Partners Wealth Management LLC bought a new position in shares of Salesforce Inc. (NYSE:CRM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,463 shares of the CRM provider’s stock, valued at approximately $1,027,000.
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Latitude Advisors LLC acquired a new stake in shares of Salesforce in the 3rd quarter valued at approximately $25,000. Costello Asset Management INC grew its holdings in shares of Salesforce by 410.3% during the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after purchasing an additional 119 shares during the last quarter. ABS Investment Management LLC acquired a new position in Salesforce during the 2nd quarter worth approximately $610,974,000. ABS Direct Equity Fund LLC acquired a new position in Salesforce during the 2nd quarter worth approximately $25,000. Finally, Manning & Napier Advisors LLC bought a new position in Salesforce in the 2nd quarter valued at approximately $26,000. Institutional investors own 80.43% of the company’s stock.
Key Salesforce News
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment:Salesforce signed a definitive agreement to acquire Rune Technologies, a defense-technology company. The deal supports Salesforce’s push into military and government applications, potentially expanding its addressable market and adding a specialized technology platform. Financial terms were not disclosed. Salesforce Signs Definitive Agreement to Acquire Rune Technologies
- Positive Sentiment:TPM Holdings completed an 18-month realignment centered on Salesforce CRM and artificial intelligence for the architecture, engineering and construction industries. Its combination of TrebleHook and The Hunley Group could expand Salesforce-based implementations and demonstrate growing demand for industry-specific AI tools. TPM Holdings Accelerates Investment in AI and Salesforce CRM
- Positive Sentiment:Several analyst and investment articles describe Salesforce as a potential AI rebound candidate, citing autonomous AI agents, improving monetization, strong free cash flow and its leadership in customer relationship management. These views may support longer-term sentiment, although they are not new company guidance. AI Comeback Story Article
- Neutral Sentiment:Salesforce’s earnings report is approaching, making upcoming revenue growth, AI adoption, margins and forward guidance the main near-term catalysts. The company’s latest reported quarter included revenue of $11.35 billion and adjusted earnings that exceeded consensus estimates. Salesforce Earnings Preview
- Negative Sentiment:Salesforce declined in sympathy with ServiceNow, Fortinet and other software stocks after investors focused on slower contracted-revenue growth despite earnings beats and higher AI targets. The reaction has renewed concerns about enterprise-software demand, AI monetization timelines and elevated sector valuations. ServiceNow Results Dent Software Stocks
Salesforce Stock Down 1.0%
- Buy the Dip: 4 Stocks the Market Marked Down Too Far Ahead of Big Catalysts
Ad Porter & Company
The investigation Porter spent tens of thousands to document
Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet – and documented everything on film.nnRooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business.
Watch the full investigation and decide for yourself
