Insider Purchases: Inside the Buy

Salesforce (CRM): Insider Buys, AI Clouds, and Customer Armies — Should You Join the Ride?

December 11, 2025

🔄 UPDATE: Salesforce (CRM) — Insider Double-Down, Record Earnings, Wall Street Cheers

NYSE: CRM • $264.20 (+1.22%)
As of Dec 11, 2025, 5:36 AM EST

FUNstock Index: 8.8 / 10 🎯

Salesforce just delivered a neat bullish trifecta:
1️⃣ A major insider buy (the kind with real zeros)
2️⃣ A record-crushing earnings report
3️⃣ Analysts raising eyebrows and price targets

Let’s funalize. 🥳☁️🤖

🔔 1. INSIDER BUY #2 — “The Morfit Moves”

Mason Morfit — Director since March 2023 and one of Salesforce’s most influential shareholders, currently serves as Co-CEO and Chief Investment Officer of ValueAct Capital, the San Francisco-based investment firm with >$10 billion in assets under management — just bought 96,000 more shares of CRM at $260.58, a $25 MILLION confidence checkmark ✔️ straight into Benioff’s cloud kingdom.

Value: +$25,015,680
Ownership boost: +3%
Message to markets: “Still bullish. Still buying. Still Morfit.”

This is no symbolic insider nibble. This is a whale saying:
👉 “Yes, I’ll take more CRM at $260. Thanks.”

When BOTH Kirk (your GPU Jedi) and Morfit (your capital-allocation Jedi) are buying…
The Force is very strong with this one. 🌌💫

📢 2. EARNINGS: Salesforce Just Posted a “Show Me the AI-Money” Quarter

Direct from Salesforce HQ:

“Agentforce & Data 360 ARR surged to nearly $1.4B, up 114% YoY.
Agentforce processed more than 3.2 trillion tokens.
cRPO is up 11% YoY — a powerful pipeline of future revenue.”
—Marc Benioff, CEO, Chief Cloud Enthusiast & Part-Time Mystic

Highlights (Q3 FY26):

Revenue: $10.3B (+9% YoY)
Subscription & Support: $9.7B (+10% YoY)
cRPO: $29.4B (+11% YoY)
Operating Cash Flow: $2.3B (+17% YoY)
Returned to shareholders: $4.2B
Agentforce paid deals: 9,500+
Tokens processed: 3.2 trillion (your AI therapist could never)

Raised full-year guidance? YES.
Raised revenue outlook? YES.
Raised eyebrows on Wall Street? Oh yes. 👀

📈 3. Analysts: “We Still Like This Stock… a Lot.”

Morgan Stanley:

Rating: Overweight
Price Target: $398
(Yes, that’s almost +50% upside from today’s price.)

Consensus across Wall Street:
Moderate Buy / Outperform
with average 12-mo targets around $325–330.

Translation:
“This cloud still has altitude.” ☁️✈️

⚡ Why This All Reinforces the Bull Case

🧠 AI isn’t a buzzword — it’s real money now.
💵 Insiders & activists are buying (not selling).
🚀 Agentforce is scaling like early-days GPU adoption.
💰 Free cash flow is up. Margins are strong. Buybacks are massive.
📈 CRM is still 30% below its highs — but executing better than ever.

This is one of those rare moments where fundamentals, insiders, and analysts all rhyme. 🎶

⚡️ Quick Take / TL;DR (Funalized)

🧨 Insiders doubling down: Morfit adds $25M to his CRM stash.
📈 Earnings beat: Strong revenue, strong cash flow, sky-high AI adoption.
🧠 AI engine roaring: Agentforce + Data 360 ARR → $1.4B (+114% YoY).
💵 Shareholder love: $4.2B returned this quarter alone.
🎯 Analysts bullish: Targets $325–$398.
⚡ Cloud still has juice: Fundamentals + AI + insider buys = tailwinds.

🙋♂️ FAQ — Salesforce (CRM)

Is Salesforce still a growth company?

Not hypergrowth, but AI is reopening the throttle — 114% ARR growth is no joke.

Why are insiders buying?

Because they believe CRM is undervalued today versus its long-term AI-fueled potential.

How risky is CRM?

Moderate: competition is fierce (Microsoft, Oracle, SAP), and integration takes time. But cash flow + AI adoption lowers the downside.

Is CRM expensive?

Fairly priced for a profitable AI-leveraged SaaS giant. Not a bargain bin, but not a Gucci-price-tag either.

Could CRM retest its highs?

If AI adoption keeps compounding and margins hold? Absolutely possible.

🎯 Bottom Line

Salesforce isn’t the hypergrowth startup of the 2010s — it’s now a cash-printing AI platform with insider conviction, record revenue visibility, and a product stack Wall Street increasingly respects.

You don’t need a crystal ball — just follow the insiders… they’re already pointing up. 📡😄

🎯 Our Original Take

Ticker: CRM 🚀
Price (Sep 10, 2025, 4:10 PM ET): $242.57 📉 (-3.77%)
Insider Trigger: David Blair Kirk, Director, just scooped up 3,400 shares at $254.66 — a cool +$865,827 bet on the future of Salesforce. When insiders buy, investors notice.

🛒 Insider Confidence: When Directors Shop Like Whales

David Blair Kirk boosted his Salesforce holdings by 69% in one swoop. That’s not a “rounding error” buy — it’s a conviction signal. 👀

Think about it: insiders have the best view of a company’s gears turning behind the glossy marketing slides. When they open their wallets, it usually means they believe the stock is undervalued or poised for takeoff.

And Kirk isn’t alone. Wall Street institutions own 83%+ of Salesforce’s shares, with big guns like Vanguard (88.8M shares) and BlackRock (81.6M shares) at the table. When both insiders and institutions align? That’s like Batman and Superman agreeing on dinner. 🦸♂️🦸♀️

For Salesforce (CRM)'s Institutional Ownership breakdown, 🔍 see here

🎉👨💻 Salesforce Levels Up With a GPU Guru

Salesforce just hired a legend of computing — David B. Kirk, ex–NVIDIA chief scientist and parallel-processing wizard.

🔹 Superpowers unlocked:

🧠 AI brainpower (parallel computing + neural systems = Salesforce flexing hard)
🎮 Gaming cred (nearly 100 patents in graphics + parallel computing — basically the cheat codes for modern GPUs)
🚀 Innovation cred (National Academy of Engineering, SIGGRAPH award, Caltech star alumnus)

🔹 Why it matters for Salesforce investors:
This isn’t just a new board member — it’s like adding a graphics card upgrade to your CRM. Expect Salesforce to:

⚡ Accelerate AI and robotics vision
🌐 Push harder into parallel processing for enterprise scale
🤝 Attract top-tier AI talent and investors who follow Kirk’s reputation

In short: Salesforce just went from cloud ☁️ to supercloud ⚡☁️.

💰 Salesforce by the Numbers: Still Cloud Nine

Salesforce reported another record-breaking quarter:

Revenue: $10.2B (+10% YoY) 🌩️
Subscription & Support: $9.7B (+11% YoY)
Operating Margin: 22.8% GAAP | 34.3% non-GAAP ⚖️
Cash Returned to Shareholders: $2.6B (via buybacks + dividends) 💵
Raised Buyback Program: now authorized for a jaw-dropping $50B 🔥

Marc Benioff (CEO & part-time cloud philosopher) bragged:

“Our customers — like Pfizer, Marriott, and even the U.S. Army — are becoming agentic enterprises, where humans and AI agents work side by side.”

Translation: Salesforce is strapping AI rockets onto its already massive CRM jet. ✈️🤖

🤖 Agentforce, Data Cloud & AI: Buzzwords That Actually Make Money

Buzzwords don’t pay bills… unless they do. Salesforce’s Data Cloud + AI ARR is now $1.2B, up 120% YoY. That’s no longer “cute pilot program” money.

Highlights:

12,500+ deals closed with Agentforce (6,000+ paid).
60+ million-dollar deals in Q2 included both Data Cloud + AI.
Service + Platform were in every Top 10 deal.
Agentforce handled 1.4M requests on Salesforce’s help site.

For context: That’s like ChatGPT’s distant corporate cousin handling your customer complaints while you sip piña coladas. 🍹

📊 Guidance: Still Growing, But Not a Rocketship

Q3 FY26 Revenue Guidance: $10.24B–$10.29B (+8–9% YoY).
FY26 Full-Year Revenue: $41.1B–$41.3B (+9% YoY).
Operating Cash Flow Growth: +12–13%.
Non-GAAP Operating Margin: 34.1%.

Not hypergrowth like Palantir, but still strong, steady, and highly profitable.

👉 Want the full picture? Dive into Salesforce (CRM)'s financials here.

💵 Valuation: From Sky-High to Reasonably Earthbound

Let’s break down CRM’s market stats:

Market Cap: $230.9B
Forward P/E: 21.37 ✅ (reasonable for quality SaaS stock)
PEG (5yr expected): 1.28 ⚖️ (growth-adjusted, fair)
Price/Sales: 5.94 (cheaper than a year ago, but not “garage sale” cheap)
Shares still -30% below ATH of $369 (Dec 2024).

Think of it this way: Salesforce is like a 3-star Michelin meal now served at 2-star prices. Still pricey, but hey, relative bargain. 🍽️

🎯 Positives in Play

Steady Growth: Subscription & Support revenue is sticky like superglue.
AI Tailwinds: Data Cloud + Agentforce are moving the needle — not just hype.
Shareholder Returns: Dividends + massive $50B buyback. 🤑
Institutions + Insiders: Both betting on Salesforce’s next act.

⚠️ Risks You Can’t Ignore

Growth Deceleration: CRM isn’t sprinting like it did a decade ago. Can it reboot its top line?
Integration Headaches: Slack & Informatica acquisitions still need to prove synergy.
Competitive Cloud Jungle: Microsoft, Oracle, SAP, and younger AI-native startups are circling. 🦈
Valuation: Reasonable, yes. Dirt cheap? Nope.

💡💡💡 Curious about another deep oil exploration play?
Check our takes on UnitedHealth Group or even Oscar Health.

📉 The Short-Term Mood vs Long-Term View

Short-term momentum: still pointing downward. Bears are sniffing around, but how much lower can the stock go? Insider buy signals value.
Long-term setup: With insiders buying, institutions heavy in, AI products scaling, and buybacks raining down — this looks like a stock that will eventually recover altitude. And don’t forget: a major growth rerating is always on the table (just look at Oracle’s 9/10/2025 rocket ride)! 🚀

🏁 Bottom Line

CRM isn’t the rocketship it once was, but it’s still a cloud fortress with AI engines strapped on. If you’re patient, Salesforce might just storm back toward its $369 highs.

Question: Do you want to ride the storm with Benioff’s AI army, or wait it out on the sidelines?

🧾⚠️📢 Disclaimer: 🧾⚠️📢

We like clouds and storms (especially when they rain cash 💵), but investing in Salesforce may still get bumpy. 🎢

Always DYOR, hold the FOMO, and don’t invest what you can’t afford to lose.

We laugh, we analyze, we meme. We sell jokes and opinions — and yes, we’re billing your sense of humor. 🎪💸
We’re not financial advisors. We’re FUNancial advisors.

Invest at your own risk.

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