The Dempze Nancy E Cuts Position in Oracle Corporation (ORCL)

Cornelia Mascio
Aprile 18, 2017

On Thursday, Shares of Oracle Corporation (NYSE:ORCL) lost -0.41% to $44.00. The stock appeared -5.96% below its 52-week highs and is up 4.40% for the last five trades. Wedbush's price objective points to a potential downside of 2.27% from the company's previous close.

ORCL has been the subject of a number of recent analyst reports. William Blair reissued a "market perform" rating on shares of Oracle in a research report on Monday, December 19th.

Now the shares of Oracle Corporation (ORCL) has a trading volume of 11.84 Million shares, with an average trading volume of 12060 shares - with shares dropping to a 52 week low of $37.31, and the company's shares hitting a 52 week high of $ 46.79.

The stock subtracted in the prior trading session by -0.41%, closing at the stock price of $44.

Analysts expect that Oracle Co. Vetr upgraded Oracle from a "hold" rating to a "buy" rating and set a $47.09 target price on the stock in a research note on Monday, March 20th. Analysts have a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock is now trading down its SMA 50 of $9.52. (NYSE:ORCL) will post earnings per share (EPS) of $0.73 for the current fiscal quarter, according to Zacks. Following the completion of the sale, the chief executive officer now owns 903,891 shares of the company's stock, valued at $41,976,698.04.

Oracle Co. has a 52-week low of $37.62 and a 52-week high of $46.99. Shares are trading 0.37% above their 50-day moving average, and 4.79% below their 200-day moving average.

Currently, the market capitalization of Oracle Corporation (ORCL) is 181.05 Billion.

Oracle (NYSE:ORCL) last released its earnings results on Wednesday, March 15th. The enterprise software provider reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The business earned $9.27 billion during the quarter, compared to the consensus estimate of $9.25 billion. Oracle Corporation had a return on equity of 21.33% and a net margin of 23.69%. The company's revenue was up 2.9% on a year-over-year basis. The company has dropped -14.41% in past 3 months and in the last five trades has moved down -7.83%.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. Investors of record on Thursday, January 5th were paid a dividend of $0.15 per share. Magellan Asset Management Ltd increased its position in Oracle Corporation by 1.5% in the second quarter. The ex-dividend date is Monday, April 10th. Average true range (ATR-14) of the company sets at 0.56, along with its weekly and monthly volatility of 1.11%, 1.26% respectively. Oracle's dividend payout ratio (DPR) is now 28.99%.

Shares of Oracle Co. The original version of this story can be viewed at Also, Director Naomi O. Seligman sold 45,000 shares of the stock in a transaction dated Wednesday, December 21st.

On 9/3/2013 Mark Hurd, President, sold 500,000 with an average share price of $32.23 per share and the total transaction amounting to $16,115,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.44 on scale of 1-5. The stock was sold at an average price of $42.86, for a total value of $160,725.00. Following the transaction, the director now owns 8,281 shares of the company's stock, valued at $323,704.29. The disclosure for this sale can be found here. The shares were sold at an average price of $40.95, for a total value of $153,562.50.

A number of hedge funds and other institutional investors have recently bought and sold shares of ORCL. Alpha Windward LLC raised its position in Oracle by 0.9% in the third quarter. Integrated Investment Consultants LLC now owns 19,240 shares of the enterprise software provider's stock worth $732,000 after buying an additional 200 shares during the period.

Sather Financial Group Inc raised its position in Oracle Co. St. Johns Investment Management Company LLC raised its position in shares of Oracle by 2.4% in the third quarter. Magellan Asset Management Ltd now owns 27,617,584 shares of the enterprise software provider's stock valued at $1,130,388,000 after buying an additional 415,490 shares during the last quarter. Jolley Asset Management LLC raised its position in shares of Oracle by 1,888.9% in the third quarter. Proficio Capital Partners LLC now owns 3,151 shares of the enterprise software provider's stock worth $124,000 after buying an additional 135 shares during the period. First Bank & Trust purchased a new position in shares of Oracle during the fourth quarter worth about $141,000.

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