Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $45.25, for a total value of $169,687.50. Following the transaction, the director now owns 8,281 shares in the company, valued at $374,715.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, April 17th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The shares were sold at an average price of $44.00, for a total value of $165,000.00.
  • On Wednesday, March 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The shares were sold at an average price of $42.86, for a total value of $160,725.00.
  • On Wednesday, February 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The shares were sold at an average price of $40.95, for a total value of $153,562.50.

Shares of Oracle Corporation (NYSE ORCL) traded up 0.92% during trading on Friday, reaching $45.09. 15,930,868 shares of the company’s stock were exchanged. Oracle Corporation has a 52-week low of $37.62 and a 52-week high of $46.99. The firm has a market capitalization of $185.53 billion, a P/E ratio of 21.33 and a beta of 1.13. The company has a 50 day moving average of $45.14 and a 200 day moving average of $42.53.

Oracle Corporation (NYSE:ORCL) last posted its earnings results on Wednesday, March 15th. The enterprise software provider reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. Oracle Corporation had a net margin of 23.82% and a return on equity of 21.03%. The business had revenue of $9.27 billion for the quarter, compared to analyst estimates of $9.25 billion. During the same period last year, the business posted $0.64 EPS. Oracle Corporation’s revenue was up 2.9% compared to the same quarter last year. Equities analysts anticipate that Oracle Corporation will post $2.64 earnings per share for the current fiscal year.

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

TRADEMARK VIOLATION WARNING: “Oracle Corporation (ORCL) Director Hector Garcia-Molina Sells 3,750 Shares” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of US and international copyright & trademark laws. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/06/16/hector-garcia-molina-sells-3750-shares-of-oracle-co-orcl-stock-updated-updated-updated.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of ORCL. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Oracle Corporation by 3,967.5% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 109,904 shares of the enterprise software provider’s stock worth $110,000 after buying an additional 107,202 shares during the last quarter. Reilly Financial Advisors LLC raised its position in Oracle Corporation by 8.7% in the first quarter. Reilly Financial Advisors LLC now owns 2,503 shares of the enterprise software provider’s stock worth $112,000 after buying an additional 200 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in 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 worth $112,000 after buying an additional 2,300 shares during the last quarter. Gradient Investments LLC raised its position in Oracle Corporation by 79.9% in the first quarter. Gradient Investments LLC now owns 2,548 shares of the enterprise software provider’s stock worth $114,000 after buying an additional 1,132 shares during the last quarter. Finally, TrimTabs Asset Management LLC raised its position in Oracle Corporation by 88.8% in the first quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider’s stock worth $120,000 after buying an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 58.69% of the company’s stock.

ORCL has been the topic of several analyst reports. Bank of America Corporation increased their price objective on Oracle Corporation to $54.00 in a research note on Thursday, March 16th. Canaccord Genuity reissued a “buy” rating and issued a $45.00 target price on shares of Oracle Corporation in a report on Friday, February 24th. Zacks Investment Research raised Oracle Corporation from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a report on Tuesday, May 16th. TheStreet raised Oracle Corporation from a “c+” rating to a “b” rating in a report on Tuesday, February 28th. Finally, Cowen and Company reissued an “outperform” rating and issued a $46.00 target price on shares of Oracle Corporation in a report on Saturday, March 11th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and twenty-six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $46.45.

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.

Receive News & Stock Ratings for Oracle Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle Corporation and related stocks with our FREE daily email newsletter.