4,150 Shares in Oracle Corporation $ORCL Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC acquired a new stake in Oracle Corporation (NYSE:ORCL) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,150 shares of the enterprise software provider’s stock, valued at approximately $907,000.

Several other large investors also recently modified their holdings of the business. Snider Financial Group boosted its stake in shares of Oracle by 1.3% during the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock valued at $701,000 after buying an additional 40 shares during the last quarter. SNS Financial Group LLC increased its stake in shares of Oracle by 0.9% in the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock worth $1,070,000 after buying an additional 42 shares during the last quarter. PKS Advisory Services LLC raised its holdings in Oracle by 1.9% in the second quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider’s stock valued at $483,000 after acquiring an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. boosted its stake in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after acquiring an additional 43 shares during the last quarter. Finally, Creative Capital Management Investments LLC grew its holdings in Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the sale, the chief executive officer owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 204,254 shares of company stock valued at $60,227,807 in the last ninety days. Insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ORCL shares. Erste Group Bank lowered shares of Oracle from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Wolfe Research upped their price objective on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $320.00 target price on shares of Oracle in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $375.00 price target on shares of Oracle in a research report on Wednesday, November 26th. Finally, Citigroup reduced their price objective on Oracle from $415.00 to $375.00 and set a “buy” rating on the stock in a research note on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $320.84.

Oracle Stock Up 0.5%

Oracle stock opened at $221.70 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a 50-day simple moving average of $250.65 and a 200-day simple moving average of $241.02. The firm has a market capitalization of $632.02 billion, a P/E ratio of 51.32, a P/E/G ratio of 2.50 and a beta of 1.66.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. As a group, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.