Oracle Corp (NYSE: ORCL) is 2.24% higher on its value in year-to-date trading and has touched a low of $106.51 and a high of $198.31 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 $162.02 in the last trading session, with the day’s gains setting it 8.36%.
Currently trading at $170.38, the stock is 2.79% and -2.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.94 million and changing 5.16% at the moment leaves the stock 12.20% off its SMA200. ORCL registered 49.78% gain for a year compared to 6-month gain of 25.58%. The firm has a 50-day simple moving average (SMA 50) of $174.6042 and a 200-day simple moving average (SMA200) of $151.6138.
The stock witnessed a 0.84% loss in the last 1 month and extending the period to 3 months gives it a -1.18%, and is -8.63% 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 5.96% over the week and 3.30% over the month.
Oracle Corp (ORCL) has around 159000 employees, a market worth around $476.55B and $54.93B in sales. Current P/E ratio is 41.69 and Fwd P/E is 24.28. Profit margin for the company is 21.16%. Distance from 52-week low is 59.97% and -14.08% from its 52-week high. The company has generated returns on investments over the last 12 months (12.34%).
with sales reaching $14.39B over the same period.The EPS is expected to grow by 10.47% this year, but quarterly earnings will post 8.96% year-over-year. Quarterly sales are estimated to grow 8.36% in year-over-year returns.
3832.0 institutions hold shares in Oracle Corp (ORCL), with institutional investors hold 76.77% of the company’s shares. The shares outstanding are 2.80B, and float is at 1.64B with Short Float at 1.26%. Institutions hold 44.83% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 153.15 million shares valued at $21.63 billion. The investor’s holdings represent 5.5631 of the ORCL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 128.6 million shares valued at $18.16 billion to account for 4.6714 of the shares outstanding. The other top investors are STATE STREET CORP which holds 68.59 million shares representing 2.4916 and valued at over $9.69 billion, while FMR LLC holds 1.4544 of the shares totaling 40.04 million with a market value of $5.65 billion.
Oracle Corp (ORCL) Insider Activity
The most recent transaction is an insider sale by CATZ SAFRA, the company’s Chief Executive Officer. SEC filings show that CATZ SAFRA sold 2,101,154 shares of the company’s common stock on Jan 22 ’25 at a price of $185.35 per share for a total of $389.45 million. Following the sale, the insider now owns 1.12 million shares.
Oracle Corp disclosed in a document filed with the SEC on Jan 23 ’25 that CATZ SAFRA (Chief Executive Officer) sold a total of 1,358,754 shares of the company’s common stock. The trade occurred on Jan 23 ’25 and was made at $185.43 per share for $251.95 million. Following the transaction, the insider now directly holds 1.12 million shares of the ORCL stock.
Still, SEC filings show that on Jan 24 ’25, CATZ SAFRA (Chief Executive Officer) disposed off 345,174 shares at an average price of $185.56 for $64.05 million. The insider now directly holds 1,118,592 shares of Oracle Corp (ORCL).
