Oracle Corp. (NYSE: ORCL) is 14.87% higher on its value in year-to-date trading and has touched a low of $93.29 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 $123.24 in the last trading session, with the day’s loss setting it -2.13%.
Currently trading at $121.11, the stock is -3.70% and 1.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.18 million and changing -1.73% at the moment leaves the stock 6.52% off its SMA200. ORCL registered 28.98% gain for a year compared to 6-month gain of 10.46%.
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The stock witnessed a -3.51% loss in the last 1 month and extending the period to 3 months gives it a 15.60%, and is -3.03% 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 1.73% over the week and 1.79% over the month.
Oracle Corp. (ORCL) has around 164000 employees, a market worth around $332.87B and $52.51B in sales. Current P/E ratio is 32.00 and Fwd P/E is 19.66. Profit margin for the company is 20.27%. Distance from 52-week low is 29.82% and -8.78% from its 52-week high. The company has generated returns on investments over the last 12 months (12.08%).
The EPS is expected to grow by 9.14% this year.
Oracle Corp. (ORCL) Top Institutional Holders
The shares outstanding are 2.71B, and float is at 1.60B with Short Float at 0.81%.
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).
