FNY Investment Advisers LLC Buys 1,747 Shares of Oracle Co. (NYSE:ORCL)

FNY Investment Advisers LLC raised its stake in shares of Oracle Co. (NYSE:ORCL - Free Report) by 115.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,258 shares of the enterprise software provider's stock after purchasing an additional 1,747 shares during the period. FNY Investment Advisers LLC's holdings in Oracle were worth $455,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Cookson Peirce & Co. Inc. raised its position in shares of Oracle by 4.4% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider's stock worth $237,000 after acquiring an additional 60 shares in the last quarter. New England Capital Financial Advisors LLC raised its position in shares of Oracle by 6.4% in the 4th quarter. New England Capital Financial Advisors LLC now owns 1,061 shares of the enterprise software provider's stock worth $177,000 after acquiring an additional 64 shares in the last quarter. Cape ANN Savings Bank raised its position in shares of Oracle by 1.1% in the 4th quarter. Cape ANN Savings Bank now owns 5,820 shares of the enterprise software provider's stock worth $970,000 after acquiring an additional 65 shares in the last quarter. Greenwood Gearhart Inc. raised its position in shares of Oracle by 1.2% in the 4th quarter. Greenwood Gearhart Inc. now owns 5,731 shares of the enterprise software provider's stock worth $955,000 after acquiring an additional 66 shares in the last quarter. Finally, WorthPointe LLC raised its position in shares of Oracle by 4.0% in the 4th quarter. WorthPointe LLC now owns 1,734 shares of the enterprise software provider's stock worth $289,000 after acquiring an additional 67 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Price Performance

Shares of NYSE ORCL opened at $215.54 on Monday. Oracle Co. has a twelve month low of $118.86 and a twelve month high of $216.98. The stock's 50 day moving average price is $152.88 and its 200-day moving average price is $160.31. The company has a market capitalization of $602.86 billion, a PE ratio of 52.70, a PEG ratio of 3.46 and a beta of 1.32. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.64 by $0.06. The company had revenue of $15.90 billion for the quarter, compared to analysts' expectations of $15.58 billion. Oracle had a net margin of 21.16% and a return on equity of 133.25%. Oracle's revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.63 EPS. On average, equities analysts anticipate that Oracle Co. will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 10th will be issued a $0.50 dividend. The ex-dividend date is Thursday, July 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.93%. Oracle's dividend payout ratio (DPR) is presently 46.08%.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The shares were 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. The trade was a 5.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman Jeffrey Henley sold 400,000 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $190.42, for a total transaction of $76,168,000.00. Following the sale, the insider now directly owns 1,097,576 shares in the company, valued at $209,000,421.92. The trade was a 26.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 427,366 shares of company stock valued at $80,183,723 in the last 90 days. 42.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ORCL shares. Westpark Capital lifted their price objective on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research report on Thursday. BMO Capital Markets upgraded Oracle from a "market perform" rating to an "outperform" rating and raised their target price for the company from $200.00 to $235.00 in a research note on Friday. Barclays raised their target price on Oracle from $202.00 to $221.00 and gave the company an "overweight" rating in a research note on Friday. Wall Street Zen downgraded Oracle from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Oracle from $200.00 to $240.00 and gave the company a "buy" rating in a research note on Thursday. Twelve research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $194.32.

Oracle Company Profile

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.

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