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OMERS ADMINISTRATION Corp Invests $16.21M in Salesforce Amid Strong Revenue Growth

Guavy AI Editorial Team
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OMERS ADMINISTRATION Corp has invested $16.21 million in Salesforce Inc.

The investment, worth approximately $16,209,000, is based on OMERS' purchase of 103,464 shares of Salesforce stock during the second quarter.

This is not the only significant investment in Salesforce; other hedge funds have also recently increased their stakes in the company. For example, BlackRock Inc. purchased a new position in Salesforce worth approximately $11,396,844,000.

Salesforce's revenue has seen a 13.3% year-over-year increase, reaching $11.13 billion during its most recent quarter. The company also reported earnings per share of $3.88, exceeding analysts' expectations.

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