SCS Capital Invests $1.15 Million in Salesforce Amid Institutional Buying Frenzy

SCS Capital Management LLC invested $1.15 million in Salesforce Inc. (NYSE:CRM) in the second quarter, purchasing 7,349 shares valued at approximately $1.15 million.

This investment is part of a larger trend of institutional investors increasing their stakes in CRM.

In the fourth quarter, Commonwealth Retirement Investments LLC and Gilpin Wealth Management LLC also purchased new positions in Salesforce worth around $25,000 and $26,000 respectively.

Costello Asset Management INC lifted its holdings by 410.3% in the first quarter, buying an additional 119 shares valued at approximately $28,000.