Salesforce Inc. $CRM Shares Sold by State of Alaska Department of Revenue

09 Jan 2026, 14:14 by Michael Walen · The Markets Daily

State of Alaska Department of Revenue cut its holdings in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 4.5% during the third quarter, HoldingsChannel.com reports. The fund owned 102,837 shares of the CRM provider’s stock after selling 4,888 shares during the period. State of Alaska Department of Revenue’s holdings in Salesforce were worth $24,372,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Painted Porch Advisors LLC boosted its holdings in Salesforce by 260.0% in the 2nd quarter. Painted Porch Advisors LLC now owns 90 shares of the CRM provider’s stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of Salesforce during the second quarter worth $27,000. CBIZ Investment Advisory Services LLC grew its stake in shares of Salesforce by 314.8% in the first quarter. CBIZ Investment Advisory Services LLC now owns 112 shares of the CRM provider’s stock valued at $30,000 after buying an additional 85 shares in the last quarter. Christopher J. Hasenberg Inc raised its holdings in shares of Salesforce by 383.3% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 116 shares of the CRM provider’s stock valued at $32,000 after buying an additional 92 shares during the period. Finally, Maseco LLP acquired a new position in Salesforce during the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Salesforce Price Performance

Shares of NYSE CRM opened at $260.54 on Friday. The stock’s 50-day simple moving average is $250.33 and its 200-day simple moving average is $251.70. The firm has a market capitalization of $244.13 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 1.98 and a beta of 1.26. Salesforce Inc. has a fifty-two week low of $221.96 and a fifty-two week high of $367.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.98 and a current ratio of 0.98.

Salesforce (NYSE:CRM – Get Free Report) last posted its earnings results on Wednesday, December 3rd. The CRM provider reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.39. The business had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $10.27 billion. Salesforce had a return on equity of 14.41% and a net margin of 17.91%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.41 earnings per share. Salesforce has set its Q4 2026 guidance at 3.020-3.040 EPS. As a group, equities research analysts forecast that Salesforce Inc. will post 7.46 EPS for the current fiscal year.

Salesforce Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 18th were paid a $0.416 dividend. The ex-dividend date was Thursday, December 18th. This represents a $1.66 annualized dividend and a dividend yield of 0.6%. Salesforce’s dividend payout ratio (DPR) is 22.16%.

Wall Street Analyst Weigh In

Several research firms have weighed in on CRM. Royal Bank Of Canada lifted their target price on Salesforce from $250.00 to $290.00 and gave the company a “sector perform” rating in a research report on Monday. Sanford C. Bernstein reissued an “underperform” rating on shares of Salesforce in a research note on Thursday, December 4th. Arete Research raised shares of Salesforce to a “strong-buy” rating in a research note on Thursday, December 11th. Barclays increased their target price on shares of Salesforce from $316.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Finally, Guggenheim restated a “neutral” rating on shares of Salesforce in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $327.74.

Get Our Latest Stock Analysis on CRM

Insider Transactions at Salesforce

In related news, insider Parker Harris sold 134,662 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $234.70, for a total value of $31,605,171.40. Following the completion of the transaction, the insider directly owned 139,767 shares of the company’s stock, valued at $32,803,314.90. This trade represents a 49.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director G Mason Morfit purchased 96,000 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were purchased at an average cost of $260.58 per share, with a total value of $25,015,680.00. Following the purchase, the director directly owned 2,994,509 shares in the company, valued at approximately $780,309,155.22. The trade was a 3.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 155,034 shares of company stock worth $36,726,584 over the last quarter. Insiders own 3.00% of the company’s stock.

Salesforce Profile

(Free Report)

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.