Norden Group LLC increased its stake in Oracle Co. by 7.9% in the first quarter, acquiring 665 additional shares. Other hedge funds have also made changes, with Invst LLC, Nemes Rush Group LLC, Avidian Wealth Solutions LLC, Sovereign Financial Group Inc., and Godshalk Welsh Capital Management Inc. increasing their positions in the company. Insider activity includes Edward Screven selling 235,918 shares, while Director George H. Conrad sold 20,000 shares. Oracle’s shares opened at $144.80 on Friday, with a one-year low of $99.26 and a high of $145.79. The company reported earnings per share of $1.63, missing estimates by $0.02. They announced a quarterly dividend of $0.40 per share, with analysts predicting earnings per share of $5.01 for the current fiscal year. Analysts have given Oracle various ratings, with a consensus rating of a “moderate buy” and an average price target of $145.83. Oracle provides cloud software applications and services worldwide. Investors can track Oracle’s performance through information from HoldingsChannel.com and receive daily news and ratings.
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https://www.defenseworld.net/2024/07/06/oracle-co-nyseorcl-shares-acquired-by-norden-group-llc.html
Norden Group LLC Buys Shares of Oracle Co. (NYSE:ORCL)
