Stocks
Salesforce Stock: Institutional Investor Sells Some Shares
Salesforce stock has been on the rise, but one institutional investor is selling some of its shares. Reynders McVeigh Capital Management LLC reduced its holdings in Salesforce by 3.9% in the second quarter, according to a recent disclosure with the Securities and Exchange Commission.
The fund sold 2,701 shares during this period, leaving it with 67,163 shares of Salesforce stock. Its total holding in the CRM provider's stock was worth $10,522,000 at the end of the most recent quarter.