Independence Bank Sells Down Salesforce Stake Amid Bullish Analyst Views

Independence Bank of Kentucky decreased its holdings in Salesforce Inc. (NYSE:CRM) by 31.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

The institutional investor owned 7,956 shares of the CRM provider's stock after selling 3,597 shares during the quarter.

Independence Bank of Kentucky's holdings in Salesforce were worth $1,246,000 at the end of the most recent quarter.