Cacti Asset Management Buys into Salesforce with $14M Stake
Cacti Asset Management LLC recently made a new investment in Salesforce Inc. (NYSE: CRM), purchasing 64,070 shares worth approximately $14,436,000 during the third quarter.
This acquisition represents about 0.8% of Cacti Asset Management's portfolio and makes it their 24th largest holding.
In addition to Cacti Asset Management, several other institutional investors also increased their stakes in Salesforce during the fourth quarter, including State Street Corp, BlackRock Inc., Capital International Investors, Capital World Investors, and Capital Research Global Investors.