Oracle Co. (NYSE:ORCL) Shares Acquired by Transform Wealth LLC

Transform Wealth LLC raised its position in Oracle Co. (NYSE:ORCL - Free Report) by 4,055.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,408 shares of the enterprise software provider's stock after acquiring an additional 64,810 shares during the quarter. Transform Wealth LLC's holdings in Oracle were worth $9,285,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sunbeam Capital Management LLC acquired a new stake in Oracle in the fourth quarter valued at $30,000. Hurley Capital LLC acquired a new position in Oracle in the fourth quarter valued at approximately $33,000. Synergy Investment Management LLC acquired a new stake in Oracle during the fourth quarter worth approximately $34,000. TFC Financial Management Inc. lifted its position in shares of Oracle by 129.0% during the 4th quarter. TFC Financial Management Inc. now owns 213 shares of the enterprise software provider's stock worth $35,000 after buying an additional 120 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of Oracle in the 4th quarter valued at $36,000. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,000 shares of the company's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $145.81, for a total value of $291,620.00. Following the transaction, the director now directly owns 34,630 shares in the company, valued at approximately $5,049,400.30. This represents a 5.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Leon E. Panetta sold 17,500 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $151.24, for a total value of $2,646,700.00. Following the completion of the transaction, the director now owns 58,090 shares of the company's stock, valued at $8,785,531.60. This trade represents a 23.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,366 shares of company stock valued at $4,015,723. Insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of NYSE:ORCL traded up $24.75 during trading on Thursday, hitting $201.13. 41,853,031 shares of the stock were exchanged, compared to its average volume of 9,645,510. The company has a market cap of $562.55 billion, a PE ratio of 49.18, a P/E/G ratio of 3.46 and a beta of 1.32. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The company has a fifty day moving average price of $149.60 and a two-hundred day moving average price of $160.36. Oracle Co. has a 12-month low of $118.86 and a 12-month high of $202.43.

Oracle (NYSE:ORCL - Get Free Report) last posted its 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. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company had revenue of $15.90 billion for the quarter, compared to the consensus estimate of $15.58 billion. During the same period in the previous year, the business earned $1.63 earnings per share. Oracle's quarterly revenue was up 11.3% compared to the same quarter last year. On average, analysts forecast that Oracle Co. will post 5 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Guggenheim reiterated a "buy" rating and set a $220.00 price target on shares of Oracle in a research note on Thursday. Cantor Fitzgerald reduced their target price on Oracle from $214.00 to $175.00 and set an "overweight" rating for the company in a report on Tuesday, March 11th. Evercore ISI raised their price target on Oracle from $180.00 to $215.00 and gave the stock an "outperform" rating in a research note on Thursday. Mizuho reduced 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. Finally, Monness Crespi & Hardt raised Oracle from a "sell" rating to a "neutral" rating in a report on Monday, March 3rd. Twelve investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Oracle presently has a consensus rating of "Moderate Buy" and an average price target of $192.30.

Oracle 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.