GW Henssler & Associates Ltd. lowered its stake in Oracle Corp. (NYSE:ORCL) by 6.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 251,563 shares of the enterprise software provider’s stock after selling 18,228 shares during the period. GW Henssler & Associates Ltd.’s holdings in Oracle Corp. were worth $9,881,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. West Oak Capital LLC boosted its position in Oracle Corp. by 1.3% in the second quarter. West Oak Capital LLC now owns 38,645 shares of the enterprise software provider’s stock valued at $1,582,000 after buying an additional 500 shares during the last quarter. Curbstone Financial Management Corp boosted its position in Oracle Corp. by 3.7% in the second quarter. Curbstone Financial Management Corp now owns 12,580 shares of the enterprise software provider’s stock valued at $515,000 after buying an additional 450 shares during the last quarter. Osborn Rohs Williams & Donohoe Ltd boosted its position in Oracle Corp. by 0.9% in the second quarter. Osborn Rohs Williams & Donohoe Ltd now owns 134,938 shares of the enterprise software provider’s stock valued at $5,523,000 after buying an additional 1,192 shares during the last quarter. Toth Financial Advisory Corp boosted its position in Oracle Corp. by 175.8% in the second quarter. Toth Financial Advisory Corp now owns 22,333 shares of the enterprise software provider’s stock valued at $914,000 after buying an additional 14,235 shares during the last quarter. Finally, Cullinan Associates Inc. boosted its position in Oracle Corp. by 7.7% in the second quarter. Cullinan Associates Inc. now owns 173,000 shares of the enterprise software provider’s stock valued at $7,081,000 after buying an additional 12,400 shares during the last quarter. Hedge funds and other institutional investors own 56.94% of the company’s stock.

Institutional Ownership by Quarter for Oracle Corp. (NYSE:ORCL)

Oracle Corp. (NYSE:ORCL) traded up 0.07% on Monday, reaching $40.30. The company’s stock had a trading volume of 12,010,795 shares. The company has a market capitalization of $165.45 billion, a PE ratio of 19.14 and a beta of 1.19. Oracle Corp. has a one year low of $33.13 and a one year high of $42.00. The firm has a 50-day moving average of $38.83 and a 200-day moving average of $39.89.

Oracle Corp. (NYSE:ORCL) last posted its quarterly earnings results on Thursday, September 15th. The enterprise software provider reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by $0.03. The business 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 firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 earnings per share. Analysts predict that Oracle Corp. will post $2.63 EPS for the current year.

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Several analysts have recently issued reports on ORCL shares. Vetr lowered Oracle Corp. from a “buy” rating to a “hold” rating and set a $41.24 target price on the stock. in a report on Monday, August 15th. BTIG Research reissued a “buy” rating and set a $47.00 target price on shares of Oracle Corp. in a report on Monday, August 22nd. Zacks Investment Research raised Oracle Corp. from a “hold” rating to a “buy” rating and set a $46.00 price objective on the stock in a research note on Wednesday, August 17th. Jefferies Group reaffirmed a “positive” rating and issued a $51.00 price objective on shares of Oracle Corp. in a research note on Monday, August 29th. Finally, Rosenblatt Securities initiated coverage on Oracle Corp. in a research note on Monday, August 8th. They issued a “buy” rating and a $48.00 price objective on the stock. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty-six have given a buy rating to the company. Oracle Corp. has a consensus rating of “Buy” and a consensus target price of $43.79.

In other news, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corp. stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $40.16, for a total value of $150,600.00. Following the sale, the director now directly owns 8,281 shares of the company’s stock, valued at $332,564.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dorian Daley sold 16,065 shares of Oracle Corp. stock in a transaction dated Thursday, September 22nd. The stock was sold at an average price of $39.61, for a total value of $636,334.65. Following the completion of the sale, the executive vice president now directly owns 25,000 shares in the company, valued at $990,250. The disclosure for this sale can be found here. 29.00% of the stock is owned by insiders.

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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