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Laurel Wealth Advisors LLC Sells 3,409,450 Shares of Salesforce Inc. $CRM
Laurel Wealth Advisors LLC significantly reduced its stake in Salesforce Inc. (NYSE:CRM) by 99.6% in the third quarter, selling 3,409,450 shares, now holding 14,719 shares valued at $3.48 million. Despite this, other institutional investors increased their positions, and Wall Street analysts generally maintain a “Moderate Buy” rating with a consensus target price of $283.06. Salesforce has reported strong earnings, a dividend increase, and strategic AI advancements, alongside a significant share buyback program.