Trajan Wealth Buys into Salesforce with $14.5M Investment
Trajan Wealth LLC has acquired a new stake in Salesforce Inc., investing $14.545 million in approximately 92,844 shares of the company's stock.
This investment is part of a larger trend of institutional investors buying into Salesforce, with other notable purchases made by Van Hulzen Asset Management LLC, Womack Financial LLC, and Peak Asset Management LLC.
Salesforce has experienced significant growth in recent quarters, with revenue up 13.3% year-over-year and earnings per share (EPS) reaching $3.88 in the latest quarter, surpassing analyst estimates.