Oracle Co. (NYSE:ORCL) Shares Sold by Nelson Roberts Investment Advisors LLC

Nelson Roberts Investment Advisors LLC lessened its position in shares of Oracle Co. (NYSE:ORCL) by 0.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 106,563 shares of the enterprise software provider’s stock after selling 571 shares during the period. Nelson Roberts Investment Advisors LLC’s holdings in Oracle were worth $5,646,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Monte Financial Group LLC grew its holdings in Oracle by 1.9% in the 3rd quarter. Monte Financial Group LLC now owns 9,862 shares of the enterprise software provider’s stock valued at $543,000 after buying an additional 182 shares during the period. Meridian Investment Counsel Inc. grew its holdings in Oracle by 0.7% in the 4th quarter. Meridian Investment Counsel Inc. now owns 27,583 shares of the enterprise software provider’s stock valued at $1,461,000 after buying an additional 193 shares during the period. Pflug Koory LLC grew its holdings in Oracle by 1.8% in the 4th quarter. Pflug Koory LLC now owns 11,266 shares of the enterprise software provider’s stock valued at $597,000 after buying an additional 200 shares during the period. New Potomac Partners LLC grew its holdings in Oracle by 0.5% in the 4th quarter. New Potomac Partners LLC now owns 36,600 shares of the enterprise software provider’s stock valued at $1,939,000 after buying an additional 200 shares during the period. Finally, Signet Financial Management LLC grew its holdings in Oracle by 1.1% in the 4th quarter. Signet Financial Management LLC now owns 17,964 shares of the enterprise software provider’s stock valued at $952,000 after buying an additional 200 shares during the period. 50.52% of the stock is owned by institutional investors and hedge funds.

In related news, EVP Dorian Daley sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $55.01, for a total transaction of $2,750,500.00. Following the transaction, the executive vice president now directly owns 50,000 shares of the company’s stock, valued at approximately $2,750,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bruce R. Chizen sold 225,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $54.64, for a total value of $12,294,000.00. Following the transaction, the director now directly owns 135,813 shares in the company, valued at $7,420,822.32. The disclosure for this sale can be found here. Insiders own 36.60% of the company’s stock.

Shares of NYSE ORCL traded down $1.32 during midday trading on Friday, hitting $49.46. The stock had a trading volume of 24,426,001 shares, compared to its average volume of 9,852,724. The company has a fifty day moving average price of $54.31 and a 200 day moving average price of $54.37. The company has a market capitalization of $166.96 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 1.54 and a beta of 1.11. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 3.13. Oracle Co. has a 1-year low of $47.90 and a 1-year high of $60.50.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Thursday, December 12th. The enterprise software provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.88 by $0.02. The firm had revenue of $9.62 billion for the quarter, compared to analyst estimates of $9.65 billion. Oracle had a return on equity of 56.86% and a net margin of 27.62%. Oracle’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS. On average, research analysts forecast that Oracle Co. will post 3.47 EPS for the current year.

Several analysts have commented on the company. Zacks Investment Research cut Oracle from a “hold” rating to a “sell” rating in a report on Tuesday, November 26th. Raymond James reaffirmed an “outperform” rating and issued a $57.00 price objective (down from $61.00) on shares of Oracle in a research note on Friday, December 13th. UBS Group reaffirmed a “neutral” rating and issued a $57.00 price objective on shares of Oracle in a research note on Monday, December 9th. Credit Suisse Group set a $62.00 price objective on Oracle and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, Wedbush lifted their price objective on Oracle from $55.00 to $56.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Three research analysts have rated the stock with a sell rating, eighteen have given a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $57.67.

About Oracle

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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