Central Valley Advisors LLC Has $217,000 Stock Position in Oracle Co. (NYSE:ORCL)

Central Valley Advisors LLC cut its stake in Oracle Co. (NYSE:ORCL - Free Report) by 48.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,555 shares of the enterprise software provider's stock after selling 1,435 shares during the period. Central Valley Advisors LLC's holdings in Oracle were worth $217,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Sunbeam Capital Management LLC acquired a new stake in Oracle during the fourth quarter worth $30,000. Hurley Capital LLC bought a new position in shares of Oracle during the 4th quarter worth about $33,000. Synergy Investment Management LLC acquired a new stake in shares of Oracle during the 4th quarter valued at about $34,000. TFC Financial Management Inc. increased its stake in Oracle by 129.0% in the fourth quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock valued at $35,000 after acquiring an additional 120 shares during the period. Finally, Mpwm Advisory Solutions LLC acquired a new position in Oracle in the fourth quarter worth about $36,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Westpark Capital began coverage on Oracle in a research note on Tuesday, April 1st. They issued a "buy" rating and a $195.00 price objective on the stock. Mizuho dropped their price objective on Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Evercore ISI cut their price objective on Oracle from $200.00 to $185.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. UBS Group reaffirmed a "market perform" rating on shares of Oracle in a report on Tuesday, March 11th. Finally, BMO Capital Markets lifted their price target on shares of Oracle from $175.00 to $200.00 and gave the company a "market perform" rating in a report on Monday. Thirteen equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $177.35.

Oracle Trading Up 0.3%

Shares of ORCL stock traded up $0.46 during trading hours on Tuesday, reaching $177.61. The company had a trading volume of 11,039,682 shares, compared to its average volume of 9,517,060. Oracle Co. has a 1-year low of $118.86 and a 1-year high of $198.31. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $496.77 billion, a price-to-earnings ratio of 43.43, a P/E/G ratio of 3.46 and a beta of 1.32. The company has a 50 day moving average of $147.83 and a 200 day moving average of $160.13.

Oracle (NYSE:ORCL - Get Free Report) last released its earnings results on Monday, March 10th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.02). The company had revenue of $14.13 billion during the quarter, compared to analyst estimates of $14.40 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. The company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.41 EPS. On average, equities research analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Insider Buying and Selling at Oracle

In other news, Director Naomi O. Seligman sold 2,000 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $145.81, for a total transaction of $291,620.00. Following the sale, the director now owns 34,630 shares of the company's stock, valued at $5,049,400.30. This trade represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Leon E. Panetta sold 5,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $129.77, for a total value of $648,850.00. Following the completion of the transaction, the director now owns 58,090 shares of the company's stock, valued at $7,538,339.30. This represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,366 shares of company stock valued at $4,015,723. Corporate insiders own 42.20% of the company's stock.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.