Range Financial Group LLC increased its holding in Oracle Co. by 9.4% in the first quarter, acquiring 178 shares to bring its total to 2,081 shares worth $261,000. Other institutional investors and hedge funds also made changes to their positions in ORCL. V Square Quantitative Management LLC purchased a new position in Oracle, Fuller & Thaler Asset Management Inc. increased its holdings by 5.1%, Federated Hermes Inc. increased its holdings by 39.8%, Cary Street Partners Investment Advisory LLC increased its stake by 22.3%, and Personal CFO Solutions LLC increased its stake by 13.3%. Analyst ratings for ORCL have been positive, with upgrades and raised price targets from several research firms. Insiders have been active in trading their shares, with notable transactions by Edward Screven and George H. Conrades. In the last quarter, corporate insiders sold 348,418 shares of company stock. Oracle’s stock performance has been stable, opening at $139.85 with a market capitalization of $385.41 billion. The company recently reported quarterly earnings results where it missed analysts’ estimates. Oracle also announced a quarterly dividend of $0.40 per share to be paid on July 25. Oracle Corporation offers various products and services for enterprise information technology environments globally.
Article Source
https://www.defenseworld.net/2024/06/25/range-financial-group-llc-grows-stake-in-oracle-co-nyseorcl.html