Foster Group 13F: New $217K Stake in Salesforce (CRM)
Foster Group disclosed a new stake in Salesforce, Inc. in a recent regulatory filing.
Reviewed by automated data checks against the source filing. How we make and check alerts
Foster Group opened a new position of 944 shares in Salesforce, Inc. ($CRM), according to a 13F filing with the SEC dated October 13, 2026. It reported 944 shares worth $216,716 at the end of the quarter.
Since the filing, $CRM is up 1.1% to date (from the $238.01 close on Oct 13, 2026).
CRM
Salesforce, Inc.
Key Points
- Foster Group opened a new position in Salesforce, Inc. by acquiring 944 shares worth $216,716.
- Salesforce trades recently around $240.17, sitting above both its 50-day and 200-day moving averages.
- Company insiders recently completed open-market transactions, including director share sales and purchases.
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Foster Group opened a new position in Salesforce, Inc. (NYSE: CRM), purchasing 944 shares of the enterprise software provider. The investment carried a reported value of $216,716 according to a Form 13F filing filed with the SEC on October 13, 2026. Because 13F filings look backward at holdings from the previous quarter, this update shows institutional positioning at that time and may not reflect current holdings today.
Foster Group vs. the S&P 500
Hypothetical returns from Foster Group's disclosed trades, not real profit or advice. How we model this.
Inside Foster Group's Salesforce Trade
Foster Group established its stake from scratch during the period, adding 944 shares to its portfolio. The new holding represents a fresh bet on the customer relationship management software provider.
Other Institutional Activity in Salesforce, Inc.
Blackrock Inc. reduced its holdings by 6,940,990 shares, ending with 72,748,909 shares worth about $17,510,662,174. Vanguard Capital Management LLC cut its stake by 7,268,365 shares to hold 52,065,228 shares valued at $12,532,100,220. State Street Corporation lowered its position by 4,082,604 shares, leaving it with 44,869,478 shares worth $10,800,083,217. Morgan Stanley sold 8,365,972 shares during the period, finishing with 23,311,316 shares valued at $5,611,033,690. Geode Capital Management, LLC trimmed its holdings by 2,411,499 shares to hold 19,814,297 shares worth $4,769,301,227.
Salesforce, Inc. Stock Up 1.8%
Salesforce shares recently traded around $240.17 as of October 16, 2026. The stock sits above its 50-day moving average of $229.04 and its 200-day moving average of $199.18.
Recent Earnings
Salesforce reported trailing twelve-month revenue of $43,938,000,896 and earnings of $10.84 per share. The company posted a net profit margin of 22.0% and a return on equity of 19.4%.
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 yielding 0.71% backed by a dividend payout ratio of 15.7%.
Insider Buying and Selling at Salesforce, Inc.
Company insiders have been active in the open market recently. Director Craig Conway sold 4,500 shares on September 4, 2026, in a transaction valued at $1,172,746. Later, on September 18, 2026, director David Blair Kirk purchased 4,176 shares at a price of $239.33 per share, for a total value of $999,451.
Analysts Set New Price Targets
Freedom Broker maintained a buy rating on September 17, 2026, raising its target to $295.00. Citizens reiterated its market outperform rating with a $315.00 target on September 18, 2026. Stephens & Co. kept an equal-weight rating and a $289.00 target on September 18, 2026. Wells Fargo maintained an equal-weight rating while lifting its target to $250.00 on September 18, 2026. B of A Securities upgraded the stock to buy with a $285.00 target on October 12, 2026.
About Salesforce, Inc.
Headquartered in San Francisco, California, Salesforce provides enterprise cloud software that helps businesses manage customer relationships and connect with clients globally.
Bottom Line
Investors will look toward the upcoming earnings report on December 2, 2026, for further insight into company performance. Future regulatory filings will show whether institutional funds like Foster Group adjust their stakes further.
Related Filing Alerts
Source: Foster Group's 13F filing on $CRM (Oct 13, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Foster Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts