Stocks

L2 Asset Management Invests $709,000 in Salesforce Amid Cautious Earnings Outlook

Guavy AI Editorial Team Published August 25, 2026

Instruments

CRM

L2 Asset Management LLC has invested $709,000 in Salesforce Inc. (NYSE:CRM) by purchasing 4,524 shares of CRM's stock during the second quarter. This investment was revealed in a recent Form 13F filing with the SEC.

This is not an isolated instance; other institutional investors have also been adding to or reducing their stakes in CRM. For example, Commonwealth Retirement Investments LLC bought a new stake in Salesforce worth $25,000 in the fourth quarter, while Costello Asset Management INC increased its holdings by 410.3% in the first quarter.

Despite this influx of investment, analysts remain cautious about CRM's earnings report due to slower software growth and elevated AI expectations. According to MarketBeat, top-rated analysts believe these five stocks are better buys than Salesforce.

L2 Asset Management Invests $709,000 in Salesforce Amid Cautious Earnings Outlook

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