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Connor Clark & Lunn Invests $13M in Salesforce

Guavy AI Editorial Team
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CRM
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Connor Clark & Lunn Investment Management Ltd., an institutional investor, has acquired a new stake in Salesforce Inc. (NYSE:CRM), valued at approximately $13.093 million.

The company disclosed its latest acquisition of 83,575 shares in the second quarter, according to the Securities and Exchange Commission.

This is not the first time institutional investors have shown interest in CRM; Commonwealth Retirement Investments LLC purchased a new stake in Salesforce during the fourth quarter valued at $25,000, while Gilpin Wealth Management LLC also bought into the company in the same quarter for about $26,000.

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