Oracle Corporation (ORCL) Director Sells $182,625.00 in Stock

Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $48.70, for a total value of $182,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hector Garcia-Molina also recently made the following trade(s):

  • On Friday, September 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $50.35, for a total value of $188,812.50.
  • On Tuesday, August 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $48.86, for a total value of $183,225.00.

Shares of Oracle Corporation (ORCL) opened at 49.35 on Friday. The firm has a 50-day moving average of $49.40 and a 200 day moving average of $47.77. The stock has a market capitalization of $205.94 billion, a price-to-earnings ratio of 21.47 and a beta of 1.05. Oracle Corporation has a 12-month low of $37.64 and a 12-month high of $53.14.

Oracle Corporation (NYSE:ORCL) last posted its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The company had revenue of $9.21 billion for the quarter, compared to analyst estimates of $9.03 billion. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. Oracle Corporation’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.55 earnings per share. Equities analysts forecast that Oracle Corporation will post $2.94 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 11th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, October 10th. This represents a $0.76 dividend on an annualized basis and a yield of 1.54%. Oracle Corporation’s dividend payout ratio is presently 33.19%.

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Several equities research analysts have recently issued reports on the company. BidaskClub raised Oracle Corporation from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research cut Oracle Corporation from a “hold” rating to a “sell” rating in a report on Tuesday. Canaccord Genuity assumed coverage on Oracle Corporation in a report on Friday, October 6th. They issued a “buy” rating and a $57.00 target price on the stock. Goldman Sachs Group, Inc. (The) set a $56.00 target price on Oracle Corporation and gave the stock a “buy” rating in a report on Friday, October 6th. Finally, KeyCorp reaffirmed a “buy” rating on shares of Oracle Corporation in a report on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty-two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $53.37.

Large investors have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its holdings in shares of Oracle Corporation by 947.4% in the second quarter. Acrospire Investment Management LLC now owns 1,990 shares of the enterprise software provider’s stock valued at $100,000 after acquiring an additional 1,800 shares in the last quarter. Burt Wealth Advisors boosted its holdings in shares of Oracle Corporation by 4.3% in the second quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock valued at $107,000 after acquiring an additional 88 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in shares of Oracle Corporation by 65.9% in the second quarter. IHT Wealth Management LLC now owns 2,383 shares of the enterprise software provider’s stock valued at $154,000 after acquiring an additional 947 shares in the last quarter. Baystate Wealth Management LLC boosted its holdings in shares of Oracle Corporation by 9.2% in the second quarter. Baystate Wealth Management LLC now owns 2,439 shares of the enterprise software provider’s stock valued at $123,000 after acquiring an additional 206 shares in the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in shares of Oracle Corporation by 1,150.0% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 2,500 shares of the enterprise software provider’s stock valued at $112,000 after acquiring an additional 2,300 shares in the last quarter. 57.83% of the stock is currently owned by institutional investors and hedge funds.

Oracle Corporation Company Profile

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

Insider Buying and Selling by Quarter for Oracle Corporation (NYSE:ORCL)

Insider Buying and Selling by Quarter for Oracle Corporation (NYSE:ORCL)

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