Institutional Investors Boost Stakes in Salesforce
William Blair Investment Management LLC has acquired shares of Salesforce Inc., purchasing 26,046 shares valued at approximately $4,080,000 in the second quarter. The investment is part of a larger trend of institutional investors increasing their stakes in CRM provider.
Sivia Capital Partners LLC also grew its position in Salesforce by 3.7% in the second quarter, buying an additional 106 shares to bring its total to 2,958 shares valued at $807,000.
United Bank increased its stake in Salesforce by 5.2% during the same period, purchasing an additional 500 shares to bring its total to 10,198 shares worth $2,781,000.
The company's 50-day simple moving average is $174.33 and its two-hundred day simple moving average is $181.35. Salesforce has set its FY 2027 guidance at 14.060-14.120 EPS and its Q2 2027 guidance at 3.250-3.270 EPS.