Dearborn Partners Invests Heavily in Salesforce as Institutional Interest Swells

Dearborn Partners LLC made a significant investment in Salesforce Inc. (NYSE:CRM) during the second quarter, purchasing 4,110 shares valued at $767,000.

This is not the only recent activity involving CRM stock. Several other hedge funds and institutional investors have also increased their stakes or bought new positions.

For example, Fred Alger Management LLC raised its stake by 0.3% during the third quarter, while Synergy Financial Group LTD boosted its holdings by 2.4% in the same period.