Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction that occurred 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 of the company’s stock, valued at $885,043.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

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

Shares of Oracle Corporation (ORCL) traded down $0.26 during midday trading on Friday, reaching $48.94. The company’s stock had a trading volume of 9,965,493 shares, compared to its average volume of 13,197,389. The company has a current ratio of 3.63, a quick ratio of 3.61 and a debt-to-equity ratio of 0.86. Oracle Corporation has a 12 month low of $37.64 and a 12 month high of $53.14. The stock has a market cap of $205,340.00, a P/E ratio of 19.29, a price-to-earnings-growth ratio of 1.87 and a beta of 1.07.

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

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

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Hedge funds and other institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in Oracle Corporation by 4.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 10,159,207 shares of the enterprise software provider’s stock worth $509,383,000 after purchasing an additional 450,836 shares during the period. Partnervest Advisory Services LLC increased its holdings in shares of Oracle Corporation by 0.6% in the 2nd quarter. Partnervest Advisory Services LLC now owns 6,731 shares of the enterprise software provider’s stock valued at $337,000 after acquiring an additional 39 shares during the last quarter. Lockheed Martin Investment Management Co. increased its holdings in shares of Oracle Corporation by 125.6% in the 2nd quarter. Lockheed Martin Investment Management Co. now owns 166,160 shares of the enterprise software provider’s stock valued at $8,331,000 after acquiring an additional 92,500 shares during the last quarter. Pinnacle Financial Partners Inc. increased its holdings in shares of Oracle Corporation by 8.9% in the 2nd quarter. Pinnacle Financial Partners Inc. now owns 113,707 shares of the enterprise software provider’s stock valued at $5,701,000 after acquiring an additional 9,328 shares during the last quarter. Finally, Boston Partners increased its holdings in shares of Oracle Corporation by 20.1% in the 1st quarter. Boston Partners now owns 18,234,179 shares of the enterprise software provider’s stock valued at $813,427,000 after acquiring an additional 3,054,765 shares during the last quarter. Institutional investors own 58.05% of the company’s stock.

Several research analysts recently weighed in on ORCL shares. Jefferies Group LLC reiterated a “buy” rating and set a $60.00 price target on shares of Oracle Corporation in a research report on Tuesday, July 25th. Stifel Nicolaus reiterated a “buy” rating and set a $52.00 price target on shares of Oracle Corporation in a research report on Tuesday, July 25th. BidaskClub cut Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research cut Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $53.00 price target on shares of Oracle Corporation in a research report on Sunday, August 27th. Eleven investment 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. Oracle Corporation has a consensus rating of “Buy” and an average price target of $54.95.

About Oracle Corporation

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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