Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $48.86, for a total transaction of $183,225.00. Following the sale, the director now directly owns 18,125 shares in the company, valued at $885,587.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, July 17th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $50.30, for a total transaction of $188,625.00.
  • On Thursday, June 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $44.57, for a total transaction of $167,137.50.

Oracle Corporation (NYSE ORCL) opened at 48.925 on Wednesday. Oracle Corporation has a 12-month low of $37.62 and a 12-month high of $51.85. The company has a market cap of $202.39 billion, a price-to-earnings ratio of 22.138 and a beta of 1.06. The firm’s 50-day moving average is $49.98 and its 200 day moving average is $45.60. Oracle Corporation also was the recipient of some unusual options trading on Tuesday. Investors acquired 19,908 call options on the stock. This represents an increase of approximately 103% compared to the average daily volume of 9,799 call options.

Oracle Corporation (NYSE:ORCL) last announced its quarterly earnings data on Wednesday, June 21st. The enterprise software provider reported $0.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.11. Oracle Corporation had a return on equity of 20.90% and a net margin of 24.74%. The firm had revenue of $10.94 billion during the quarter, compared to the consensus estimate of $10.45 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The business’s revenue was up 3.3% on a year-over-year basis. On average, equities analysts expect that Oracle Corporation will post $2.96 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 2nd. Shareholders of record on Wednesday, July 19th were given a $0.19 dividend. The ex-dividend date of this dividend was Monday, July 17th. This represents a $0.76 annualized dividend and a yield of 1.56%. Oracle Corporation’s payout ratio is currently 34.55%.

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Several equities analysts have recently weighed in on ORCL shares. Bank of America Corporation dropped their price objective on shares of Oracle Corporation from $62.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, June 30th. Zacks Investment Research raised shares of Oracle Corporation from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research report on Tuesday, May 16th. Argus raised shares of Oracle Corporation from a “hold” rating to a “buy” rating and set a $61.00 price objective on the stock in a research report on Friday, June 23rd. Societe Generale lowered shares of Oracle Corporation from a “buy” rating to a “hold” rating and dropped their price objective for the company from $51.00 to $50.00 in a research report on Thursday, May 11th. Finally, KeyCorp raised shares of Oracle Corporation from a “sector weight” rating to an “overweight” rating and set a $61.00 price objective on the stock in a research report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and thirty have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $50.70.

A number of hedge funds have recently made changes to their positions in ORCL. Acrospire Investment Management LLC increased its stake 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 buying an additional 1,800 shares during the last quarter. Burt Wealth Advisors increased its position 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 worth $107,000 after buying an additional 88 shares in the last quarter. Reilly Financial Advisors LLC increased its position in shares of 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 in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its position 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 worth $112,000 after buying an additional 2,300 shares in the last quarter. Finally, Gradient Investments LLC increased its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 58.79% of the company’s stock.

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)

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