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Sunday, December 3, 2023

Make Sure You Stick With Oracle Corp. (ORCL). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Oracle Corp. (ORCL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.25, or 0.22%, to $114.40. The Oracle Corp. has recorded 178,489 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed TEAM IM Selects Oracle Alloy to Build New Zealand’s First Locally Owned and Operated Hyperscale Cloud.

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Stocks Info

Oracle Corp. is listed on the NYSE in the Technology sector while operating in the Software – Infrastructure industry. At the end of the last regular session, the stock closed at $114.15 and fluctuated between $114.49 as its day high and $112.78 as its day low. The current market capitalization of Oracle Corp. is $312.70B. A total of 5.72 million shares were traded on the day, compared to an average of 10.07M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ORCL has seen 4 BUY and 5 SELL insider trades, representing the acquisition of 117,110 and the disposition of 56,672 shares. Over the last 12 months, there were 41 BUYs and 51 SELLs from insiders. Insiders purchased 13,706,204 shares during that period but sold 13,553,321.

In the most recent transaction, CONRADES GEORGE H sold 2,325 shares of ORCL for 113.76 per share on Nov 13. After the transaction, the Director now owns 17,836 company shares. In a previous transaction on Nov 10, CONRADES GEORGE H sold 2,325 shares at 111.97 per share. ORCL shares that Director owns now total 20,161.

Among the insiders who sold shares, Smith Maria disposed of 3,680 shares on Jul 07 at a per-share price of $115.00. This resulted in the EVP, Chief Accounting Officer holding 16,600 shares of ORCL after the transaction. In another insider transaction, Smith Maria sold 1,320 shares at $116.78 per share on Jul 05. Company shares held by the EVP, Chief Accounting Officer now total 20,280.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Oracle Corp. pays an annual dividend of $1.45, resulting in a dividend yield of 1.27%, and it has a price to earnings (P/E) ratio of 33.96. ORCL’s most recent ex-dividend date was 10/11/2023 when it declared a $0.40 quarterly dividend that was paid in cash on 10/26/2023. Previously, the company paid the dividend on 7/26/2023 with an ex-dividend date of 7/11/2023. The ORCL stock dividend was $0.40 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ORCL in the last 3 months, the mean price target is $129.21 with high estimates of $150.00 and low estimates of $92.60. In terms of 52-week highs and lows, ORCL has a high of $127.54 and a low of $76.57.

As of this writing, ORCL has an earnings estimate of $1.32 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $1.37 per share and a lower estimate of $1.31. The company reported an EPS of $1.67 in the last quarter, which was 5.70% higher than expectations of $1.58.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ORCL’s latest balance sheet shows that the firm has $21.90B in Cash & Short Term Investments as of fiscal 2022. There were $75.86B in debt and $19.51B in liabilities at the time. Its Book Value Per Share was $0.87, while its Total Shareholder’s Equity was -$5.77B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORCL is Buy with a score of 3.92.

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