Oxford Financial Group Bets Big on Salesforce With $493K Stake

Oxford Financial Group LTD. LLC has acquired a new position in Salesforce Inc. (NYSE:CRM), purchasing 3,149 shares valued at approximately $493,000 during the second quarter, according to its recent disclosure with the Securities & Exchange Commission.

This is not an isolated instance of institutional investors buying into CRM. Commonwealth Retirement Investments LLC and Gilpin Wealth Management LLC also acquired new positions in Salesforce in the fourth quarter worth about $25,000 and $26,000 respectively. Persistent Asset Partners Ltd acquired a new stake in shares of Salesforce during the second quarter valued at about $27,000.

Notably, Costello Asset Management INC grew its stake in shares of CRM by 410.3% in the first quarter, now owning 148 shares of the company's stock valued at $28,000 after buying an additional 119 shares in the last quarter.