSE:CRM) Director Buys 2,571 Shares of Stock
• Positive Sentiment: AI/product narrative remains supportive — Coverage of Salesforce’s agentic AI and Data Cloud pushes reinforces the growth thesis if bookings and enterprise adoption accelerate. Salesforce (NYSE:CRM) Expands AI Strategy As Dow Jones Industrials Average Reacts
• Neutral Sentiment: Execution/architecture critique — Analysts and commentary (e.g., Seeking Alpha) argue AI itself isn’t the core problem but that Salesforce’s architecture and integration/execution could limit how quickly AI features translate to sustainable revenue growth. Salesforce: AI Is Not The Problem, Architecture Is
• Negative Sentiment: Debt-funded buyback raises leverage concerns — CNBC reports Salesforce issued \$25B of debt to fund buybacks; that increases financial leverage and raises questions about prioritizing buybacks over organic reinvestment. Salesforce issues $25 billion in debt to buy back stock. Should we be concerned?
• Negative Sentiment: Buyback prompts scepticism about growth allocation — Coverage (e.g., 247WallStreet) questions whether heavy buybacks mask weaker organic growth opportunities and could cap upside if sales momentum stalls. A $50 Billion Buyback Is Raising Questions About Salesforce’s Growth Story
• Negative Sentiment: Analyst target trims — Several firms pared price targets after earnings/guidance, keeping sell-side sentiment mixed and possibly limiting near-term upside. MarketBeat: Salesforce company summary & earnings

Insider Transactions at Salesforce

In other news, Director Neelie Kroes sold 3,893 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $238.70, for a total value of $929,259.10. Following the transaction, the director owned 7,299 shares in the company, valued at approximately $1,742,271.30. The trade was a 34.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laura Alber acquired 2,571 shares of Salesforce stock in a transaction dated Thursday, March 19th. The stock was purchased at an average cost of $194.58 per share, for a total transaction of $500,265.18. Following the completion of the purchase, the director owned 9,530 shares in the company, valued at approximately $1,854,347.40. The trade was a 36.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.00% of the company’s stock.

Salesforce Stock Performance

NYSE CRM opened at $195.14 on Friday. The company has a market capitalization of $180.12 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.42 and a beta of 1.29. Salesforce Inc. has a twelve month low of $174.57 and a twelve month high of $296.05. The stock has a fifty day simple moving average of $203.92 and a 200 day simple moving average of $233.18. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18.

Salesforce (NYSE:CRM) last released its quarterly earnings results on Wednesday, February 25th. The CRM provider reported $3.81 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.76. The firm had revenue of $11.20 billion for the quarter, compared to analyst estimates of $11.18 billion. Salesforce had a return on equity of 15.38% and a net margin of 17.96%.The business’s revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company 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. Sell-side analysts expect that Salesforce Inc. will post 7.46 EPS for the current year.

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

Salesforce Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Thursday, April 9th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, April 9th. This is a positive change from Salesforce’s previous quarterly dividend of $0.42. Salesforce’s dividend payout ratio (DPR) is 22.54%.

Analysts Set New Price Targets

Several equities analysts have recently commented on CRM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Salesforce in a research report on Monday, December 29th. Mizuho dropped their price target on Salesforce from $280.00 to $265.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Piper Sandler restated an “overweight” rating and issued a $250.00 price target (down from $280.00) on shares of Salesforce in a research note on Thursday, February 26th. Oppenheimer decreased their price objective on Salesforce from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Finally, KeyCorp lowered their price objective on Salesforce from $400.00 to $300.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $280.21.

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.