In its first-quarter 2026 investor letter, Artisan Value Fund highlighted stocks like Salesforce, Inc. (NYSE:CRM).
Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together and a leading detractor to Fund’s performance in the quarter
On May 22, 2026, Salesforce, Inc. (NYSE:CRM) closed at $180.18 per share. One-month return of Salesforce, Inc. (NYSE:CRM) was -0.06%, and its shares lost 34.07% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $147.31 billion.
Artisan Value Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q1 2026 investor letter: “Among the portfolio’s biggest decliners were Salesforce, Inc. (NYSE:CRM), Accenture, Humana and PayPal Holdings, each of which dropped by 20% or more during the quarter. Salesforce is the largest provider of customer relationship management (CRM) software, a mission-critical tool for most businesses. Growth has slowed over the past year, unsettling investors who worry that generative AI could lead to the “death of software”—disrupting SaaS (software-as-a service) akin to how SaaS disrupted incumbents in the early 2000s.