Insider Activity of Oracle Corporation (NYSE:ORCL)

Jeannie Matthews
January 14, 2018

Insiders sold 111,250 shares of company stock valued at $5,306,238 in the last three months.

Oracle (ORCL) traded up $0.56 during trading hours on Tuesday, reaching $49.51.

Oracle announced that its Board of Directors has initiated a share repurchase plan on Thursday, December 14th that authorizes the company to buyback $12.00 billion in outstanding shares. It has underperformed by 2.62% the S&P500. The institutional investor held 577,645 shares of the prepackaged software company at the end of 2017Q3, valued at $27.93M, up from 564,690 at the end of the previous reported quarter. Amica Mutual Insurance Company who had been investing in Oracle Corporation for a number of months, seems to be bullish on the $201.95B market cap company. The stock increased 1.35% or $0.126 during the last trading session, reaching $9.506. About 19,568 shares traded. Brookdale Senior Living Inc. Kadant Inc. (NYSE:KAI) has risen 45.38% since January 12, 2017 and is uptrending. It has underperformed by 37.45% the S&P500.

Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 12, 2017 and is uptrending. Its down 0.15, from 1.1 in 2017Q2. It dived, as 7 investors sold BMTC shares while 38 reduced holdings. Bessemer Grp Incorporated Inc invested in 0% or 28,600 shares. Morgan Stanley maintained Parker-Hannifin Corporation (NYSE:PH) on Thursday, March 2 with "Overweight" rating. Willingdon Wealth Management stated it has 0.29% in Oracle Corporation (NYSE:ORCL). Tower Bridge Advisors reported 274,130 shares stake. Ally Inc holds 0.28% or 30,000 shares in its portfolio. Following the sale, the executive vice president now owns 136,954 shares in the company, valued at approximately $6,517,640.86. Curbstone accumulated 13,134 shares. Investors analyze price earnings ratio (P/E) ratio that helps how much they should pay for a stock based on its current earnings. The Oregon-based Pioneer Retail Bank N A Or has invested 2.23% in Oracle Corporation (NYSE:ORCL). Highland Ltd Liability owns 195,257 shares for 0.75% of their portfolio. The insider, DALEY DORIAN, now holds 36,954 shares of ORCL. U S Global Investors Inc owns 34,630 shares or 1.68% of their United States portfolio. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twenty-eight have given a buy rating to the stock. Therefore 57% are positive. Of those analysts, 18 rate stock as a Strong Buy, 8 rate it as Hold, and just no analyst rates it as a Moderate Sell.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stifel Nicolaus maintained the stock with "Buy" rating in Monday, July 24 report. The stock of Parker-Hannifin Corporation (NYSE:PH) earned "Neutral" rating by JP Morgan on Friday, October 9. RBC Capital Markets has "Top Pick" rating and $37 target. The stock has "Buy" rating by Mizuho on Thursday, October 6. iBERIA Capital Partners maintained the stock with "Outperform" rating in Tuesday, March 22 report. Jefferies maintained Scripps Networks Interactive, Inc. Benchmark has "Buy" rating and $55 target. Barclays Capital has "Equal-Weight" rating and $21 target. The stock of Energen Corporation (NYSE:EGN) earned "Buy" rating by Deutsche Bank on Wednesday, October 14. RBC Capital Markets downgraded the shares of BKD in report on Wednesday, November 2 to "Outperform" rating. Citigroup maintained the shares of EGN in report on Thursday, April 7 with "Neutral" rating.

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Following the sale, the chairman now owns 96,325 shares of the company's stock, valued at approximately $8,041,211. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

S Muoio & Company decreased Gogo Inc (NASDAQ:GOGO) stake by 40,000 shares to 218,010 valued at $2.58M in 2017Q3. It also reduced its holding in Advent Claymore Enh Grw & In (LCM) by 88,780 shares in the quarter, leaving it with 26,775 shares, and cut its stake in Nexpoint Cr Strategies Fd.

Investors sentiment decreased to 1.18 in 2017 Q3. Its up 0.18, from 0.95 in 2017Q2. Sold All: 67 Reduced: 498 Increased: 519 New Position: 122.

A number of hedge funds and other institutional investors have recently made changes to their positions in ORCL. Analysts forecast that Oracle Corporation will post $2.56 earnings per share for the current fiscal year. Advisor Partners Lc owns 61,438 shares for 0.58% of their portfolio. Sentry, Ontario - Canada-based fund reported 4.22 million shares. While for the Next 5 years, the company could expect a growth of 8.92% per annum, whereas in the past Five years Oracle Corporation (NYSE:ORCL) showed a growth of -0.47 Percent per annum. Moreover, Halbert Hargrove Russell Ltd Company has 0.09% invested in Oracle Corporation (NYSE:ORCL). Halbert Hargrove Russell Ltd holds 0.09% or 6,840 shares. Perkins Coie Commerce has invested 1.37% in Oracle Corporation (NYSE:ORCL). 64,554 were reported by Torch Wealth Management Limited Liability Corp. The firm designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, and AIRCAT or NITROCAT names through in-house sales personnel and manufacturersÂ' representatives to retailers, distributors, and private label customers; and markets pipe and bolt dies, pipe taps, wrenches, vises and stands, pipe and tubing cutting equipment, hydrostatic test pumps, and replacement electrical components for various pipe cutting and threading machines through industrial distributors and contractors. Cornerstone holds 132,972 shares. Sandy Spring Retail Bank has 0.24% invested in Oracle Corporation (NYSE:ORCL) for 51,048 shares. Moreover, Blackrock Inc. has 0% invested in the company for 205,702 shares.

Shares of Apple Hospitality REIT Inc (APLE) are moving on volatility today -0.25% or -0.05 from the open. Of those holders, 780 had increased positions amounting to 134.84 million shares, 719 had decreased positions amounting to 145.3 million shares, and 214 holders have a held position accounting for 2.13 billion shares. ValuEngine raised Oracle from a "hold" rating to a "buy" rating in a research note on Friday, September 1st.

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