OneAscent Financial Services LLC raised its holdings in Oracle Co. by 19.7% in the first quarter, adding 799 shares to own 4,857 shares valued at $610,000. Other institutional investors also acquired shares in Oracle during different periods. Analyst ratings on ORCL stock varied with different price targets and recommendations, ranging from “neutral” to “outperform.” Internal activity at Oracle included director George H. Conrades selling shares, as well as other directors selling a significant number of shares in recent transactions. Oracle shares rose by 0.7% with the company posting earnings results slightly below analysts’ expectations. The company also recently declared a quarterly dividend to be paid out in July. Oracle Corporation offers a range of cloud software applications through its Oracle Cloud Software as a Service offering, serving various enterprise information technology environments globally. Insiders have sold a significant number of shares in Oracle over the past few months.
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OneAscent Financial Services LLC Increases Investment in Oracle Co. (NYSE:ORCL)
