Jennison Associates LLC raised its stake in Oracle Co. by 2.3% in the first quarter, owning 208,587 shares worth $26,201,000. Other investors like Westend Capital Management and Orion Capital Management also acquired stakes. Internal activity at Oracle showed insider selling of shares, reflecting a trend over the past 90 days. Analyst reports have varied, with multiple upgrades and downgrades. ORCL stock has a consensus rating of “moderate buy” with a price target of $145.83. ORCL shares opened at $140.66, with a 52-week low of $99.26 and high of $145.79. Oracle’s financial performance showed a miss in earnings per share in the last quarter. The company also announced a quarterly dividend. Oracle Corporation offers a range of cloud software applications globally.
In summary, Jennison Associates LLC increased its stake in Oracle Co., while other investors also acquired shares. Internal activity at Oracle showed insider selling, and analyst reports varied. ORCL stock has a consensus rating of “moderate buy” with a price target of $145.83. Oracle’s financial performance showed a miss in earnings per share in the last quarter, and the company announced a quarterly dividend. Oracle Corporation offers a range of cloud software applications globally.
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https://www.defenseworld.net/2024/07/10/oracle-co-nyseorcl-shares-acquired-by-jennison-associates-llc.html
