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Oversea Chinese Banking Corp Ltd Invests Heavily in Salesforce Inc.

Guavy AI Editorial Team
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CRM
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Oversea Chinese Banking Corp Ltd has acquired a new stake in Salesforce Inc. (NYSE:CRM) valued at approximately $16,376,000 after purchasing 104,529 shares in the 2nd quarter.

This is not the only recent investment in CRM, as several other hedge funds have also modified their holdings of the stock.

The company has seen significant growth, with a quarterly revenue increase of 13.3% year-over-year and earnings per share of $3.88, topping analysts' consensus estimates of $3.13 by $0.75.

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