Vise Technologies Inc. purchased a new position in Salesforce Inc. (NYSE:CRM – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 32,800 shares of the CRM provider’s stock, valued at approximately $5,138,000.
- The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
A number of other large investors also recently bought and sold shares of CRM. Commonwealth Retirement Investments LLC purchased a new stake in Salesforce in the fourth quarter worth about $25,000. Gilpin Wealth Management LLC purchased a new position in shares of Salesforce during the fourth quarter valued at approximately $26,000. Persistent Asset Partners Ltd bought a new stake in shares of Salesforce in the 2nd quarter worth approximately $27,000. Costello Asset Management INC boosted its position in shares of Salesforce by 410.3% in the 1st quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock worth $28,000 after purchasing an additional 119 shares in the last quarter. Finally, Gables Capital Management Inc. purchased a new stake in shares of Salesforce in the 2nd quarter worth approximately $28,000. 80.43% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Salesforce
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment:Analyst targets imply upside. Guggenheim reaffirmed its “buy” rating with a $228 price target, while Cantor Fitzgerald maintained an “overweight” rating and a $250 target. Cantor expects Salesforce to capture a meaningful share of next-generation agentic workflows. Guggenheim analyst ratingCantor Fitzgerald analyst comments
- Positive Sentiment:Agentforce momentum is a key bullish argument. Salesforce’s Agentforce annual recurring revenue reportedly surged 205% as customer adoption increased, strengthening the case that its AI offering can support growth and deepen customer integration. Agentforce AI analysis
- Positive Sentiment:New product distribution could expand Salesforce’s ecosystem. Agiloft announced Agiloft for Salesforce on Salesforce AgentExchange, while Salesforce is expanding its Headless 360 portfolio. These developments highlight efforts to make its platform more flexible and useful for enterprise AI and workflow applications. Agiloft for Salesforce announcementHeadless 360 expansion
- Neutral Sentiment:Earnings are the immediate test. Salesforce is expected to report fiscal Q2 2027 results on August 26. Investors are looking for evidence that AI adoption is translating into revenue growth and sustainable guidance; recent commentary points to expectations for earnings growth but does not establish a likely beat. Salesforce earnings preview
- Neutral Sentiment:Valuation and strategic positioning remain debated. Some coverage calls CRM a long-term value opportunity, while other analysis <a href="https://bitcomme.com/3-big-questions-to-ask-mom-and-dad-before-you-make-a-major-financial-commitment/” title=”3 big questions to ask Mom and Dad before you make a major financial commitment”>questions whether it could be a value trap. Salesforce’s potential indirect exposure to Anthropic also adds interest, but the benefit depends on future commercial partnerships and adoption. Salesforce value trap analysis
- Negative Sentiment:Analyst support has not resolved investor concerns. Commentary notes that repeated upgrades have failed to produce a durable rerating, keeping the focus on August 26 results rather than opinion changes from Wall Street. Analyst upgrades and Salesforce earnings
- Negative Sentiment:Salesforce may lack the setup for an earnings beat. Zacks said CRM does not currently have the right combination of indicators that typically supports a likely earnings surprise, raising the risk of disappointment if guidance or AI monetization falls short. Salesforce earnings expectations
Analyst Upgrades and Downgrades
CRM has been the subject of a number of analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Salesforce in a research report on Tuesday, July 21st. B. Riley Financial upped their price target on shares of Salesforce from $205.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Piper Sandler lowered shares of Salesforce from an “overweight” rating to a “neutral” rating in a report on Thursday, May 28th. TD Cowen reaffirmed a “buy” rating on shares of Salesforce in a research report on Friday, June 12th. Finally, HC Wainwright downgraded Salesforce to a “negative” rating in a research note on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $249.87.
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