Investors sold shares of Oracle Corporation (NYSE:ORCL) on strength during trading on Friday. $80.92 million flowed into the stock on the tick-up and $138.71 million flowed out of the stock on the tick-down, for a money net flow of $57.79 million out of the stock. Of all companies tracked, Oracle had the 0th highest net out-flow for the day. Oracle traded up $1.08 for the day and closed at $49.60

A number of equities analysts have issued reports on the stock. Jefferies Group raised their price target on shares of Oracle from $60.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday, September 15th. Credit Suisse Group assumed coverage on shares of Oracle in a research report on Tuesday, September 5th. They set an “outperform” rating and a $62.00 price target for the company. Vetr raised shares of Oracle from a “buy” rating to a “strong-buy” rating and set a $55.49 price target for the company in a research report on Monday, November 13th. Zacks Investment Research lowered shares of Oracle from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Finally, BidaskClub raised shares of Oracle from a “hold” rating to a “buy” rating in a research report on Tuesday, September 12th. Twelve equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $55.04.

The stock has a market capitalization of $207,004.89, a P/E ratio of 19.45, a PEG ratio of 1.89 and a beta of 1.05. 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 (NYSE:ORCL) last released its quarterly earnings results on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. Oracle had a net margin of 25.34% and a return on equity of 20.55%. The firm had revenue of $9.21 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter last year, the company earned $0.55 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. research analysts forecast that Oracle Corporation will post 2.68 EPS for the current year.

In other Oracle news, Director Jeffrey Berg sold 45,000 shares of the firm’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $48.03, for a total value of $2,161,350.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of the firm’s stock in a transaction 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 completion of the transaction, the director now owns 18,125 shares in the company, valued at approximately $885,043.75. The disclosure for this sale can be found here. Insiders sold a total of 305,776 shares of company stock worth $14,821,999 in the last three months. 29.00% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Oracle by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 206,441,876 shares of the enterprise software provider’s stock worth $10,350,996,000 after acquiring an additional 5,270,359 shares during the period. BlackRock Inc. raised its holdings in shares of Oracle by 2.5% during the 2nd quarter. BlackRock Inc. now owns 193,791,492 shares of the enterprise software provider’s stock worth $9,716,707,000 after acquiring an additional 4,678,977 shares during the period. State Street Corp raised its holdings in shares of Oracle by 1.0% during the 1st quarter. State Street Corp now owns 123,195,917 shares of the enterprise software provider’s stock worth $5,495,769,000 after acquiring an additional 1,187,802 shares during the period. Harris Associates L P raised its holdings in shares of Oracle by 17.9% during the 2nd quarter. Harris Associates L P now owns 48,989,216 shares of the enterprise software provider’s stock worth $2,456,319,000 after acquiring an additional 7,427,501 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Oracle by 4.6% during the 2nd quarter. Northern Trust Corp now owns 42,098,104 shares of the enterprise software provider’s stock worth $2,110,799,000 after acquiring an additional 1,835,835 shares during the period. Institutional investors own 57.70% of the company’s stock.

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About Oracle

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.

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