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

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.

Oracle Corporation (ORCL) traded down 0.04% during mid-day trading on Tuesday, reaching $48.83. 10,663,484 shares of the company’s stock traded hands. The firm has a market cap of $201.99 billion, a PE ratio of 22.10 and a beta of 1.06. The firm has a 50 day moving average of $50.04 and a 200 day moving average of $45.54. Oracle Corporation has a 1-year low of $37.62 and a 1-year high of $51.85.

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

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

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A number of research firms have recently commented on ORCL. UBS AG reissued a “buy” rating and issued a $52.00 target price (up from $48.00) on shares of Oracle Corporation in a research note on Thursday, June 22nd. They noted that the move was a valuation call. BidaskClub cut Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Sanford C. Bernstein reissued an “outperform” rating and issued a $54.00 target price on shares of Oracle Corporation in a research report on Tuesday, June 13th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Oracle Corporation in a research note on Tuesday, June 20th. Finally, MKM Partners reaffirmed a “neutral” rating and issued a $48.00 price objective (up previously from $45.00) on shares of Oracle Corporation in a research note on Friday, June 23rd. One analyst has rated the stock with a sell rating, twelve have given a hold rating and thirty have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $50.70.

A number of hedge funds have recently bought and sold shares of the stock. Raymond James Trust N.A. increased its stake in Oracle Corporation by 1.6% in the first quarter. Raymond James Trust N.A. now owns 96,232 shares of the enterprise software provider’s stock valued at $4,293,000 after buying an additional 1,539 shares during the last quarter. Osborn Williams & Donohoe LLC increased its position in Oracle Corporation by 0.4% in the first quarter. Osborn Williams & Donohoe LLC now owns 131,277 shares of the enterprise software provider’s stock worth $5,856,000 after buying an additional 542 shares in the last quarter. Denali Advisors LLC increased its position in Oracle Corporation by 1,983.6% in the first quarter. Denali Advisors LLC now owns 304,200 shares of the enterprise software provider’s stock worth $13,570,000 after buying an additional 289,600 shares in the last quarter. Hills Bank & Trust Co. increased its position in Oracle Corporation by 15.0% in the first quarter. Hills Bank & Trust Co. now owns 25,058 shares of the enterprise software provider’s stock worth $1,118,000 after buying an additional 3,275 shares in the last quarter. Finally, Paradigm Financial Advisors LLC purchased a new position in Oracle Corporation during the first quarter worth about $288,000. 58.79% of the stock is owned by institutional investors and hedge funds.

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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