Oracle Corp. (NYSE: ORCL) is 35.74% higher on its value in year-to-date trading and has touched a low of $99.26 and a high of $146.59 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 $140.17 in the last trading session, with the day’s gains setting it 2.94%.
Currently trading at $143.11, the stock is 1.09% and 8.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.02 million and changing 2.10% at the moment leaves the stock 21.27% off its SMA200. ORCL registered 21.64% gain for a year compared to 6-month gain of 29.98%.
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The stock witnessed a 1.14% loss in the last 1 month and extending the period to 3 months gives it a 24.95%, and is 0.35% up 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 1.72% over the week and 1.93% over the month.
Oracle Corp. (ORCL) has around 159000 employees, a market worth around $394.39B and $52.96B in sales. Current P/E ratio is 38.61 and Fwd P/E is 19.90. Profit margin for the company is 19.76%. Distance from 52-week low is 44.18% and -2.37% from its 52-week high. The company has generated returns on investments over the last 12 months (11.47%).
with sales reaching $13.24B over the same period.The EPS is expected to grow by 12.46% this year, but quarterly earnings will post 9.40% year-over-year.
Oracle Corp. (ORCL) Top Institutional Holders
The shares outstanding are 2.75B, and float is at 1.60B with Short Float at 0.83%.
Oracle Corp. (ORCL) Insider Activity
The most recent transaction is an insider sale by PANETTA LEON E,the company’sDirector. SEC filings show that PANETTA LEON E sold 15,000 shares of the company’s common stock on Jul 18 ’24 at a price of $137.89 per share for a total of $2.07 million. Following the sale, the insider now owns 58090.0 shares.
Oracle Corp. disclosed in a document filed with the SEC on Jul 16 ’24 that ELLISON LAWRENCE JOSEPH (Executive Chairman) sold a total of 1,125,000 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $142.58 per share for $160.4 million. Following the transaction, the insider now directly holds 1.15 billion shares of the ORCL stock.
Still, SEC filings show that on Jul 15 ’24, ELLISON LAWRENCE JOSEPH (Executive Chairman) disposed off 1,125,000 shares at an average price of $143.69 for $161.65 million. The insider now directly holds 1,145,732,353 shares of Oracle Corp. (ORCL).
