Oracle Corporation (ORCL) Director Sells $183,112.50 in Stock

Oracle Corporation (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $48.83, for a total transaction of $183,112.50. Following the completion of the transaction, the director now owns 18,125 shares of the company’s stock, valued at approximately $885,043.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, October 16th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $48.70, for a total transaction of $182,625.00.
  • On Friday, September 15th, Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock. The stock was sold at an average price of $50.35, for a total transaction of $188,812.50.

Shares of Oracle Corporation (NYSE:ORCL) traded up $0.38 during mid-day trading on Thursday, reaching $49.20. The company’s stock had a trading volume of 11,600,000 shares, compared to its average volume of 12,380,000. Oracle Corporation has a one year low of $37.64 and a one year high of $53.14. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.61 and a current ratio of 3.63. The firm has a market capitalization of $205,340.00, a P/E ratio of 19.29, a PEG ratio of 1.87 and a beta of 1.07.

Oracle Corporation (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $9.03 billion. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. Oracle Corporation’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $0.55 earnings per share. sell-side analysts expect that Oracle Corporation will post 2.68 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Wednesday, October 11th were paid a $0.19 dividend. The ex-dividend date was Tuesday, October 10th. This represents a $0.76 annualized dividend and a dividend yield of 1.54%. Oracle Corporation’s payout ratio is 33.19%.

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Several institutional investors have recently made changes to their positions in the company. Keel Point LLC grew its stake in shares of Oracle Corporation by 0.3% in the second quarter. Keel Point LLC now owns 5,349 shares of the enterprise software provider’s stock worth $268,000 after acquiring an additional 14 shares during the last quarter. Alpha Windward LLC boosted its stake in Oracle Corporation by 0.3% during the second quarter. Alpha Windward LLC now owns 5,568 shares of the enterprise software provider’s stock worth $279,000 after buying an additional 19 shares in the last quarter. Joel Isaacson & Co. LLC boosted its stake in Oracle Corporation by 0.3% during the second quarter. Joel Isaacson & Co. LLC now owns 8,197 shares of the enterprise software provider’s stock worth $411,000 after buying an additional 24 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in Oracle Corporation by 0.4% during the second quarter. Flagship Harbor Advisors LLC now owns 8,110 shares of the enterprise software provider’s stock worth $404,000 after buying an additional 35 shares in the last quarter. Finally, Partnervest Advisory Services LLC boosted its stake in Oracle Corporation by 0.6% during the second quarter. Partnervest Advisory Services LLC now owns 6,731 shares of the enterprise software provider’s stock worth $337,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 58.05% of the company’s stock.

Several research firms have recently weighed in on ORCL. Jefferies Group LLC reissued a “buy” rating and issued a $60.00 price target on shares of Oracle Corporation in a research note on Tuesday, July 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $52.00 price objective on shares of Oracle Corporation in a research report on Tuesday, July 25th. BidaskClub cut shares of Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research cut shares of Oracle Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $53.00 price objective on shares of Oracle Corporation in a research report on Sunday, August 27th. Eleven investment analysts have rated the stock with a hold rating, thirty-two have given a buy rating and one has given a strong buy rating to the company’s stock. Oracle Corporation has an average rating of “Buy” and a consensus price target of $54.95.

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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