GoalVest Advisory LLC recently bought 700 shares of Oracle Co. valued at $88,000 in the first quarter, according to a Securities and Exchange Commission filing. Other institutional investors, such as Invst LLC, Nemes Rush Group LLC, Avidian Wealth Solutions LLC, Sovereign Financial Group Inc., and Godshalk Welsh Capital Management Inc., have also increased their stakes in the company. Insider information shows that Edward Screven and director Jeffrey Berg sold shares of the company. Several brokerage firms have set new price targets for Oracle, with analysts giving the company a mix of neutral and buy ratings.
Oracle’s stock performance shows a 12-month high of $145.32 and a low of $99.26, with a market capitalization of $386.4 billion. The company reported quarterly results with an EPS of $1.63, missing estimates by $0.02. Revenue for the quarter was $14.29 billion. Oracle also announced a quarterly dividend of $0.40 to be paid on July 25th, with a dividend yield of 1.14%.
Oracle Corporation provides enterprise IT products and services globally, including cloud software applications like Oracle Fusion cloud ERP, Oracle Fusion cloud human capital management, and Oracle NetSuite. Analysts forecast the company to post EPS of $5.01 for the current year.
In summary, Oracle Co. has seen increased interest from institutional investors, insider selling of shares, and a mix of buy and hold ratings from analysts based on recent performance and earnings reports. The company’s diverse range of cloud software applications and future growth prospects make it an interesting investment opportunity for many.
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https://www.defenseworld.net/2024/06/28/goalvest-advisory-llc-buys-shares-of-700-oracle-co-nyseorcl.html