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Hexagon Capital Partners LLC decreases its holdings in Oracle Co. (NYSE:ORCL)

Hexagon Capital Partners LLC decreases its holdings in Oracle Co. (NYSE:ORCL)



Hexagon Capital Partners LLC reduced its stake in Oracle Co. by 14.4% in the first quarter, selling 531 shares and now holding 3,164 shares worth $397,000. Other institutional investors and hedge funds have also made changes to their positions in ORCL, with 42.44% of shares being held by them. Wall Street analysts predict growth for Oracle, with price targets and ratings updated by research firms. Internal activity at Oracle includes director George H. Conrad selling shares of the company’s stock. In the last quarter, insiders have sold shares totaling $53,002,729. Oracle’s price performance shows fluctuations and specific financial indicators. The company’s latest quarterly earnings data showed a slight miss on EPS but an increase in revenue year-over-year. Analysts predict earnings per share of $5.01 for the current year. Oracle also announced a quarterly dividend to be paid soon. The company provides various cloud software applications and services to enterprise IT environments globally. Investors can track holdings and insider trading of Oracle through 13F filings and stay updated with news and ratings from MarketBeat.com.

Article Source
https://www.defenseworld.net/2024/07/02/hexagon-capital-partners-llc-reduces-position-in-oracle-co-nyseorcl.html

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