Stocks

Beacon Sells Salesforce Shares as CRM Provider Posts Strong Earnings

Guavy AI Editorial Team Published September 9, 2026

Instruments

CRM

Beacon Investment Advisory Services Inc., a financial firm, has reduced its stake in Salesforce Inc. (NYSE:CRM) by selling 2,125 shares during the second quarter.

This decision was reflected in Beacon's most recent Form 13F filing with the Securities and Exchange Commission (SEC), which revealed that the company now owns 17,694 shares of Salesforce stock, valued at $2,772,000 as of its latest SEC filing.

Salesforce reported strong quarterly earnings on August 26th, beating analysts' estimates with a profit of $5.90 per share and revenue of $11.35 billion for the quarter, up 10.8% from last year.

The CRM provider has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS, with analysts expecting a current-year earnings per share of 12.65.

Beacon Sells Salesforce Shares as CRM Provider Posts Strong Earnings

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