1,965 Shares in Oracle Co. (NYSE:ORCL) Purchased by Trilogy Capital Inc.

Trilogy Capital Inc. purchased a new position in Oracle Co. (NYSE:ORCL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,965 shares of the enterprise software provider’s stock, valued at approximately $247,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Oracle during the fourth quarter valued at approximately $1,210,181,000. Wellington Management Group LLP increased its stake in shares of Oracle by 9,299.3% during the third quarter. Wellington Management Group LLP now owns 8,170,999 shares of the enterprise software provider’s stock valued at $865,472,000 after purchasing an additional 8,084,067 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Oracle by 5.7% during the third quarter. Vanguard Group Inc. now owns 147,273,413 shares of the enterprise software provider’s stock valued at $15,599,200,000 after purchasing an additional 7,883,515 shares in the last quarter. Boston Partners increased its stake in shares of Oracle by 382.4% during the fourth quarter. Boston Partners now owns 4,563,366 shares of the enterprise software provider’s stock valued at $481,820,000 after purchasing an additional 3,617,413 shares in the last quarter. Finally, Capital World Investors increased its stake in shares of Oracle by 22.1% during the fourth quarter. Capital World Investors now owns 18,384,162 shares of the enterprise software provider’s stock valued at $1,938,242,000 after purchasing an additional 3,323,334 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Oracle

In other news, insider Edward Screven sold 235,918 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $144.30, for a total value of $34,042,967.40. Following the sale, the insider now directly owns 2,626,764 shares in the company, valued at approximately $379,042,045.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Edward Screven sold 235,918 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $144.30, for a total value of $34,042,967.40. Following the sale, the insider now directly owns 2,626,764 shares in the company, valued at approximately $379,042,045.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey Berg sold 22,500 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $143.12, for a total transaction of $3,220,200.00. Following the completion of the sale, the director now owns 210,712 shares in the company, valued at $30,157,101.44. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 385,639 shares of company stock worth $53,002,729. Insiders own 42.80% of the company’s stock.

Oracle Price Performance

Shares of ORCL stock traded up $1.02 on Friday, hitting $141.20. 25,814,821 shares of the stock traded hands, compared to its average volume of 11,264,646. The company has a debt-to-equity ratio of 8.25, a current ratio of 0.71 and a quick ratio of 0.72. The firm has a market cap of $389.13 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 2.56 and a beta of 1.01. The firm has a 50 day simple moving average of $125.24 and a two-hundred day simple moving average of $118.08. Oracle Co. has a 52 week low of $99.26 and a 52 week high of $145.32.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, June 11th. The enterprise software provider reported $1.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.02). The company had revenue of $14.29 billion during the quarter, compared to the consensus estimate of $14.57 billion. Oracle had a net margin of 19.76% and a return on equity of 223.01%. The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.35 earnings per share. As a group, equities research analysts predict that Oracle Co. will post 5.01 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 25th. Shareholders of record on Thursday, July 11th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $1.60 dividend on an annualized basis and a yield of 1.13%. Oracle’s dividend payout ratio is currently 43.13%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Evercore ISI raised their target price on shares of Oracle from $145.00 to $160.00 and gave the company an “outperform” rating in a research note on Wednesday, June 12th. Argus raised their price target on shares of Oracle from $145.00 to $159.00 and gave the company a “buy” rating in a research report on Tuesday, June 18th. JPMorgan Chase & Co. raised their price target on shares of Oracle from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, June 12th. JMP Securities reissued a “market perform” rating on shares of Oracle in a research report on Tuesday, June 11th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $125.00 price target on shares of Oracle in a research report on Tuesday, June 25th. Fourteen investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $145.83.

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.