Midwest Professional Planners LTD. Lowers Stock Holdings in Salesforce Inc. $CRM

Midwest Professional Planners LTD. lessened its holdings in Salesforce Inc. (NYSE:CRM) by 68.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,950 shares of the CRM provider’s stock after selling 6,390 shares during the period. Midwest Professional Planners LTD.’s holdings in Salesforce were worth $462,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC boosted its stake in Salesforce by 13.7% in the 4th quarter. Brighton Jones LLC now owns 25,668 shares of the CRM provider’s stock worth $8,582,000 after purchasing an additional 3,102 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Salesforce by 12.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,827 shares of the CRM provider’s stock worth $611,000 after buying an additional 205 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Salesforce by 9.0% during the fourth quarter. Bison Wealth LLC now owns 2,234 shares of the CRM provider’s stock worth $747,000 after acquiring an additional 184 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Salesforce by 3.7% during the second quarter. Sivia Capital Partners LLC now owns 2,958 shares of the CRM provider’s stock valued at $807,000 after acquiring an additional 106 shares in the last quarter. Finally, United Bank increased its holdings in Salesforce by 5.2% in the 2nd quarter. United Bank now owns 10,198 shares of the CRM provider’s stock valued at $2,781,000 after acquiring an additional 500 shares during the last quarter. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

More Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI adoption is becoming a revenue driver. Agentforce annual recurring revenue surpassed $1.5 billion, rising 240% year over year, while Salesforce introduced “Claudeforce,” an integration of Anthropic’s Claude with Salesforce customer data. The partnership supports the company’s argument that AI will expand, rather than replace, its platform. Salesforce Bets Its Next Chapter on an Unlikely AI Marriage
• Positive Sentiment: Analysts remain bullish. TD Cowen reiterated a Buy rating and raised its price target to $300 from $280. Argus also lifted its target to $300 and maintained a Buy rating, reinforcing expectations for additional upside after CRM’s recent rally. What’s Going On With Salesforce Stock?
• Positive Sentiment: Enterprise demand remains resilient. Quarterly revenue increased approximately 11% year over year, future contracted revenue accelerated and customer churn approached record lows. Salesforce also raised its fiscal-year guidance, helping validate the post-earnings rally. Salesforce Looks Overbought, But the Rally May Be Far From Over
• Positive Sentiment: The AI ecosystem is broadening. Salesforce led an investment in workforce-data platform HiBob, while Sinch added a Mailgun Inspect email tool to AgentExchange. These moves expand potential AI applications in human resources, marketing and customer workflows. Salesforce Backs Workforce AI and Adds New AgentExchange Email Tool
• Neutral Sentiment: Northland Securities raised its fiscal 2027 EPS estimate to $12.75 from $11.35, close to the $12.77 consensus, but reduced estimates for the third and fourth quarters. This suggests stronger full-year expectations may already reflect much of the near-term improvement.
• Negative Sentiment: Technical risk has increased. CRM’s RSI is above 80 after a sharp recovery from its August lows, indicating overbought conditions and the possibility of profit-taking or a near-term pullback even if the long-term AI thesis remains intact. Salesforce Looks Overbought, But the Rally May Be Far From Over

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CRM. Scotiabank lowered Salesforce from a “sector outperform” rating to a “sector perform” rating in a research report on Thursday, June 18th. Mizuho lifted their price objective on Salesforce from $250.00 to $265.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 price objective on shares of Salesforce in a report on Thursday, August 27th. Wells Fargo & Company raised their target price on shares of Salesforce from $205.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, August 27th. Finally, Wall Street Zen lowered shares of Salesforce from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Salesforce presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.12.

Salesforce Trading Up 0.2%

CRM stock opened at $258.00 on Wednesday. Salesforce Inc. has a twelve month low of $146.32 and a twelve month high of $269.11. The stock has a market capitalization of $212.33 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 1.19 and a beta of 1.20. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02. The firm’s fifty day simple moving average is $185.49 and its two-hundred day simple moving average is $183.44.

Salesforce (NYSE:CRM) last announced its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.27 by $2.63. The business had revenue of $11.35 billion during the quarter, compared to the consensus estimate of $11.33 billion. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.91 earnings per share. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, analysts anticipate that Salesforce Inc. will post 12.64 earnings per share for the current year.

Salesforce Profile

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.