Oracle Corporation (NYSE:ORCL) EVP Dorian Daley sold 76,703 shares of Oracle Corporation stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $49.00, for a total transaction of $3,758,447.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Dorian Daley also recently made the following trade(s):

  • On Monday, October 2nd, Dorian Daley sold 23,297 shares of Oracle Corporation stock. The shares were sold at an average price of $49.00, for a total transaction of $1,141,553.00.
  • On Thursday, September 21st, Dorian Daley sold 25,776 shares of Oracle Corporation stock. The shares were sold at an average price of $48.05, for a total transaction of $1,238,536.80.

Shares of Oracle Corporation (NYSE:ORCL) traded down 0.86% during trading on Friday, reaching $48.49. 7,914,283 shares of the company were exchanged. The stock has a market capitalization of $202.35 billion, a price-to-earnings ratio of 21.09 and a beta of 1.05. The company has a 50 day moving average price of $49.52 and a 200-day moving average price of $47.49. Oracle Corporation has a one year low of $37.62 and a one year high of $53.14.

Oracle Corporation (NYSE:ORCL) last announced its quarterly earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, beating the 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 business had revenue of $9.21 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the firm posted $0.55 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Equities analysts predict that Oracle Corporation will post $2.94 EPS for the current year.

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

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Several brokerages recently weighed in on ORCL. UBS AG reiterated a “buy” rating and issued a $52.00 price objective (up from $48.00) on shares of Oracle Corporation in a research report on Thursday, June 22nd. They noted that the move was a valuation call. Piper Jaffray Companies began coverage on shares of Oracle Corporation in a research report on Wednesday. They issued an “overweight” rating and a $55.00 price objective on the stock. Goldman Sachs Group, Inc. (The) set a $56.00 price objective on shares of Oracle Corporation and gave the company a “buy” rating in a research report on Friday. Drexel Hamilton reiterated a “buy” rating and issued a $62.00 price objective on shares of Oracle Corporation in a research report on Monday. Finally, KeyCorp reiterated a “buy” rating on shares of Oracle Corporation in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and thirty-one have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $53.37.

A number of institutional investors have recently made changes to their positions in the business. Neville Rodie & Shaw Inc. increased its position in Oracle Corporation by 16.9% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 246,351 shares of the enterprise software provider’s stock worth $11,911,000 after buying an additional 35,531 shares during the period. Eqis Capital Management Inc. increased its position in Oracle Corporation by 7.2% during the 3rd quarter. Eqis Capital Management Inc. now owns 47,422 shares of the enterprise software provider’s stock worth $2,293,000 after buying an additional 3,195 shares during the period. Curbstone Financial Management Corp increased its position in Oracle Corporation by 104.7% during the 3rd quarter. Curbstone Financial Management Corp now owns 13,134 shares of the enterprise software provider’s stock worth $635,000 after buying an additional 6,717 shares during the period. Perpetual Ltd increased its position in Oracle Corporation by 1.0% during the 2nd quarter. Perpetual Ltd now owns 604,009 shares of the enterprise software provider’s stock worth $30,285,000 after buying an additional 5,860 shares during the period. Finally, MPS Loria Financial Planners LLC bought a new position in Oracle Corporation during the 2nd quarter worth $180,000. 58.66% of the stock is owned by institutional investors and hedge funds.

Oracle Corporation 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 Corporation (NYSE:ORCL)

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