Chemistry Wealth Management LLC Boosts Stake in Salesforce Inc.

Chemistry Wealth Management LLC increased its stake in Salesforce Inc. by 62.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,155 shares of the CRM provider's stock after acquiring an additional 5,063 shares during the period. The firm's holdings in Salesforce were worth $2.06 million as of its most recent filing.

In addition to Chemistry Wealth Management LLC, other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in Salesforce by 13.7% during the fourth quarter, while Revolve Wealth Partners LLC grew its stake by 12.6% in the same period.

Salesforce Inc. has a market capitalization of $157.64 billion and a price-to-earnings ratio of 22.28. The company's stock opened at $192.48 on Friday, with a 50-day moving average of $171.23 and a 200-day moving average of $183.26.