Oracle Co. (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction that occurred on Monday, April 17th. The stock was sold at an average price of $44.00, for a total transaction of $165,000.00. Following the completion of the transaction, the director now directly owns 8,281 shares of the company’s stock, valued at approximately $364,364. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, March 15th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $42.86, for a total transaction of $160,725.00.
  • On Wednesday, February 15th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $40.95, for a total transaction of $153,562.50.
  • On Tuesday, January 17th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $39.09, for a total transaction of $146,587.50.

Shares of Oracle Co. (NYSE:ORCL) traded up 0.52% during trading on Tuesday, hitting $44.52. 8,277,650 shares of the company’s stock were exchanged. The stock has a market cap of $183.19 billion, a PE ratio of 21.06 and a beta of 1.14. The stock’s 50-day moving average price is $43.92 and its 200-day moving average price is $40.65. Oracle Co. has a 1-year low of $37.62 and a 1-year high of $46.99.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Wednesday, March 15th. The enterprise software provider reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.07. Oracle had a net margin of 23.69% and a return on equity of 21.33%. 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 firm earned $0.64 earnings per share. Oracle’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, equities analysts expect that Oracle Co. will post $2.63 earnings per share for the current fiscal year.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. Investors of record on Wednesday, April 12th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.72%. This is a positive change from Oracle’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Monday, April 10th. Oracle’s dividend payout ratio (DPR) is currently 28.99%.

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A number of institutional investors have recently added to or reduced their stakes in the company. Gradient Investments LLC raised its position in Oracle 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. Orrstown Financial Services Inc. raised its position in Oracle by 88.9% in the first quarter. Orrstown Financial Services Inc. now owns 2,915 shares of the enterprise software provider’s stock worth $130,000 after buying an additional 1,372 shares in the last quarter. Proficio Capital Partners LLC raised its position in Oracle by 4.5% in the third quarter. Proficio Capital Partners LLC now owns 3,151 shares of the enterprise software provider’s stock worth $124,000 after buying an additional 135 shares in the last quarter. Penserra Capital Management LLC raised its position in Oracle by 64.4% in the third quarter. Penserra Capital Management LLC now owns 3,276 shares of the enterprise software provider’s stock worth $128,000 after buying an additional 1,283 shares in the last quarter. Finally, Pinnacle Bank acquired a new position in Oracle during the first quarter worth approximately $160,000. 57.95% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have issued reports on ORCL. Credit Suisse Group AG reiterated a “neutral” rating on shares of Oracle in a research report on Thursday, December 22nd. Wedbush reiterated a “neutral” rating and issued a $43.00 target price on shares of Oracle in a research report on Thursday, April 13th. Jefferies Group LLC reiterated a “buy” rating and issued a $52.00 target price on shares of Oracle in a research report on Friday, April 7th. William Blair reiterated a “market perform” rating on shares of Oracle in a research report on Monday, December 19th. Finally, Zacks Investment Research upgraded shares of Oracle from a “sell” rating to a “hold” rating in a research report on Tuesday, February 7th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company. Oracle has an average rating of “Buy” and an average price target of $46.01.

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.

5 Day Chart for NYSE:ORCL

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