Trilogy Capital Inc. Acquires Shares of 1,965 Oracle Co. (NYSE:ORCL)

Trilogy Capital Inc. acquired a new stake in Oracle Co. (NYSE:ORCL) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,965 shares of the enterprise software provider’s stock, valued at approximately $247,000.

Other large investors also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new position in Oracle in the third quarter valued at $25,000. Westend Capital Management LLC purchased a new stake in shares of Oracle in the first quarter valued at about $25,000. Spartan Planning & Wealth Management purchased a new stake in shares of Oracle in the third quarter valued at about $27,000. Tidemark LLC purchased a new stake in shares of Oracle in the fourth quarter valued at about $29,000. Finally, Nordwand Advisors LLC purchased a new stake in shares of Oracle in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In other news, Director George H. Conrades sold 25,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $116.13, for a total value of $2,903,250.00. Following the transaction, the director now owns 17,836 shares of the company’s stock, valued at approximately $2,071,294.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Edward Screven sold 37,221 shares of Oracle stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $140.19, for a total transaction of $5,218,011.99. Following the sale, the insider now owns 2,626,764 shares of the company’s stock, valued at approximately $368,246,045.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director George H. Conrades sold 25,000 shares of Oracle stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $116.13, for a total transaction of $2,903,250.00. Following the sale, the director now directly owns 17,836 shares in the company, valued at approximately $2,071,294.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 385,639 shares of company stock worth $53,002,729. 42.80% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. The Goldman Sachs Group upped their target price on shares of Oracle from $115.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. William Blair raised shares of Oracle from a “market perform” rating to an “outperform” rating in a report on Tuesday, March 12th. BMO Capital Markets increased their price target on shares of Oracle from $142.00 to $160.00 and gave the stock a “market perform” rating in a report on Monday, June 17th. Argus increased their price target on shares of Oracle from $145.00 to $159.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Finally, Citigroup cut their price target on shares of Oracle from $133.00 to $128.00 and set a “neutral” rating for the company in a report on Monday, June 10th. Fourteen investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. According to MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus target price of $145.83.

Oracle Price Performance

Shares of ORCL stock traded up $1.02 during trading hours on Friday, hitting $141.20. The company’s stock had a trading volume of 25,814,821 shares, compared to its average volume of 11,264,646. The business has a fifty day moving average of $125.24 and a 200-day moving average of $118.08. The stock has a market cap of $389.13 billion, a price-to-earnings ratio of 38.06, a P/E/G ratio of 2.56 and a beta of 1.01. Oracle Co. has a twelve month low of $99.26 and a twelve month high of $145.32. The company has a current ratio of 0.71, a quick ratio of 0.72 and a debt-to-equity ratio of 8.25.

Oracle (NYSE:ORCL) last announced its earnings results on Tuesday, June 11th. The enterprise software provider reported $1.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.02). Oracle had a return on equity of 223.01% and a net margin of 19.76%. The firm had revenue of $14.29 billion for the quarter, compared to analyst estimates of $14.57 billion. During the same quarter last year, the business posted $1.35 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Oracle Co. will post 5.01 EPS for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, July 11th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $1.60 dividend on an annualized basis and a yield of 1.13%. Oracle’s dividend payout ratio (DPR) is currently 43.13%.

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.