Oppenheimer Asset Management Invests Heavily in Salesforce

Oppenheimer Asset Management Inc., a financial institution, has recently made an investment in Salesforce Inc. (NYSE:CRM), purchasing 89,022 shares of CRM's stock valued at approximately $13,946,000 during the second quarter.

This is not the only recent purchase of CRM by institutional investors; Commonwealth Retirement Investments LLC acquired a new position in Salesforce in the fourth quarter worth $25,000, and Swiss RE Ltd. also bought a new position in shares of Salesforce in the fourth quarter valued at about $28,000.

The stock has seen significant investment from various institutions, with 80.43% of CRM's stock owned by institutional investors and hedge funds.