<a href="https://bitcomme.com/salesforce-ceo-benioff-says-apps-are-not-dying-as-ai-drives-crm-usage-agentforce-growth/” title=”Salesforce CEO Benioff Says ‘Apps Are Not Dying’ As AI Drives CRM Usage, Agentforce Growth”>Salesforce, Inc. $CRM reported second-quarter fiscal 2027 revenue of $11.3 billion, up 10.8% from a year earlier and slightly below the $11.4 billion estimate. Gross profit rose to $8.7 billion, while operating profit was essentially flat at $2.3 billion.
Profitability improved sharply at the bottom line, with net income attributable to common shareholders climbing to $3.5 billion and diluted earnings per share reaching $4.29, well above the prior year. Cash from operating activities also strengthened to $1.3 billion, reflecting healthier cash generation in the quarter.
Key highlights from the release:
Salesforce ended the period with $8.3 billion in cash and cash equivalents. The stock rose 12.56% after the market close following the report.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Salesforce, Inc. Insider Trading Activity
Salesforce, Inc. insiders have traded $CRM stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CRM stock by insiders over the last 6 months:
- LAURA ALBER has made 2 purchases buying 2,571 shares for an estimated $500,266 and 0 sales.
- DAVID BLAIR KIRK purchased 2,570 shares for an estimated $500,178
To track insider transactions, check out Quiver Quantitative’s insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Salesforce, Inc. Hedge Fund Activity
We have seen 1,019 institutional investors add shares of Salesforce, Inc. stock to their portfolio, and 2,029 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 10,440,961 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,635,680,950
- MORGAN STANLEY removed 8,364,287 shares (-26.4%) from their portfolio in Q2 2026, for an estimated $1,310,349,201
- CAPITAL WORLD INVESTORS removed 8,024,160 shares (-48.0%) from their portfolio in Q2 2026, for an estimated $1,257,064,905
- BLACKROCK, INC. removed 6,942,275 shares (-8.7%) from their portfolio in Q2 2026, for an estimated $1,087,576,801
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 6,600,642 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,034,056,575
- ALYESKA INVESTMENT GROUP, L.P. added 4,662,005 shares (+inf%) to their portfolio in Q2 2026, for an estimated $730,349,703
- CAPITAL INTERNATIONAL INVESTORS removed 4,472,425 shares (-35.4%) from their portfolio in Q2 2026, for an estimated $700,650,100
To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Salesforce, Inc. Congressional Stock Trading
Members of Congress have traded $CRM stock 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $CRM stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARIA ELVIRA SALAZAR has traded it 2 times. They made 2 purchases worth up to $100,000 on 06/02, 04/06 and 0 sales.
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
- REPRESENTATIVE DAVID TAYLOR has traded it 2 times. They made 0 purchases and 2 sales worth up to $65,000 on 02/26.
To track congressional stock trading, check out Quiver Quantitative’s congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Salesforce, Inc. Price Targets
Multiple analysts have issued price targets for $CRM recently. We have seen 21 analysts offer price targets for $CRM in the last 6 months, with a median target of $228.0.
- John Difucci from Guggenheim set a target price of $228.0 on 07/01/2026
- David Hynes from Canaccord Genuity set a target price of $225.0 on 06/16/2026
- Scott Berg from Needham set a target price of $400.0 on 06/16/2026
- Derrick Wood from TD Cowen set a target price of $240.0 on 05/28/2026
- Tyler Radke from Citigroup set a target price of $187.0 on 05/28/2026
- Mark Moerdler from Bernstein set a target price of $173.0 on 05/28/2026
- Patrick Walravens from Citizens set a target price of $315.0 on 05/28/2026
