Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $48.86, for a total value of $183,225.00. Following the completion of the transaction, the director now directly owns 18,125 shares in the company, valued at approximately $885,587.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Monday, July 17th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $50.30, for a total value of $188,625.00.
  • On Thursday, June 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $44.57, for a total value of $167,137.50.

Shares of Oracle Corporation (NYSE:ORCL) traded down 0.04% during mid-day trading on Tuesday, hitting $48.83. The stock had a trading volume of 10,663,484 shares. The firm has a market cap of $201.99 billion, a PE ratio of 22.10 and a beta of 1.06. Oracle Corporation has a 52-week low of $37.62 and a 52-week high of $51.85. The firm has a 50 day moving average price of $50.04 and a 200 day moving average price of $45.54.

Oracle Corporation (NYSE:ORCL) last issued its quarterly earnings results on Wednesday, June 21st. The enterprise software provider reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.11. The firm had revenue of $10.94 billion for the quarter, compared to analysts’ expectations of $10.45 billion. Oracle Corporation had a return on equity of 20.90% and a net margin of 24.74%. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 EPS. Equities analysts predict that Oracle Corporation will post $2.96 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 2nd. Shareholders of record on Wednesday, July 19th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Monday, July 17th. Oracle Corporation’s dividend payout ratio is presently 34.55%.

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Several brokerages recently issued reports on ORCL. Stifel Nicolaus reissued a “buy” rating and set a $52.00 target price on shares of Oracle Corporation in a research note on Tuesday, July 25th. Pacific Crest reissued an “equal weight” rating on shares of Oracle Corporation in a research note on Friday, June 23rd. MKM Partners reissued a “neutral” rating and set a $48.00 target price (up previously from $45.00) on shares of Oracle Corporation in a research note on Friday, June 23rd. Mitsubishi UFJ Financial Group set a $63.00 target price on Oracle Corporation and gave the company a “buy” rating in a research note on Monday, June 26th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $60.00 target price on shares of Oracle Corporation in a research note on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and thirty have issued a buy rating to the stock. Oracle Corporation has a consensus rating of “Buy” and an average price target of $50.70.

A number of large investors have recently made changes to their positions in the stock. Boston Partners raised its stake in shares of Oracle Corporation by 20.1% in the first quarter. Boston Partners now owns 18,234,179 shares of the enterprise software provider’s stock worth $813,427,000 after buying an additional 3,054,765 shares in the last quarter. Quotient Investors LLC raised its stake in shares of Oracle Corporation by 263.2% in the first quarter. Quotient Investors LLC now owns 41,811 shares of the enterprise software provider’s stock valued at $1,865,000 after buying an additional 30,300 shares during the period. BerganKDV Wealth Management LLC raised its stake in shares of Oracle Corporation by 2.3% in the second quarter. BerganKDV Wealth Management LLC now owns 11,586 shares of the enterprise software provider’s stock valued at $581,000 after buying an additional 255 shares during the period. Gateway Investment Advisers LLC raised its stake in shares of Oracle Corporation by 0.9% in the first quarter. Gateway Investment Advisers LLC now owns 1,867,556 shares of the enterprise software provider’s stock valued at $83,312,000 after buying an additional 17,458 shares during the period. Finally, Macquarie Group Ltd. raised its stake in shares of Oracle Corporation by 16.2% in the fourth quarter. Macquarie Group Ltd. now owns 288,854 shares of the enterprise software provider’s stock valued at $11,107,000 after buying an additional 40,221 shares during the period. 58.79% of the stock is currently owned by institutional investors.

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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