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Salesforce (NYSE:CRM), a prominent player in the software industry with a market capitalization of $231.23 billion, saw Director Kirk David Blair recently purchase 3,400 shares of common stock at a price of $254.655 on September 9th, 2025. The total value of this transaction amounted to $865,827. According to InvestingPro analysis, the company maintains impressive financial health with a perfect Piotroski Score of 9.
According to a Form 4 filing with the Securities and Exchange Commission, Blair acquired the shares. Following this transaction, Blair directly owns 3,824 shares of Salesforce. With the stock currently trading at $242.57, InvestingPro analysis suggests the company is currently undervalued, with 10+ additional exclusive insights available to subscribers.
On September 10, 2025, Blair also was the recipient of a gift of 4,278 shares and also gifted 4,278 shares from a trust. Discover comprehensive analysis and detailed valuation metrics for Salesforce and 1,400+ other stocks through InvestingPro’s exclusive Research Reports.
In other recent news, Salesforce reported strong second-quarter performance, surpassing expectations across key metrics. The company highlighted significant growth in its Data Cloud and AI offerings, which achieved over $1.2 billion in annual recurring revenue, marking a 120% year-over-year increase. Despite these robust results, Salesforce maintained its fiscal year 2026 constant currency subscription revenue growth guidance at around 9%.
Several firms adjusted their price targets for Salesforce. RBC Capital lowered its target to $250, citing a mixed outlook, while CFRA reduced its target to $300, pointing to valuation concerns. Piper Sandler also decreased its target to $315 due to foreign exchange and licensing factors, yet maintained an Overweight rating. Meanwhile, BNP Paribas Exane reiterated an Outperform rating, noting an increase in Agentforce customers from 4,000 to 6,000. TD Cowen maintained its Buy rating with a $335 target, despite the stock’s decline in after-hours trading.
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