CRM
Another big wallet says “I’ll take more”
Mirae Asset Global Investments quietly added to its Salesforce position in the fourth quarter, buying 10,690 shares and lifting its stake to 250,662 shares. In dollar terms, that’s about $66.4 million worth of CRM — not exactly couch-cushion change.
Why you should care
This kind of filing doesn’t usually move the stock by itself. But when a large institution keeps leaning into a name like Salesforce, it can reinforce the idea that the market isn’t the only one seeing value here.
And Salesforce has been giving investors plenty to chew on lately:
- It beat Q4 EPS estimates, posting $3.81 versus $3.05 expected
- Revenue came in at $11.2 billion, up 12.1% year over year
- Management set FY2027 EPS guidance at 13.110–13.190
- The board raised the quarterly dividend to $0.44
- It also authorized up to $25 billion in share repurchases
The bigger picture
So yes, this is a classic institutional-ownership story — not a blockbuster headline, but a useful clue about how professional money is positioning itself around CRM. Big picture: when the earnings report is strong and the buyback machine is humming, some funds decide the safest move is to sit closer to the fire, not farther away.