Currently, there are 2.71B common shares owned by the public and among those 1.60B shares have been available to trade.
Insiders at the company have transacted a total of 86 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 39 of these insider trades were purchases, accounting for 13,216,204 shares. Insider sales of the common stock occurred on 47 occasions, with total insider shares sold totaling 13,014,245 shares.
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However, the script later moved the day high at 110.76, down -2.57%. The company’s stock has a 5-day price change of -6.38% and -5.42% over the past three months. ORCL shares are trading 2.86% year to date (YTD), with the 12-month market performance up to 23.63% higher. It has a 12-month low price of $82.04 and touched a high of $127.54 over the same period. ORCL has an average intraday trading volume of 9.25 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.16%, -0.80%, and -2.47% respectively.
Institutional ownership of Oracle Corp. (NYSE: ORCL) shares accounts for 43.64% of the company’s 2.71B shares outstanding.
It has a market capitalization of $298.12B and a beta (3y monthly) value of 1.00. The stock’s trailing 12-month PE ratio is 29.99, while the earnings-per-share (ttm) stands at $3.62. The company has a PEG of 2.81 and a Quick Ratio of 0.79 with the debt-to-equity ratio at 22.97. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.64% over the week and 1.72% over the month.
Analysts forecast that Oracle Corp. (ORCL) will achieve an EPS of $1.37 for the current quarter, $1.64 for the next quarter and $6.22 for 2025. The lowest estimate earnings-per-share for the quarter is $1.36 while analysts give the company a high EPS estimate of $1.42. Comparatively, EPS for the current quarter was $1.22 a year ago. Earnings per share for the fiscal year are expected to increase by 8.45%, and 11.85% over the next financial year. EPS should shrink at an annualized rate of 10.68% over the next five years, compared to 29.43% over the past 5-year period.
Looking at the support for the ORCL, a number of firms have released research notes about the stock. BMO Capital Markets stated their Market Perform rating for the stock in a research note on December 12, 2023, with the firm’s price target at $130-$126. Evercore ISI was of a view on October 09, 2023 that the stock is Outperform, while HSBC Securities gave the stock Buy rating on September 15, 2023, issuing a price target of $144. DZ Bank on their part issued Buy rating on September 14, 2023.
