Oracle Co. (ORCL) Director Sells $183,112.50 in Stock

Oracle Co. (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $48.83, for a total value of $183,112.50. Following the transaction, the director now owns 18,125 shares in the company, valued at approximately $885,043.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, October 16th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The shares were sold at an average price of $48.70, for a total value of $182,625.00.
  • On Friday, September 15th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The shares were sold at an average price of $50.35, for a total value of $188,812.50.

Shares of Oracle Co. (NYSE:ORCL) traded down $0.26 during trading hours on Friday, reaching $48.94. The company’s stock had a trading volume of 9,965,493 shares, compared to its average volume of 12,352,142. The company has a current ratio of 3.63, a quick ratio of 3.61 and a debt-to-equity ratio of 0.86. The stock has a market cap of $204,250.39, a PE ratio of 19.19, a P/E/G ratio of 1.86 and a beta of 1.07. Oracle Co. has a 12 month low of $37.64 and a 12 month high of $53.14.

Oracle (NYSE:ORCL) last issued its earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.02. The company had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $9.03 billion. Oracle had a return on equity of 20.55% and a net margin of 25.34%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 EPS. analysts predict that Oracle Co. will post 2.68 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 11th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend was Tuesday, October 10th. Oracle’s payout ratio is currently 33.19%.

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A number of large investors have recently modified their holdings of ORCL. Acrospire Investment Management LLC lifted its stake in shares of Oracle by 947.4% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,990 shares of the enterprise software provider’s stock valued at $100,000 after purchasing an additional 1,800 shares during the last quarter. Burt Wealth Advisors lifted its stake in shares of Oracle by 4.3% in the 2nd quarter. Burt Wealth Advisors now owns 2,151 shares of the enterprise software provider’s stock valued at $107,000 after purchasing an additional 88 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in shares of Oracle by 1,150.0% in the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 2,500 shares of the enterprise software provider’s stock valued at $112,000 after purchasing an additional 2,300 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of Oracle by 81,200.0% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,439 shares of the enterprise software provider’s stock valued at $118,000 after purchasing an additional 2,436 shares during the last quarter. Finally, TrimTabs Asset Management LLC lifted its stake in shares of Oracle by 88.8% in the 1st quarter. TrimTabs Asset Management LLC now owns 2,687 shares of the enterprise software provider’s stock valued at $120,000 after purchasing an additional 1,264 shares during the last quarter. Institutional investors own 58.05% of the company’s stock.

Several equities analysts have issued reports on the company. Wedbush reiterated an “outperform” rating and issued a $58.00 target price on shares of Oracle in a research note on Friday, September 15th. UBS AG reiterated a “buy” rating and issued a $57.00 target price (up previously from $52.00) on shares of Oracle in a research note on Friday, September 15th. J P Morgan Chase & Co set a $55.00 target price on Oracle and gave the company a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research lowered Oracle from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. Finally, Jefferies Group LLC lifted their target price on Oracle from $60.00 to $61.00 and gave the company a “buy” rating in a research note on Friday, September 15th. Eleven analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $54.95.

Oracle 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 (NYSE:ORCL)

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