Rockland Trust Cuts Stake in Salesforce

Rockland Trust Co., a financial institution, has significantly reduced its stake in Salesforce Inc. (NYSE:CRM).

In its most recent 13F filing with the Securities and Exchange Commission, Rockland Trust Co. reported that it had sold 4,268 shares of CRM during the second quarter.

The company now owns 5,600 shares of Salesforce stock, worth approximately $877,000.

This reduction in stake is part of a broader trend, as several other hedge funds and institutional investors have also made significant changes to their positions in Salesforce.