Aljian Capital Management Purchases 14,057 Shares of Salesforce

Aljian Capital Management LLC, a financial firm, recently acquired 14,057 shares of Salesforce Inc. (NYSE:CRM) stock in its second quarter filings with the Securities and Exchange Commission (SEC). The shares were valued at approximately $2,202,000.

The acquisition is part of a larger trend of institutional investors buying into Salesforce. Temasek Holdings Private Ltd, for example, increased its stake in the company by 3.7% during the fourth quarter, bringing its total holdings to 683,790 shares valued at $181,143,000.

Other firms, including SFE Investment Counsel and Fluent Financial LLC, also acquired new stakes in Salesforce during the second quarter. Janus Henderson Group PLC increased its holdings by 2.5% during the first quarter, while Secured Retirement Advisors LLC bought a new position in shares of Salesforce in the same period.

According to MarketBeat, institutional investors currently own approximately 80.43% of Salesforce stock.