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Beacon Pointe Advisors Buys into Salesforce with Over $16 Million Investment

Guavy AI Editorial Team
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CRM
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Beacon Pointe Advisors LLC has acquired a new stake in Salesforce Inc. (NYSE:CRM), purchasing 102,138 shares valued at approximately $16,001,000 during the second quarter.

This is not an isolated instance of institutional investment in Salesforce, as several other hedge funds and investors have also bought and sold shares of the company in recent periods.

Temasek Holdings Private Ltd increased its stake by 3.7% to 683,790 shares valued at $181,143,000, while SFE Investment Counsel grew its holding by 82.7% to 17,394 shares worth $4,608,000.

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