First Nebraska Trust Invests Heavily in Salesforce After Strong Earnings Report
First Nebraska Trust Co has invested $5.51 million in Salesforce Inc.
The investment, made through the acquisition of 29,531 shares, was disclosed in the company's most recent 13F filing with the Securities and Exchange Commission (SEC).
This is not the only significant development for Salesforce this year; the CRM provider recently reported better-than-expected earnings for the second quarter.
According to the financial data from MarketBeat, Salesforce posted $3.88 EPS for the quarter, topping the consensus estimate of $3.13 by $0.75.