started · updated
Salesforce Inc. sees new institutional investment and positive analyst outlook
Several institutional investors have recently increased their positions in Salesforce Inc. (CRM). Arrowroot Family Office LLC acquired 4,037 shares valued at approximately $632,000 during the second quarter. Similarly, SCS Capital Management LLC purchased 7,349 shares in the same period, a stake valued at roughly $1.15 million.
Other firms, including Commonwealth Retirement Investments LLC, Gilpin Wealth Management LLC, and Birchwood Financial Partners Inc., also reported new or increased positions in recent quarters. Currently, institutional investors hold 80.43% of Salesforce stock.
Market sentiment remains positive among analysts. JPMorgan resumed coverage with an ‘Overweight’ rating and a $250 price target, suggesting potential business acceleration in the second half of the year. Monness Crespi & Hardt also raised its price target to $222, while UBS and Wells Fargo have forecasted strong appreciation. The company’s Agentforce platform is noted as a key driver of recent interest.
Entities
Arrowroot Family Office LLC · JPMorgan · Monness Crespi & Hardt · SCS Capital Management LLC · Salesforce Inc.