Its sales stood at 0.80% a year on average in the period of last five years. The stock appeared $41.59 above its 52-week highs and is up 3.38% for the last five trades. The company rocked its 52-Week High of $42 on Mar 21, 2016 and touched its 52-Week Low of $35.77 on Feb 24, 2016. Rosenblatt Securities reaffirmed a "buy" rating and set a $48.00 price target on shares of Oracle Corporation in a research note on Tuesday, December 13th. The consensus rating is 2.3, suggesting the market has given up on the stock. 14 Wall Street Firms have rated the stock as a strong buys.
Oracle Corporation (NYSE:ORCL) shares ended at $41.59 with 10.13 mln shares exchanging hands. Insiders have sold 52,500 shares of company stock valued at $2,042,175 in the last ninety days.
To find out the technical position of ORCL, it holds price to book ratio of 3.48 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach.
Oracle Corporation (NYSE:ORCL) last posted its quarterly earnings results on Thursday, December 15th. Higher EPS estimate is noted at $0.70 while lowest EPS estimate among analysts is targeted at $0.60.
Average Revenue Estimate for the current quarter is $8.99 Billion, according to consensus forecast of 27 analysts. The firm's revenue for the quarter was up.5% compared to the same quarter past year. The Zacks Research consensus before the earnings release was $0.55. GARCIA-MOLINA HECTOR now owns 6,406 shares in the company after this transaction.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 26th. In the past 5 years, the stock showed growth of 0.08% per annum. Shareholders of record on Thursday, January 5th were given a $0.15 dividend.
The Average Volume of the company is 9.24 Million, while the Relative Volume of the company is 0.73. Oracle Corporation's dividend payout ratio is 28.99%.
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If we look at stock performance in last active day trading, we see that stock has moved up 0.43% to end the day at $41.59. Hedge funds and other institutional investors own 57.95% of the company's stock. The Average Volume (3 months) is 12.73 Million. The disclosure for this sale can be found here. Also, Director Naomi O. Seligman sold 45,000 shares of the company's stock in a transaction dated Wednesday, December 21st. The stock went up 6.59% at some stage in past quarter.
Institutional investors now hold around $99.05 billion or 60.4% in ORCL stock. Tesco Pension Investment Ltd acquired a new stake in Oracle Corporation during the third quarter valued at approximately $140,937,000. After this sale, 15,051 common shares of ORCL are directly owned by the insider, with total stake valued at $625,971. Enterprise Financial Services Corp boosted its position in Oracle Corporation by 0.8% in the second quarter. TIAA CREF Trust Co.
Oracle Corporation on 12/15/2016 reported its EPS as $0.61 with the analysts projecting the EPS of the stock as $0.6. Following the completion of the transaction, the director now owns 8,281 shares of the company's stock, valued at $323,455.86.
Oracle Corporation is one of the worlds leading suppliers of software for information management. The companys software products can be categorized into two broad areas: Systems software and Internet business applications software. 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.