Oracle Corp. (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $39.06, for a total transaction of $146,475.00. Following the completion of the sale, the director now directly owns 8,281 shares in the company, valued at $323,455.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Monday, October 17th, Hector Garcia-Molina sold 3,750 shares of Oracle Corp. stock. The shares were sold at an average price of $38.42, for a total transaction of $144,075.00.
  • On Thursday, September 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corp. stock. The shares were sold at an average price of $40.16, for a total transaction of $150,600.00.

Oracle Corp. (NYSE:ORCL) opened at 39.86 on Monday. Oracle Corp. has a 12-month low of $33.13 and a 12-month high of $42.00. The company has a 50-day moving average price of $38.69 and a 200 day moving average price of $39.87. The company has a market cap of $163.65 billion, a PE ratio of 18.94 and a beta of 1.19.

Oracle Corp. (NYSE:ORCL) last released its earnings results on Thursday, September 15th. The enterprise software provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by $0.03. The company had revenue of $8.60 billion for the quarter. Oracle Corp. had a net margin of 24.16% and a return on equity of 22.10%. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the firm posted $0.53 EPS. On average, analysts forecast that Oracle Corp. will post $2.63 EPS for the current fiscal year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 26th. Stockholders of record on Wednesday, October 12th were given a dividend of $0.15 per share. The ex-dividend date was Friday, October 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.51%. Oracle Corp.’s payout ratio is 28.57%.

ORCL has been the topic of a number of recent research reports. Rowe reduced their price target on shares of Oracle Corp. from $109.00 to $9.30 in a research report on Tuesday, November 8th. Rosenblatt Securities initiated coverage on shares of Oracle Corp. in a research report on Monday, August 8th. They set a “buy” rating and a $48.00 price target on the stock. DA Davidson initiated coverage on shares of Oracle Corp. in a research report on Monday, August 8th. They set a “buy” rating on the stock. BTIG Research reaffirmed a “buy” rating and set a $47.00 price target on shares of Oracle Corp. in a research report on Monday, August 22nd. Finally, Zacks Investment Research raised shares of Oracle Corp. from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Wednesday, August 17th. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and twenty-five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $45.25.

Several hedge funds have recently added to or reduced their stakes in the stock. Old Mutual Global Investors UK Ltd. increased its stake in Oracle Corp. by 5,147.0% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 1,122,744 shares of the enterprise software provider’s stock worth $45,953,000 after buying an additional 1,101,346 shares during the last quarter. ING Groep NV increased its stake in Oracle Corp. by 317.0% in the second quarter. ING Groep NV now owns 452,022 shares of the enterprise software provider’s stock worth $18,497,000 after buying an additional 343,626 shares during the last quarter. Ngam Advisors L.P. increased its stake in Oracle Corp. by 9.2% in the second quarter. Ngam Advisors L.P. now owns 1,597,340 shares of the enterprise software provider’s stock worth $65,380,000 after buying an additional 134,154 shares during the last quarter. Check Capital Management Inc. CA increased its stake in Oracle Corp. by 1.8% in the second quarter. Check Capital Management Inc. CA now owns 714,129 shares of the enterprise software provider’s stock worth $29,229,000 after buying an additional 12,676 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its stake in Oracle Corp. by 8.1% in the second quarter. DAVENPORT & Co LLC now owns 852,620 shares of the enterprise software provider’s stock worth $34,898,000 after buying an additional 64,091 shares during the last quarter. Hedge funds and other institutional investors own 57.68% of the company’s stock.

About Oracle Corp.

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.

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