Oracle Co. (ORCL) Director Hector Garcia-Molina Sells 3,750 Shares

Oracle Co. (NYSE:ORCL) Director Hector Garcia-Molina sold 3,750 shares of the company’s stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $46.51, for a total value of $174,412.50. Following the transaction, the director now directly owns 18,125 shares in the company, valued at $842,993.75. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Monday, April 16th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $46.08, for a total value of $172,800.00.
  • On Thursday, March 15th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $52.19, for a total value of $195,712.50.
  • On Thursday, February 15th, Hector Garcia-Molina sold 3,750 shares of Oracle stock. The stock was sold at an average price of $49.66, for a total value of $186,225.00.

Oracle stock traded down $0.16 during trading on Thursday, hitting $46.57. The stock had a trading volume of 497,592 shares, compared to its average volume of 15,862,622. Oracle Co. has a 1 year low of $46.46 and a 1 year high of $46.74. The company has a current ratio of 4.33, a quick ratio of 4.30 and a debt-to-equity ratio of 1.16. The company has a market cap of $193.77 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 1.73 and a beta of 1.15.



Oracle (NYSE:ORCL) last posted its quarterly earnings data on Monday, March 19th. The enterprise software provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.72 by $0.11. Oracle had a return on equity of 21.77% and a net margin of 9.25%. The business had revenue of $9.78 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same quarter in the prior year, the business earned $0.69 earnings per share. Oracle’s revenue for the quarter was up 5.4% on a year-over-year basis. equities research analysts forecast that Oracle Co. will post 2.76 earnings per share for the current fiscal year.

Oracle declared that its board has approved a stock repurchase plan on Friday, February 2nd that permits the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization permits the enterprise software provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 1st. Investors of record on Tuesday, April 17th were paid a $0.19 dividend. The ex-dividend date of this dividend was Monday, April 16th. This represents a $0.76 annualized dividend and a yield of 1.63%. Oracle’s payout ratio is 30.52%.

A number of research analysts recently weighed in on ORCL shares. Wedbush reaffirmed an “outperform” rating and set a $55.00 price target on shares of Oracle in a research note on Tuesday, March 20th. Credit Suisse Group reaffirmed a “buy” rating and set a $62.00 price target on shares of Oracle in a research note on Sunday, February 18th. Morgan Stanley reaffirmed a “buy” rating on shares of Oracle in a research note on Sunday, March 18th. JPMorgan Chase reaffirmed a “buy” rating and set a $55.00 price target on shares of Oracle in a research note on Tuesday, March 20th. Finally, Cleveland Research downgraded Oracle from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 20th. Seventeen equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $56.30.

A number of institutional investors have recently bought and sold shares of ORCL. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its position in shares of Oracle by 4.8% during the first quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 400,000 shares of the enterprise software provider’s stock worth $18,300,000 after acquiring an additional 18,300 shares in the last quarter. NEXT Financial Group Inc lifted its position in shares of Oracle by 14.2% during the first quarter. NEXT Financial Group Inc now owns 10,746 shares of the enterprise software provider’s stock worth $492,000 after acquiring an additional 1,334 shares in the last quarter. Tuttle Tactical Management purchased a new stake in shares of Oracle during the first quarter worth $1,159,000. Private Capital Group LLC lifted its position in shares of Oracle by 271.7% during the first quarter. Private Capital Group LLC now owns 9,058 shares of the enterprise software provider’s stock worth $414,000 after acquiring an additional 6,621 shares in the last quarter. Finally, Laurel Wealth Advisors Inc. purchased a new stake in shares of Oracle during the first quarter worth $243,000. Institutional investors and hedge funds own 57.79% of the company’s stock.

Oracle Company Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology (IT) environments worldwide. It provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

Insider Buying and Selling by Quarter for Oracle (NYSE:ORCL)

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