Lombard Odier Asset Management Switzerland SA Buys 16,700 Shares of Salesforce Inc. $CRM

by · The Markets Daily

Lombard Odier Asset Management Switzerland SA increased its stake in Salesforce Inc. (NYSE:CRM – Free Report) by 46.3% in the 4th quarter, Holdings Channel reports. The fund owned 52,750 shares of the CRM provider’s stock after buying an additional 16,700 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Salesforce were worth $13,974,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. J. Stern & Co. LLP boosted its stake in shares of Salesforce by 24,056.7% in the 4th quarter. J. Stern & Co. LLP now owns 47,385,511 shares of the CRM provider’s stock valued at $12,552,896,000 after purchasing an additional 47,189,352 shares in the last quarter. Atom Investors LP boosted its position in Salesforce by 75.0% during the 4th quarter. Atom Investors LP now owns 52,870 shares of the CRM provider’s stock valued at $14,006,000 after buying an additional 22,655 shares during the period. Guardian Wealth Advisors LLC NC boosted its position in Salesforce by 6.3% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 4,652 shares of the CRM provider’s stock valued at $1,232,000 after buying an additional 275 shares during the period. Clark Capital Management Group Inc. boosted its position in Salesforce by 1,154.5% during the 4th quarter. Clark Capital Management Group Inc. now owns 230,907 shares of the CRM provider’s stock valued at $61,169,000 after buying an additional 212,501 shares during the period. Finally, Crawford Investment Counsel Inc. boosted its position in Salesforce by 26.2% during the 4th quarter. Crawford Investment Counsel Inc. now owns 79,296 shares of the CRM provider’s stock valued at $21,006,000 after buying an additional 16,443 shares during the period. 80.43% of the stock is currently owned by institutional investors.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: Salesforce is deepening its push into agentic AI by acquiring Fin, an AI customer-service platform that handles queries across chat, email, WhatsApp, SMS, phone and Slack. Investors are viewing the deal as a strategic step that could strengthen Salesforce’s position in the fast-growing AI automation market. Reuters article
  • Positive Sentiment: Analysts at firms including Wedbush, Canaccord Genuity and Needham reaffirmed bullish views, with price targets well above the current share price, suggesting Wall Street sees meaningful upside if Salesforce’s AI strategy gains traction. Benzinga article
  • Positive Sentiment: Commentary around Salesforce’s strong cash generation, rising margins and a $50 billion buyback plan is supporting the investment case by highlighting its ability to fund acquisitions while still returning capital to shareholders. Yahoo Finance article
  • Neutral Sentiment: Wedbush said the Fin purchase shows Salesforce is moving faster than expected to secure the AI agent market, but investors are still waiting to see whether these acquisitions translate into faster revenue growth and better returns. Proactive Investors article
  • Negative Sentiment: Some coverage is focusing on Salesforce’s steep share-price decline over the past year and the concern that its acquisition-heavy strategy has not yet restored investor confidence, keeping pressure on CRM stock. Invezz article

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CRM shares. TD Cowen reissued a “buy” rating on shares of Salesforce in a research report on Friday. Wall Street Zen upgraded Salesforce from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Northland Securities dropped their price objective on Salesforce from $267.00 to $229.00 and set a “market perform” rating for the company in a report on Tuesday, March 10th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 price objective on shares of Salesforce in a report on Thursday, May 28th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $281.00 price objective on shares of Salesforce in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $259.26.

View Our Latest Report on CRM

Insider Activity at Salesforce

In other news, Director Laura Alber bought 2,571 shares of the stock in a transaction dated Thursday, March 19th. The stock was bought at an average price of $194.58 per share, for a total transaction of $500,265.18. Following the purchase, the director directly owned 9,530 shares in the company, valued at $1,854,347.40. This trade represents a 36.94% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.50% of the stock is currently owned by insiders.

Salesforce Trading Down 1.7%

NYSE:CRM opened at $161.74 on Wednesday. The company has a 50-day moving average price of $179.14 and a 200-day moving average price of $205.79. Salesforce Inc. has a 12 month low of $160.50 and a 12 month high of $276.80. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The stock has a market cap of $132.47 billion, a price-to-earnings ratio of 18.72, a P/E/G ratio of 1.02 and a beta of 1.16.

Salesforce (NYSE:CRM – Get Free Report) last released its earnings results on Wednesday, May 27th. The CRM provider reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.13 by $0.75. The company had revenue of $11.13 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Salesforce had a return on equity of 18.72% and a net margin of 18.73%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities analysts predict that Salesforce Inc. will post 10.29 EPS for the current year.

Salesforce Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 11th. Salesforce’s dividend payout ratio (DPR) is presently 20.37%.

Salesforce declared that its Board of Directors has initiated a share repurchase plan on Monday, March 16th that allows the company to buyback $25.00 billion in shares. This buyback authorization allows the CRM provider to repurchase up to 14.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

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.

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.

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