Traders Buy Shares of Oracle (ORCL) on Weakness

Traders purchased shares of Oracle Co. (NYSE:ORCL) on weakness during trading hours on Thursday. $221.43 million flowed into the stock on the tick-up and $140.23 million flowed out of the stock on the tick-down, for a money net flow of $81.20 million into the stock. Of all companies tracked, Oracle had the 9th highest net in-flow for the day. Oracle traded down ($0.01) for the day and closed at $53.05

ORCL has been the subject of several research analyst reports. Nomura set a $53.00 price target on shares of Oracle and gave the stock a “buy” rating in a report on Wednesday, December 12th. Barclays downgraded shares of Oracle from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $60.00 to $55.00 in a report on Wednesday, January 9th. UBS Group reiterated a “neutral” rating and set a $51.00 price target on shares of Oracle in a report on Tuesday, December 18th. Atlantic Securities initiated coverage on shares of Oracle in a report on Wednesday, January 9th. They set an “underweight” rating and a $45.00 price target for the company. Finally, Standpoint Research upgraded shares of Oracle from a “hold” rating to a “buy” rating and set a $42.69 price target for the company in a report on Wednesday, December 26th. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $52.12.

The firm has a market cap of $218.57 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. The company has a quick ratio of 2.80, a current ratio of 2.80 and a debt-to-equity ratio of 1.66.



Oracle (NYSE:ORCL) last issued its quarterly earnings results on Monday, December 17th. The enterprise software provider reported $0.80 EPS for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.10. The business had revenue of $9.57 billion for the quarter, compared to analysts’ expectations of $9.52 billion. Oracle had a net margin of 10.01% and a return on equity of 29.93%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Equities research analysts forecast that Oracle Co. will post 3.07 EPS for the current fiscal year.

In other Oracle news, EVP Dorian Daley sold 6,302 shares of the company’s stock in a transaction on Monday, December 24th. The shares were sold at an average price of $43.24, for a total transaction of $272,498.48. Following the sale, the executive vice president now owns 77,919 shares of the company’s stock, valued at $3,369,217.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $51.51, for a total transaction of $193,162.50. Following the sale, the director now directly owns 27,969 shares in the company, valued at approximately $1,440,683.19. The disclosure for this sale can be found here. Insiders have sold 42,552 shares of company stock worth $1,945,486 in the last ninety days. Insiders own 32.00% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Csenge Advisory Group bought a new position in shares of Oracle during the 3rd quarter worth about $25,000. Massey Quick Simon & CO. LLC boosted its position in shares of Oracle by 220.9% during the 4th quarter. Massey Quick Simon & CO. LLC now owns 600 shares of the enterprise software provider’s stock worth $27,000 after purchasing an additional 413 shares in the last quarter. Riverview Trust Co bought a new position in shares of Oracle during the 4th quarter worth about $35,000. Truehand Inc bought a new position in shares of Oracle during the 4th quarter worth about $36,000. Finally, ERTS Wealth Advisors LLC bought a new position in shares of Oracle during the 4th quarter worth about $36,000. 46.80% of the stock is currently owned by institutional investors and hedge funds.

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Oracle Company Profile (NYSE:ORCL)

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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