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Groupe la Francaise Trims Stake in Salesforce Amid Market Volatility

Guavy AI Editorial Team
Instruments
CRM
Share

Groupe la Francaise has reduced its stake in Salesforce Inc. (NYSE:CRM) by 90.7% in the second quarter, according to a recent SEC filing.

The firm now owns 5,701 shares of CRM provider's stock after selling 55,764 shares during the period. The holdings were worth $865,000 at the end of the most recent quarter.

This is not an isolated incident; several large investors have made changes to their positions in Salesforce recently. Brighton Jones LLC lifted its position by 13.7% in the fourth quarter and now owns 25,668 shares valued at $8,582,000. Revolve Wealth Partners LLC grew its holdings by 12.6% during the same period.

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