Lombard Odier Boosts Stake in Salesforce with 6,289 Share Purchase
Lombard Odier Asset Management Europe Ltd acquired an additional 6,289 shares of Salesforce Inc. (NYSE:CRM) during the first quarter, increasing its stake by 18.1%.
The institutional investor now owns 40,959 shares of Salesforce's stock, valued at $7,646,000. This is part of a broader trend where several other hedge funds and institutional investors have added to or reduced their stakes in the CRM provider.
Other notable investors include FAS Wealth Partners Inc., Positano Wealth Management Ltd, Farmers National Bank, and Caerus Investment Advisors LLC. These companies have collectively increased their holdings in Salesforce during the first quarter.