Central Valley Advisors LLC Has $217,000 Holdings in Oracle Co. (NYSE:ORCL)

Central Valley Advisors LLC cut its holdings in shares of Oracle Co. (NYSE:ORCL) by 48.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,555 shares of the enterprise software provider’s stock after selling 1,435 shares during the period. Central Valley Advisors LLC’s holdings in Oracle were worth $217,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sunbeam Capital Management LLC bought a new stake in Oracle during the 4th quarter worth approximately $30,000. Hurley Capital LLC bought a new stake in Oracle during the 4th quarter worth approximately $33,000. Synergy Investment Management LLC bought a new stake in Oracle during the 4th quarter worth approximately $34,000. TFC Financial Management Inc. boosted its position in Oracle by 129.0% in the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider’s stock valued at $35,000 after buying an additional 120 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC bought a new position in Oracle in the 4th quarter valued at $36,000. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of recent research reports. Royal Bank of Canada reiterated an “outperform” rating on shares of Oracle in a research report on Monday. Barclays decreased their price objective on Oracle from $212.00 to $202.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 11th. UBS Group reiterated a “market perform” rating on shares of Oracle in a research report on Tuesday, March 11th. Stifel Nicolaus decreased their price objective on Oracle from $175.00 to $150.00 and set a “hold” rating on the stock in a research report on Tuesday, March 11th. Finally, BMO Capital Markets increased their price objective on Oracle from $175.00 to $200.00 and gave the company a “market perform” rating in a research report on Monday. Thirteen equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $177.35.

Oracle Stock Up 1.8%

ORCL opened at $177.19 on Tuesday. The company has a fifty day moving average price of $147.83 and a 200-day moving average price of $160.13. The firm has a market capitalization of $495.60 billion, a P/E ratio of 43.32, a price-to-earnings-growth ratio of 3.46 and a beta of 1.32. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. Oracle Co. has a one year low of $118.86 and a one year high of $198.31.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.02). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $14.13 billion for the quarter, compared to the consensus estimate of $14.40 billion. During the same period in the prior year, the firm posted $1.41 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. Equities research analysts expect that Oracle Co. will post 5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total transaction of $291,620.00. Following the completion of the transaction, the director now directly owns 34,630 shares of the company’s stock, valued at approximately $5,049,400.30. This represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Leon E. Panetta sold 17,500 shares of the company’s stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $151.24, for a total transaction of $2,646,700.00. Following the transaction, the director now directly owns 58,090 shares of the company’s stock, valued at approximately $8,785,531.60. This trade represents a 23.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,366 shares of company stock valued at $4,015,723 over the last three months. Insiders own 42.20% of the company’s stock.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.