Kingsview Wealth Management LLC Sells 118,559 Shares of Salesforce Inc. $CRM

NodeGuardian · 2026-03-08T08:20:20+00:00

Kingsview Wealth Management reduced its Salesforce stake by selling over 118,000 shares, retaining a valued 46,930 shares. Despite strong earnings and a major buyback, mixed analyst ratings and concerns over AI's impact on SaaS economics signal a divided sentiment.

NodeGuardian

2026-03-08 08:20:20

Abstract generation in progress

Kingsview Wealth Management LLC significantly reduced its stake in Salesforce Inc. (NYSE:CRM) by selling 118,559 shares, leaving 46,930 shares valued at $11.122 million. This comes as Salesforce reported strong Q4 non-GAAP EPS, authorized a $50 billion buyback, and increased its dividend, although analyst ratings were mixed and insider transactions showed divergent sentiment. The article highlights both positive factors like AI monetization and capital return programs, and negative sentiments such as near-term guidance concerns and investor skepticism regarding AI’s long-term impact on SaaS economics.

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