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Salesforce Stock: Rathbones Group Cuts Stake by 67.4%

Guavy AI Editorial Team
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Rathbones Group PLC has reduced its stake in shares of Salesforce Inc. by 67.4% during the first quarter, according to a recent disclosure with the Securities & Exchange Commission.

The institutional investor owned 196,806 shares of Salesforce's stock after selling 406,766 shares during the quarter. These holdings were worth $36,738,000 at the end of the most recent reporting period.

This isn't the only change in ownership for Salesforce this quarter - Temasek Holdings Private Ltd boosted its position in the company by 3.7%, and SFE Investment Counsel grew its stake in shares of Salesforce by 82.7% in the fourth quarter.

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