Silvant Capital Bets Big on Salesforce with $1.43 Million Stake
Silvant Capital Management LLC, a financial firm, has taken a new position in Salesforce Inc. (NYSE:CRM) worth $1.43 million. The company purchased 9,100 shares of Salesforce's stock during the second quarter.
According to MarketBeat, several other large investors also bought new stakes in CRM during the same period. LaSalle St. Investment Advisors LLC purchased a stake worth approximately $276,000, while Fairtree Asset Management Pty Ltd acquired a stake valued at around $3.15 million.
Salesforce's stock price has been volatile lately, with some analysts predicting strong earnings growth and others warning of potential disappointment. The company is expected to report its fiscal Q2 2027 results on August 26.