APG Asset Management N.V. reduced its position in shares of Oracle Corp. (NYSE:ORCL) by 4.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,121,786 shares of the enterprise software provider’s stock after selling 450,788 shares during the period. Oracle Corp. accounts for about 0.7% of APG Asset Management N.V.’s portfolio, making the stock its 26th largest position. APG Asset Management N.V. owned about 0.25% of Oracle Corp. worth $397,584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ORCL. AIMZ Investment Advisors LLC increased its stake in shares of Oracle Corp. by 1.5% in the first quarter. AIMZ Investment Advisors LLC now owns 20,176 shares of the enterprise software provider’s stock valued at $825,000 after buying an additional 302 shares during the last quarter. Lombard Odier Transatlantic Limited Partnership increased its stake in shares of Oracle Corp. by 11.9% in the first quarter. Lombard Odier Transatlantic Limited Partnership now owns 61,585 shares of the enterprise software provider’s stock valued at $2,518,000 after buying an additional 6,550 shares during the last quarter. Avalon Advisors LLC increased its stake in shares of Oracle Corp. by 12.1% in the first quarter. Avalon Advisors LLC now owns 395,884 shares of the enterprise software provider’s stock valued at $16,196,000 after buying an additional 42,730 shares during the last quarter. First Republic Investment Management Inc. increased its stake in shares of Oracle Corp. by 70.2% in the first quarter. First Republic Investment Management Inc. now owns 1,840,845 shares of the enterprise software provider’s stock valued at $75,310,000 after buying an additional 759,502 shares during the last quarter. Finally, Cullinan Associates Inc. increased its stake in shares of Oracle Corp. by 25.4% in the first quarter. Cullinan Associates Inc. now owns 160,600 shares of the enterprise software provider’s stock valued at $6,570,000 after buying an additional 32,500 shares during the last quarter. 56.94% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Oracle Corp. (NYSE:ORCL) opened at 40.30 on Tuesday. Oracle Corp. has a one year low of $33.13 and a one year high of $42.00. The firm has a market capitalization of $165.45 billion, a price-to-earnings ratio of 19.14 and a beta of 1.19. The stock has a 50 day moving average of $38.88 and a 200-day moving average of $39.90.

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

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ORCL has been the subject of several research analyst reports. Vetr raised shares of Oracle Corp. from a “buy” rating to a “strong-buy” rating and set a $46.33 price target for the company in a research note on Tuesday, September 6th. Zacks Investment Research downgraded shares of Oracle Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 6th. DA Davidson reaffirmed a “buy” rating and set a $52.00 price target on shares of Oracle Corp. in a research note on Saturday, September 17th. Cowen and Company set a $46.00 price target on shares of Oracle Corp. and gave the company a “buy” rating in a research note on Tuesday, October 25th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $51.00 price target on shares of Oracle Corp. in a research note on Tuesday, September 13th. Three research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and twenty-seven have given a buy rating to the company. Oracle Corp. has a consensus rating of “Buy” and an average target price of $43.85.

In other Oracle Corp. news, Director Hector Garcia-Molina sold 3,750 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The shares were 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 legal filing with the SEC, which is available through this link. Also, EVP Dorian Daley sold 16,065 shares of the business’s stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $39.61, for a total transaction of $636,334.65. Following the sale, the executive vice president now owns 25,000 shares of the company’s stock, valued at $990,250. The disclosure for this sale can be found here. 29.00% of the stock is currently owned by corporate 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.

5 Day Chart for NYSE:ORCL

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