Panoramic Capital LLC Invests $3.92 Million in Salesforce Inc. $CRM

Panoramic Capital LLC acquired a new position in shares of Salesforce Inc. (NYSE:CRM) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 25,000 shares of the CRM provider’s stock, valued at approximately $3,916,000. Salesforce makes up approximately 1.7% of Panoramic Capital LLC’s holdings, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Fred Alger Management LLC boosted its position in Salesforce by 0.3% during the 3rd quarter. Fred Alger Management LLC now owns 14,943 shares of the CRM provider’s stock worth $3,548,000 after acquiring an additional 45 shares during the last quarter. Synergy Financial Group LTD raised its holdings in shares of Salesforce by 2.4% in the third quarter. Synergy Financial Group LTD now owns 2,035 shares of the CRM provider’s stock valued at $482,000 after purchasing an additional 48 shares during the last quarter. CBIZ Investment Advisory Services LLC raised its holdings in shares of Salesforce by 35.4% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 199 shares of the CRM provider’s stock valued at $53,000 after purchasing an additional 52 shares during the last quarter. Krane Funds Advisors LLC lifted its position in shares of Salesforce by 0.7% in the fourth quarter. Krane Funds Advisors LLC now owns 8,254 shares of the CRM provider’s stock worth $2,187,000 after purchasing an additional 57 shares in the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in Salesforce by 0.4% during the first quarter. HBW Advisory Services LLC now owns 13,098 shares of the CRM provider’s stock worth $2,445,000 after purchasing an additional 57 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

Salesforce Stock Performance

NYSE CRM opened at $206.01 on Thursday. The firm has a market capitalization of $168.72 billion, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 1.11 and a beta of 1.16. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.15. The firm’s fifty day moving average price is $177.13 and its two-hundred day moving average price is $181.60. Salesforce Inc. has a 1 year low of $146.32 and a 1 year high of $269.11.

Salesforce (NYSE:CRM) last released its quarterly earnings data on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share for the quarter, topping the consensus estimate of $3.27 by $2.63. The company had revenue of $11.35 billion for the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a net margin of 18.73% and a return on equity of 18.72%. Salesforce’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.91 EPS. 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, research analysts anticipate that Salesforce Inc. will post 10.27 EPS for the current year.

Salesforce News Roundup

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: Salesforce reported adjusted earnings of $5.90 per share, well above the $3.27 analyst consensus and up from $2.91 a year earlier. Revenue increased 10.8% year over year to $11.35 billion, narrowly exceeding estimates. Salesforce Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: The company raised fiscal 2027 guidance to $46.1 billion-$46.4 billion in revenue and $16.67-$16.71 in EPS. Third-quarter guidance calls for $11.4 billion-$11.5 billion in revenue and $3.42-$3.44 in EPS, with the profit forecast above consensus. Salesforce Raises Annual Revenue Forecasts
• Positive Sentiment: Management cited momentum in AI-powered autonomous agents as a reason for increased confidence in future growth. Salesforce also recorded a roughly $2.6 billion gain on strategic investments, helped by the rising value of its Anthropic stake, boosting reported profitability. Salesforce Stock Jumps on AI Growth
• Positive Sentiment: Salesforce and Anthropic expanded their partnership through “Claudeforce,” integrating Claude with Salesforce data, workflows and governance. The offering includes prebuilt sales skills and could strengthen adoption of Salesforce’s Agentforce platform. Salesforce and Anthropic Announce Claudeforce
• Neutral Sentiment: CEO Marc Benioff rejected “SaaSpocalypse” concerns, arguing that AI is expanding rather than destroying Salesforce’s software opportunity. Investors will still look for sustained subscription growth and Agentforce monetization in coming quarters. Salesforce CEO Responds to SaaSpocalypse Concerns
• Negative Sentiment: Despite the earnings beat, quarterly revenue growth remained near 11%, so the stock’s longer-term performance depends on whether AI products produce a meaningful reacceleration rather than simply offsetting pressure on Salesforce’s core business.

Analyst Ratings Changes

Several brokerages have issued reports on CRM. Oppenheimer reiterated an “outperform” rating on shares of Salesforce in a research note on Thursday, August 20th. The Goldman Sachs Group began coverage on shares of Salesforce in a research note on Thursday, June 18th. They set a “neutral” rating for the company. Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price objective on shares of Salesforce in a report on Thursday, August 20th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $225.00 target price on shares of Salesforce in a research report on Tuesday. Finally, Monness Crespi & Hardt upped their target price on Salesforce from $200.00 to $222.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.72.

About Salesforce

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.