Edward Screven, an insider at Oracle Co. (NYSE:ORCL), recently sold 37,221 shares of Oracle stock for a total value of $5,218,011.99 at an average price of $140.19 per share. Following this sale, Screven now owns 2,626,764 shares in the company worth $368,246,045.16. Additionally, on June 20th, Screven sold 235,918 shares of Oracle stock for $34,042,967.40 at an average price of $144.30 per share.
Oracle (NYSE:ORCL) opened at $141.20 on Friday and currently has a market cap of $389.13 billion. The company’s stock performance includes a P/E ratio of 38.06, a PEG ratio of 2.51, and a beta of 1.01. Oracle Co. has a quick ratio of 0.72, a current ratio of 0.71, and a debt-to-equity ratio of 8.25. The 50-day moving average price for Oracle stock is $125.24, while the 200-day moving average price is $117.96. The company’s twelve month low is $99.26 and the high is $145.32.
In its latest earnings report on June 11th, Oracle revealed earnings per share of $1.63 for the quarter, slightly below analysts’ estimates of $1.65. The company had a net margin of 19.76% and a return on equity of 223.01%, with revenue totaling $14.29 billion. Analysts predict that Oracle Co. will post EPS of 5.01 for the current fiscal year.
Oracle also announced a quarterly dividend of $0.40 per share to be paid on July 25th. The ex-dividend date is July 11th, with an annualized dividend of $1.60 and a yield of 1.13%. Oracle’s dividend payout ratio (DPR) currently stands at 43.13%.
Institutional investors have shown interest in Oracle, with notable moves by Norges Bank, Wellington Management Group LLP, Vanguard Group Inc., Janus Henderson Group PLC, and Boston Partners. These entities have acquired significant stakes in Oracle over recent quarters.
Wall Street analysts have shared their views on Oracle stock, with a consensus rating of “Moderate Buy” and a target price of $145.83. Analysts from Bank of America, Mizuho, Deutsche Bank Aktiengesellschaft, HSBC, and Argus have provided price targets and ratings for Oracle.
Oracle Corporation provides enterprise information technology products and services globally, including Oracle cloud software-as-a-service offerings such as Oracle Fusion cloud ERP, Oracle Fusion cloud supply chain and manufacturing management, and Oracle Fusion Sales, Service, and Marketing applications.
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