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FNY Investment Advisers LLC Purchases 4,920 Shares of Salesforce Inc. $CRM
FNY Investment Advisers LLC significantly increased its stake in Salesforce Inc. by 319.5% in the fourth quarter, purchasing an additional 4,920 shares to bring its total holdings to 6,460 shares valued at approximately $1.71 million. This comes as Salesforce announced a $25 billion stock buyback and a raised quarterly dividend, signaling strong management confidence and potential for increased EPS and valuation. Analysts maintain a “Moderate Buy” rating for Salesforce, with an average target price near $280.21.