Salesforce's strong stock price wooed some investors during third quarter - filings

FILE PHOTO: A logo of Salesforce is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier/File Photo

NEW YORK (Reuters) - Boasting a booming share price, Salesforce attracted more investor cash during the third quarter even as one of the software company's early public critics further cut its stake, according to regulatory filings.

Sachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped its holding by 30% to own 2.5 million shares on September 30, the filings show.