Prosperitas Financial LLC Invests $477,000 in Salesforce Inc. $CRM

Prosperitas Financial LLC purchased a new stake in Salesforce Inc. (NYSE:CRM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,044 shares of the CRM provider’s stock, valued at approximately $477,000.

Other institutional investors also recently modified their holdings of the company. Fred Alger Management LLC grew its stake in Salesforce by 0.3% in the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock valued at $3,548,000 after buying an additional 45 shares in the last quarter. Synergy Financial Group LTD raised its holdings in Salesforce by 2.4% during the 3rd quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider’s stock valued at $482,000 after acquiring an additional 48 shares during the period. CBIZ Investment Advisory Services LLC lifted its position in shares of Salesforce by 35.4% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 199 shares of the CRM provider’s stock worth $53,000 after acquiring an additional 52 shares in the last quarter. Krane Funds Advisors LLC lifted its position in shares of Salesforce by 0.7% during the fourth quarter. Krane Funds Advisors LLC now owns 8,254 shares of the CRM provider’s stock worth $2,187,000 after acquiring an additional 57 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in shares of Salesforce by 0.4% in the first quarter. HBW Advisory Services LLC now owns 13,098 shares of the CRM provider’s stock worth $2,445,000 after acquiring an additional 57 shares during the period. 80.43% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Salesforce

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
• Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
• Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
• Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
• Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

Salesforce Price Performance

CRM stock opened at $256.60 on Friday. The firm has a 50 day simple moving average of $181.24 and a two-hundred day simple moving average of $182.55. The stock has a market cap of $210.16 billion, a PE ratio of 23.39, a P/E/G ratio of 1.36 and a beta of 1.16. Salesforce Inc. has a one year low of $146.32 and a one year high of $269.11. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.84 and a quick ratio of 0.79.

Salesforce (NYSE:CRM) last posted its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, beating the consensus estimate of $3.27 by $2.63. Salesforce had a net margin of 21.99% and a return on equity of 24.90%. The firm had revenue of $11.35 billion for the quarter, compared to analysts’ expectations of $11.33 billion. During the same quarter last year, the company posted $2.91 EPS. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts predict that Salesforce Inc. will post 10.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CRM has been the subject of several recent research reports. Wall Street Zen cut Salesforce from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Needham & Company LLC restated a “buy” rating and issued a $400.00 target price on shares of Salesforce in a research note on Thursday. JPMorgan Chase & Co. raised their target price on Salesforce from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday. Oppenheimer reaffirmed an “outperform” rating and set a $275.00 target price (up from $250.00) on shares of Salesforce in a report on Thursday. Finally, Mizuho upped their price target on Salesforce from $250.00 to $265.00 and gave the company an “outperform” rating in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.15.

About Salesforce

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.