Stocks
German American Bancorp Invests Heavily in Salesforce
German American Bancorp Inc., an institutional investor, has invested $3.70 million in Salesforce Inc. (NYSE:CRM) by purchasing a new stake of approximately 23,623 shares during the second quarter.
The investment is valued at around $3.70 million and represents a significant bet on the CRM provider's future growth prospects.
Other institutional investors such as Brighton Jones LLC, Revolve Wealth Partners LLC, and Bison Wealth LLC have also increased their holdings in Salesforce Inc. during the fourth quarter, with some purchasing additional shares during the period.