Summit Global Investments Dives into Salesforce with $2.07 Million Investment
Summit Global Investments has invested $2.07 million in Salesforce Inc., a global provider of cloud-based software for customer relationship management (CRM) and enterprise applications.
The investment was made through the purchase of 13,227 shares of CRM stock during the second quarter, according to the company's most recent Form 13F filing with the Securities and Exchange Commission (SEC).
This is not an isolated instance, as several other institutional investors and hedge funds have also modified their holdings of Salesforce.