Brown Advisory Inc. Has $35.87 Million Stake in Salesforce Inc. $CRM

Brown Advisory Inc. trimmed its stake in shares of Salesforce Inc. (NYSE:CRM) by 3.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 135,398 shares of the CRM provider’s stock after selling 4,590 shares during the period. Brown Advisory Inc.’s holdings in Salesforce were worth $35,868,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Salesforce by 13.7% in the fourth quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the period. Revolve Wealth Partners LLC raised its holdings in Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after purchasing an additional 205 shares during the period. Bison Wealth LLC raised its holdings in Salesforce by 9.0% in the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after purchasing an additional 184 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Salesforce by 3.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after purchasing an additional 106 shares in the last quarter. Finally, United Bank grew its position in shares of Salesforce by 5.2% in the 2nd quarter. United Bank now owns 10,198 shares of the CRM provider’s stock valued at $2,781,000 after purchasing an additional 500 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce’s acquisition of Fin should strengthen its AI agent offerings and expand its ability to automate customer service across chat, email, WhatsApp, SMS, voice, and Slack, which could improve long-term growth prospects. Reuters: Salesforce to buy Fin for about $3.6 billion
• Positive Sentiment: Analysts said the Fin deal reinforces Salesforce’s AI strategy and may ease concerns about slowing software demand by giving CRM a stronger product story in autonomous customer support. Yahoo Finance: Salesforce’s $3.6 Billion Fin Acquisition Strengthens AI Strategy, Wedbush Says
• Positive Sentiment: Salesforce’s latest results showed 13% year-over-year revenue growth to $11.1 billion and margin expansion, while management remains upbeat about faster second-half growth driven by Agentforce adoption and AI integration. Seeking Alpha: Salesforce Is Consuming Everything Between AI And Itself
• Neutral Sentiment: Several market commentary pieces and analyst comparisons highlighted CRM as relatively attractive versus peers on valuation and AI momentum, but these are more supportive context than immediate catalysts. Zacks: ServiceNow vs. Salesforce
• Negative Sentiment: Salesforce remains below key moving averages and has recently been trading near its 12-month low, showing that investors are still weighing execution risk and broader skepticism about software growth. Seeking Alpha: Salesforce: A New Breakdown Point Could Be Coming Fast

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of Salesforce in a research report on Monday. Truist Financial set a $280.00 price objective on shares of Salesforce in a research report on Thursday, February 26th. JPMorgan Chase & Co. cut their price objective on shares of Salesforce from $365.00 to $320.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Daiwa Securities Group cut their price objective on shares of Salesforce from $295.00 to $280.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Finally, Piper Sandler cut shares of Salesforce from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.26.

Insider Transactions at Salesforce

In other Salesforce news, Director Laura Alber acquired 2,571 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was purchased at an average price of $194.58 per share, with a total value of $500,265.18. Following the acquisition, the director directly owned 9,530 shares of the company’s stock, valued at approximately $1,854,347.40. This trade represents a 36.94% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Blair Kirk purchased 2,570 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were purchased at an average cost of $194.62 per share, with a total value of $500,173.40. Following the acquisition, the director owned 13,689 shares in the company, valued at $2,664,153.18. This trade represents a 23.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.50% of the company’s stock.

Salesforce Stock Down 0.9%

Salesforce stock opened at $164.45 on Tuesday. The firm has a market capitalization of $134.69 billion, a PE ratio of 19.03, a P/E/G ratio of 1.03 and a beta of 1.16. The company’s 50-day moving average is $179.65 and its 200-day moving average is $206.26. Salesforce Inc. has a fifty-two week low of $161.40 and a fifty-two week high of $276.80. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.79 and a quick ratio of 0.79.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, May 27th. The CRM provider reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.13 by $0.75. The company had revenue of $11.13 billion for the quarter, compared to analyst estimates of $11.05 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. Salesforce’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.58 EPS. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS. Sell-side analysts anticipate that Salesforce Inc. will post 10.29 earnings per share for the current year.

Salesforce Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 1.1%. Salesforce’s payout ratio is currently 20.37%.

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

About Salesforce

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.