HBW Advisory Services LLC cut its position in shares of Salesforce Inc. (NYSE:CRM – Free Report) by 18.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,293 shares of the CRM provider’s stock after selling 2,506 shares during the quarter. HBW Advisory Services LLC’s holdings in Salesforce were worth $2,592,000 at the end of the most recent quarter.
- Salesforce Just Got a Rare Double Upgrade—What Changed?
A number of other large investors have also made changes to their positions in CRM. Fluent Financial LLC acquired a new stake in shares of Salesforce during the second quarter worth approximately $2,265,000. TAM Capital Management Inc. bought a new position in Salesforce during the first quarter valued at about $40,945,000. Secured Retirement Advisors LLC bought a new position in shares of Salesforce in the 1st quarter valued at approximately $1,004,000. Janus Henderson Group PLC lifted its stake in shares of Salesforce by 2.5% in the first quarter. Janus Henderson Group PLC now owns 127,739 shares of the CRM provider’s stock worth $23,846,000 after buying an additional 3,125 shares during the last quarter. Finally, Independent Franchise Partners LLP bought a new stake in Salesforce during the fourth quarter valued at about $142,521,000. Institutional investors and hedge funds own 80.43% of the company’s stock.
Salesforce News Summary
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment:Analyst upgrade and AI acquisition support sentiment: Bank of America reportedly issued a rare double upgrade, arguing that Salesforce’s AI offerings could deepen customer dependence on its platform. The bullish call followed Salesforce’s agreement to acquire AI-powered analytics platform Loops, which could strengthen its data and analytics capabilities. Salesforce Gets a Rare BofA Double Upgrade
- Positive Sentiment:Technical setup points to additional upside: A weekly bullish reversal, daily double-bottom pattern and potential bullish-flag breakout suggest the post-breakout pullback may be ending, according to technical analysis. Salesforce Price Forecast
- Positive Sentiment:Expanded DocuSign partnership adds an AI workflow catalyst: DocuSign’s Intelligent Agreement Management platform will be integrated natively with Salesforce, Agentforce and Slack, potentially increasing the usefulness of Salesforce’s AI agents for revenue teams. DocuSign and Salesforce Launch Intelligent Agreement Management
- Neutral Sentiment:Relative valuation looks favorable: One comparison with ServiceNow concluded Salesforce has stronger earnings estimate revisions, faster AI growth and a lower valuation, although investors still need evidence that those advantages will translate into sustained growth. Salesforce vs. ServiceNow
- Negative Sentiment:AI monetization remains the key overhang: Despite earnings beats, skeptics question whether agentic AI can materially improve Salesforce’s profits. Reports also highlight AI cannibalization risks and note that many customers have not yet adopted a potentially important upgrade, leaving investors cautious about near-term revenue acceleration. Agentic AI Skepticism
Salesforce Stock Down 0.9%
- Wall Street Left Software for Dead: 4 Stocks Institutions Are Buying Back
Shares of CRM opened at $235.95 on Thursday. The business‘s fifty day moving average price is $229.31 and its two-hundred day moving average price is $194.02. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market capitalization of $194.19 billion, a price-to-earnings ratio of 21.51, a PEG ratio of 1.08 and a beta of 1.26. Salesforce Inc. has a 52 week low of $146.32 and a 52 week high of $269.11.
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