Oracle Corp (NYSE:ORCL) shares traded 2.80% higher at $155.16 on Wall Street last session.
ORCL stock price is now -7.63% away from the 50-day moving average and -2.02% away from the 200-day moving average. The market capitalization of the company currently stands at $433.98B.
On January 17, 2025, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $214, while ‘Monness Crespi & Hardt’ rates the stock as ‘Sell’
In other news, MOORMAN CHARLES W, Director bought 5,500 shares of the company’s stock on Feb 12 ’25. The stock was bought for $947,913 at an average price of $172.35. Upon completion of the transaction, the Director now directly owns 52,954 shares in the company, valued at $8.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 22 ’25, Chief Executive Officer CATZ SAFRA sold 2,101,154 shares of the business’s stock. A total of $389,449,218 was realized by selling the stock at an average price of $185.35. This leaves the insider owning 1,118,592 shares of the company worth $173.56 million. A total of 41.21% of the company’s stock is owned by insiders.
During the past 12 months, Oracle Corp has had a low of $111.18 and a high of $198.31. As of last week, the company has a debt-to-equity ratio of 6.45, a current ratio of 0.81, and a quick ratio of 0.81.
The net profit margin was 21.16% and return on equity was 132.00% for ORCL. The company reported revenue of $14.06 billion for the quarter, compared to $12.94 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.64 percent.
