Peak Asset Management Takes Position in Salesforce Inc.

The firm bought 36,928 shares of CRM's stock during the 2nd quarter, which comprises about 0.9% of Peak Asset Management LLC's portfolio, making it their 27th largest position.

Other institutional investors and hedge funds have also recently acquired or divested shares of Salesforce Inc., with Fiduciary Financial Advisors purchasing a new position in the company during the same quarter worth $135,000, among others.

Analysts have set various price targets for CRM, including DA Davidson's revised target of $175.00 and Canaccord Genuity Group's target of $225.00, with a consensus rating of 'Moderate Buy' and an average price target of $249.87.