Orion Capital Management LLC Takes $540,000 Position in Salesforce Inc. $CRM

by · The Markets Daily

Orion Capital Management LLC bought a new stake in Salesforce Inc. (NYSE:CRM – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,447 shares of the CRM provider’s stock, valued at approximately $540,000.

Several other institutional investors have also modified their holdings of CRM. Commonwealth Retirement Investments LLC bought a new stake in shares of Salesforce in the 4th quarter worth approximately $25,000. Manning & Napier Advisors LLC bought a new stake in Salesforce during the second quarter worth approximately $26,000. Gilpin Wealth Management LLC acquired a new position in Salesforce in the fourth quarter worth approximately $26,000. Persistent Asset Partners Ltd acquired a new position in Salesforce in the second quarter worth approximately $27,000. Finally, Costello Asset Management INC increased its holdings in shares of Salesforce by 410.3% in the first quarter. Costello Asset Management INC now owns 148 shares of the CRM provider’s stock valued at $28,000 after buying an additional 119 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Wall Street Analysts Forecast Growth

CRM has been the subject of a number of recent analyst reports. DA Davidson increased their price target on Salesforce from $175.00 to $200.00 and gave the company a “neutral” rating in a research report on Thursday. Jefferies Financial Group upped their price objective on shares of Salesforce from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday. Oppenheimer reiterated an “outperform” rating and issued a $275.00 target price (up from $250.00) on shares of Salesforce in a report on Thursday. Bank of America assumed coverage on shares of Salesforce in a research report on Monday, May 18th. They issued an “underperform” rating and a $160.00 target price on the stock. Finally, HSBC upped their price target on shares of Salesforce from $350.00 to $356.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Salesforce has an average rating of “Moderate Buy” and an average target price of $261.15.

Read Our Latest Research Report on CRM

Key Stories Impacting Salesforce

Here are the key news stories impacting Salesforce this week:

  • Positive Sentiment: Strong quarterly beat and raised outlook: Salesforce reported adjusted EPS of $5.90 versus the $3.27 consensus estimate, while revenue rose 10.8% year over year to $11.35 billion, broadly topping expectations. Management raised its fiscal 2027 revenue outlook to approximately $46.1 billion-$46.4 billion and pointed to stronger bookings, lower attrition and potential organic growth reacceleration. Salesforce Stock Soars After Strong Results, Raised Outlook
  • Positive Sentiment: AI partnership strengthens the growth narrative: Salesforce expanded its alliance with Anthropic, integrating Claude into Agentforce and launching “Claudeforce,” which places Salesforce CRM capabilities inside Claude. Investors viewed the agreement as evidence that Salesforce can monetize AI and benefit from rising usage; Agentforce and Data 360 annual recurring revenue approached $3.9 billion, with Agentforce ARR reaching about $1.5 billion. Salesforce Soars on Earnings Beat and AI Partnership
  • Positive Sentiment: Analyst and institutional support: Wolfe Research upgraded CRM to “strong buy,” while several firms raised price targets, including Truist to $300, JPMorgan to $265 and Mizuho to $265. Heavy trading and reports of institutional buying suggest investors are reassessing the stock’s valuation and the broader software sector’s AI prospects.
  • Neutral Sentiment: Profit quality warrants scrutiny: Strategic investment gains contributed $2.53 of the $5.90 adjusted EPS, including an estimated $2.7 billion unrealized gain tied to Salesforce’s Anthropic investment. This boosted reported earnings but may not represent recurring operating performance. Salesforce Stock Just Soared. Thank Anthropic.
  • Negative Sentiment: Valuation and execution risks remain: After the rally, some analysts still see limited upside or downside, with UBS, Citi, Morgan Stanley and Wells Fargo retaining neutral or equivalent ratings. Critics also caution that Anthropic could control the AI orchestration layer, potentially limiting Salesforce’s long-term strategic leverage, while the rapid move may already price in much of the AI opportunity.

Salesforce Price Performance

Shares of NYSE:CRM opened at $256.60 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.79 and a debt-to-equity ratio of 1.02. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11. The business has a fifty day simple moving average of $181.24 and a 200 day simple moving average of $182.55. The firm has a market cap of $210.16 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 1.36 and a beta of 1.16.

Salesforce (NYSE:CRM – Get Free Report) last issued its earnings results on Wednesday, August 26th. The CRM provider reported $5.90 EPS for the quarter, beating analysts’ consensus estimates of $3.27 by $2.63. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.The firm had revenue of $11.35 billion for the quarter, compared to the consensus estimate of $11.33 billion. During the same quarter in the previous year, the company posted $2.91 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. As a group, sell-side analysts predict that Salesforce Inc. will post 10.27 earnings per share for the current fiscal year.

Salesforce Profile

(Free Report)

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.

Featured Articles