Earnings
Midwest Professional Planners LTD. Lowers Stock Holdings in Salesforce Inc. $CRM
Midwest Professional Planners LTD. significantly reduced its stake in Salesforce Inc. ($CRM) by 68.4% in the second quarter, selling 6,390 shares and retaining 2,950 shares valued at approximately $462,000. Despite this reduction, Salesforce reported strong quarterly results with revenue up 10.8% year-over-year and EPS significantly above estimates, driven by accelerating AI adoption. Analysts maintain a "Moderate Buy" rating, but the stock's RSI indicates it may be overbought.