CRM | SOURCE: THE TWENTY MINUTE VC (20VC)
Feb 09, 2026 IC-REF: b47fcfbc

CRM: Insider Accumulation vs. Sentiment Analysis

Executive Thesis: Salesforce represents the core SaaS oversold thesis articulated by a16z's Anish Acharya, with net insider buying ($13M) and extreme oversold technicals (RSI 21.91) creating contrarian setup, but current macro regime (4.21% 10Y yield) constrains duration-sensitive software multiples.


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