Tulsa Wealth Advisors INC acquired a new stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,602 shares of the CRM provider’s stock, valued at approximately $721,000.
A number of other institutional investors and hedge funds have also bought and sold shares of CRM. Commonwealth Retirement Investments LLC bought a new position in shares of Salesforce in the fourth quarter worth approximately $25,000. Gilpin Wealth Management LLC purchased a new stake in shares of Salesforce during the fourth quarter valued at approximately $26,000. Costello Asset Management INC increased its position in shares of Salesforce by 410.3% during the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after acquiring an additional 119 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in shares of Salesforce during the fourth quarter valued at approximately $28,000. Finally, Swiss RE Ltd. purchased a new position in Salesforce in the 4th quarter worth approximately $28,000. 80.43% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have commented on the company. B. Riley Financial increased their target price on Salesforce from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Truist Financial cut Salesforce from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Macquarie Infrastructure lowered their price target on Salesforce from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, May 28th. HC Wainwright cut Salesforce to a “negative” rating in a research report on Thursday, June 18th. Finally, TD Cowen reiterated a “buy” rating on shares of Salesforce in a report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $249.05.
Ad Porter & Company
A letter from Shannon Stansberry
Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns – only one down year in nearly two decades and total gains of almost 2,000% – his immediate reaction was disbelief.nnIt took a trusted friend’s personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.
Watch the full story and see the verified track record for yourself
