Cardano Risk Management B.V. Boosts Stake in Salesforce with Additional 36,865 Shares
Cardano Risk Management B.V., an investment firm, has increased its stake in Salesforce Inc. (NYSE:CRM). In the second quarter of this year, they acquired 36,865 more shares, boosting their total holdings by 9.3%. The fund now owns approximately 432,871 shares of Salesforce stock, accounting for about 0.05% of the company's outstanding shares.
Cardano Risk Management B.V.'s investment in Salesforce is valued at around $67,814,000, according to the latest SEC filing. This significant stake has been a subject of interest among market analysts and investors, as it reflects the firm's confidence in Salesforce's growth prospects.
Other institutional investors have also made notable purchases of Salesforce shares during the same period. Commonwealth Retirement Investments LLC, Key Capital Management INC, Gilpin Wealth Management LLC, and Legacy Bridge LLC all acquired new stakes in the company, while Costello Asset Management INC increased its holdings by 410.3%.