North Star Asset Management Bets Big on Salesforce
North Star Asset Management Inc. has invested in Salesforce Inc., purchasing 72,375 shares valued at approximately $11,338,000.
This investment is part of a larger trend where several institutional investors have acquired new positions or increased their holdings in the company.
Salesforce's quarterly earnings report exceeded expectations, with adjusted EPS of $5.90 and revenue rising 10.8% year over year to $11.35 billion.