Oracle Corp. (NYSE: ORCL) is 18.47% higher on its value in year-to-date trading and has touched a low of $93.20 and a high of $132.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORCL stock was last observed hovering at around $124.19 in the last trading session, with the day’s gains setting it 0.71%.
Currently trading at $124.90, the stock is 0.24% and 5.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.84 million and changing 0.57% at the moment leaves the stock 9.94% off its SMA200. ORCL registered 32.87% gain for a year compared to 6-month gain of 16.64%. The firm has a 50-day simple moving average (SMA 50) of $8.02 and a 200-day simple moving average (SMA200) of $20.23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 11.25% loss in the last 1 month and extending the period to 3 months gives it a 21.75%, and is -0.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 2.09% over the month.
Oracle Corp. (ORCL) has around 164000 employees, a market worth around $343.29B and $52.51B in sales. Current P/E ratio is 33.00 and Fwd P/E is 20.28. Profit margin for the company is 20.27%. Distance from 52-week low is 34.01% and -5.93% from its 52-week high. The company has generated returns on investments over the last 12 months (12.08%).
Oracle Corp. quarterly earnings per share for the current quarter are estimated at $1.65 with sales reaching $14.56B over the same period.The EPS is expected to grow by 9.14% this year, but quarterly earnings will post 6.60% year-over-year. Quarterly sales are estimated to grow 5.20% in year-over-year returns.
Oracle Corp. (ORCL) Top Institutional Holders
3,337 institutions hold shares in Oracle Corp. (ORCL), with institutional investors hold 75.68% of the company’s shares. The shares outstanding are 2.71B, and float is at 1.60B with Short Float at 1.05%. Institutions hold 43.92% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 139.39 million shares valued at $16.6 billion. The investor’s holdings represent 5.09% of the ORCL Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 120.63 million shares valued at $14.37 billion to account for 4.40% of the shares outstanding. The other top investors are State Street Corporation which holds 63.51 million shares representing 2.32% and valued at over $7.56 billion, while JP Morgan Chase & Company holds 1.24% of the shares totaling 34.1 million with a market value of $4.06 billion.
Oracle Corp. (ORCL) Insider Activity
The most recent transaction is an insider sale by CATZ SAFRA,the company’sChief Executive Officer. SEC filings show that CATZ SAFRA sold 810,000 shares of the company’s common stock on Mar 27 ’24 at a price of $125.06 per share for a total of $101.29 million. Following the sale, the insider now owns 1.12 million shares.
Oracle Corp. disclosed in a document filed with the SEC on Mar 26 ’24 that CATZ SAFRA (Chief Executive Officer) sold a total of 790,000 shares of the company’s common stock. The trade occurred on Mar 26 ’24 and was made at $126.54 per share for $99.97 million. Following the transaction, the insider now directly holds 1.12 million shares of the ORCL stock.
Still, SEC filings show that on Mar 25 ’24, CATZ SAFRA (Chief Executive Officer) disposed off 1,150,000 shares at an average price of $126.53 for $145.51 million. The insider now directly holds 1,118,592 shares of Oracle Corp. (ORCL).
