Capstone Investment Advisors Adds $1M in Salesforce, Inc. ($CRM)
Capstone Investment Advisors increased its stake in Salesforce by 81.1%, now holding 17,149 shares.
Key Points
- Capstone Investment Advisors boosted its Salesforce stake by 81.1%, adding 7,679 shares for a total of 17,149 shares valued at $2.72 million as of the latest 13F filing.
- Salesforce's stock traded near $158.37 on Saturday, with a market cap of $129.7 billion and a P/E ratio of 18.35.
- Insiders like Niles Sabastian and Miguel Milano bought shares, while analysts set varied price targets, including Needham's $400 target.
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Capstone Investment Advisors has significantly increased its investment in Salesforce, Inc. (NYSE:CRM). As of its latest 13F filing with the SEC, the firm added 7,679 shares, boosting its stake by 81.1% to a total of 17,149 shares. This position is valued at approximately $2.72 million.
Capstone Investment Advisors vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Capstone Investment Advisors's Salesforce Position
Capstone Investment Advisors grew its holdings in Salesforce from 9,470 shares to 17,149 shares, marking an 81.1% increase. The additional shares reflect a notable rise in the value of its stake to about $2.72 million.
Other Institutional Activity in Salesforce
Other major institutional investors also made moves in Salesforce. BlackRock, Inc. reduced its holdings by 994,580 shares, ending with 79,691,184 shares valued at about $14.88 billion, a 1.2% decrease. Vanguard Capital Management LLC opened a new position with 59,333,776 shares worth approximately $11.08 billion. State Street Corp cut its stake by 1,126,842 shares, leaving it with 48,953,388 shares valued at $9.14 billion, a 2.3% decrease. Meanwhile, Morgan Stanley added 12,666,457 shares, boosting its holdings by 66.6% to a total of 31,675,603 shares worth about $5.91 billion.
Salesforce, Inc. Stock Down 38.8%
Shares of NYSE:CRM traded near $158.37 on Saturday. Salesforce, Inc. has a market cap of $129.7 billion and a P/E ratio of 18.35. The stock's 52-week range has been between $146.32 and $276.80. Its 50-day moving average stands at $176.25, while the 200-day moving average is $213.92. Salesforce has a beta of 1.151, indicating its volatility relative to the market.
$CRM stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Salesforce reported revenue of $42.83 billion, with a revenue growth of 13.3%. The company achieved a net margin of 18.73% and a return on equity of 16.91%. Its earnings per share (EPS) stood at $8.63. Salesforce's next earnings release is scheduled for September 2, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
12 target cuts vs 0 raises.
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EPS & revenue
EPS beat estimates by 23.2%. Revenue met estimates.
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Profit surprise
EBITDA missed by 35 percent. Operating income missed by 35 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
12 target cuts.
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Earnings quality
Operating margin up 2.0 points. Positive free cash flow.
Earnings Call Summary
Salesforce delivered strong second quarter fiscal 2026 results with $10.25 billion in revenue, up 10 percent year over year. The company highlighted exceptional momentum in Agent Force and Data Cloud, with Data Cloud and AI products generating $1.2 billion in ARR up 120 percent. Net new bookings from deals over $1 million grew 26 percent, and the company closed major deals with Dell, Marriott, and the US Army. Management emphasized that the agentic enterprise transformation is driving customer success, with 40 percent of Agent Force and Data Cloud bookings coming from existing customers expanding their investments.
Guidance Salesforce raised the low end of full-year revenue guidance to approximately $41.1 billion to $41.3 billion, representing about 8.5 to 9 percent growth. The company also raised non-GAAP operating margin guidance by 10 basis points to 34.1 percent and raised operating cash flow growth guidance to 12 to 13 percent. For next quarter, revenue is expected to be $10.24 billion to $10.29 billion, up 8 to 9 percent year over year.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend
Salesforce pays an annual dividend rate of $1.76, yielding 1.11% with a payout ratio of 19.56%.
Insider Buying and Selling at Salesforce, Inc.
On June 22, 2026, several insiders were active in Salesforce's stock. Niles Sabastian, President and CLO, purchased 2,033 shares, while Miguel Milano, President and CRO, also bought 2,541 shares. On the selling side, Robin Washington, President and COFO, sold 908 and 1,831 shares at an average price of $150.12, and Srinivas Tallapragada, Chief Eng/Cust Success Officer, sold 1,664 shares at the same price.
Analysts Set New Price Targets
On June 16, 2026, Needham reiterated a 'buy' rating for Salesforce with a price target of $400. Citigroup, Canaccord Genuity, and several others maintained their ratings on May 28, 2026, with targets ranging from $173 to $240. The consensus among 52 analysts is a 'buy' recommendation, with an average price target of $251.53.
About Salesforce, Inc.
Salesforce, Inc., headquartered in San Francisco, California, specializes in customer relationship management (CRM) technology. The company connects businesses with customers through a suite of products, including AI-powered platforms for sales, service, and marketing. Led by CEO Marc R. Benioff, Salesforce serves industries like financial services, healthcare, manufacturing, and government, employing over 83,000 people globally.
Bottom Line
Capstone Investment Advisors' increased stake in Salesforce reflects confidence in the company's prospects. Investors often watch 13F filings for insights, though these reports are backward-looking and may not represent current positions. Salesforce's strong market presence and diverse product offerings continue to draw attention from institutional investors and analysts alike.
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