Salesforce (CRM) Fell Due to Heightened Investor Concerns

Core Insights - Diamond Hill Capital's "Select Fund" underperformed the Russell 3000 Index in Q3 2025, returning 4.98% compared to the index's 8% gain [1] - Salesforce, Inc. (NYSE:CRM) was highlighted as a significant contributor to the fund's underperformance, facing challenges such as higher customer attrition rates and concerns about AI disruption [3] Company Performance - Salesforce, Inc. reported a one-month return of 6.78% but experienced a 12.92% decline in share value over the past 52 weeks, closing at $256.65 per share with a market capitalization of $244.331 billion on October 30, 2025 [2] - In Q2 2026, Salesforce, Inc. achieved revenue of $10.25 billion, marking a 10% year-over-year increase and 9% in constant currency [3] Investment Sentiment - Salesforce, Inc. ranked 16th among the 30 Most Popular Stocks Among Hedge Funds, with 121 hedge fund portfolios holding its shares at the end of Q2 2025, down from 140 in the previous quarter [3] - Despite its potential, the company is viewed as having less upside compared to certain AI stocks, which are considered to carry lower downside risk [3]