Salesforce Stakeholder Sells Half of Holdings Amid AI-Fueled Rally
Midwest Professional Planners LTD. recently reduced its stake in Salesforce Inc. (NYSE:CRM) by 68.4% during the second quarter, according to a recent SEC filing.
The institutional investor now owns 2,950 shares of Salesforce's stock after selling 6,390 shares during the period.
Midwest Professional Planners LTD.'s holdings in Salesforce were worth $462,000 as of its most recent SEC filing.
This isn't an isolated incident - several other large investors have made changes to their positions in Salesforce this quarter and year.