Signaturefd LLC increased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 17.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 9,479 shares of the enterprise software provider’s stock after purchasing an additional 1,432 shares during the period. Signaturefd LLC’s holdings in Oracle Corporation were worth $423,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in Oracle Corporation by 1,150.0% during 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 purchasing an additional 2,300 shares during the period. Reilly Financial Advisors LLC grew its holdings in Oracle Corporation by 8.7% during the first quarter. Reilly Financial Advisors LLC now owns 2,503 shares of the enterprise software provider’s stock worth $112,000 after purchasing an additional 200 shares during the period. TrimTabs Asset Management LLC grew its holdings in Oracle Corporation by 88.8% during the first quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider’s stock worth $120,000 after purchasing an additional 1,264 shares during the period. Heritage Trust Co bought a new position in Oracle Corporation during the first quarter worth about $130,000. Finally, Clean Yield Group bought a new position in Oracle Corporation during the first quarter worth about $131,000. Institutional investors and hedge funds own 58.67% of the company’s stock.

A number of equities research analysts have recently issued reports on ORCL shares. Credit Suisse Group started coverage on Oracle Corporation in a report on Tuesday. They set an “outperform” rating and a $62.00 price objective for the company. KeyCorp restated a “buy” rating and set a $61.00 price objective on shares of Oracle Corporation in a report on Tuesday, July 18th. MKM Partners restated a “neutral” rating and set a $48.00 price objective (up previously from $45.00) on shares of Oracle Corporation in a report on Friday, June 23rd. Cowen and Company restated an “outperform” rating and set a $55.00 price objective (up previously from $48.00) on shares of Oracle Corporation in a report on Thursday, June 22nd. Finally, Bank of America Corporation restated a “buy” rating and set a $62.00 price objective (up previously from $54.00) on shares of Oracle Corporation in a report on Thursday, June 22nd. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and thirty-one have given a buy rating to the company’s stock. Oracle Corporation presently has an average rating of “Buy” and an average price target of $51.47.

In other news, insider Thomas Kurian sold 750,000 shares of Oracle Corporation stock in a transaction dated Tuesday, July 18th. The shares were sold at an average price of $50.46, for a total transaction of $37,845,000.00. Following the sale, the insider now owns 783,533 shares of the company’s stock, valued at approximately $39,537,075.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $44.57, for a total transaction of $167,137.50. Following the sale, the director now directly owns 18,125 shares in the company, valued at approximately $807,831.25. The disclosure for this sale can be found here. Insiders have sold a total of 1,817,500 shares of company stock worth $91,560,925 in the last ninety days. Insiders own 29.00% of the company’s stock.

Oracle Corporation (NYSE:ORCL) traded down 0.29% during trading on Friday, hitting $51.58. 10,356,483 shares of the stock were exchanged. The stock has a market cap of $213.37 billion, a P/E ratio of 23.34 and a beta of 1.05. The stock has a 50 day moving average of $49.81 and a 200-day moving average of $46.65. Oracle Corporation has a 52 week low of $37.62 and a 52 week high of $51.88.

Oracle Corporation (NYSE:ORCL) last announced its earnings results on Wednesday, June 21st. The enterprise software provider reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.11. The firm had revenue of $10.94 billion for the quarter, compared to analyst estimates of $10.45 billion. Oracle Corporation had a net margin of 24.74% and a return on equity of 20.90%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 EPS. Equities analysts expect that Oracle Corporation will post $2.95 EPS for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Oracle Corporation (NYSE:ORCL)

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