Oracle Corp (ORCL) Files Form 4 Insider Selling : Jeffrey Berg Sells 10,400 Shares

Oracle Corp (ORCL): Jeffrey Berg , director of Oracle Corp sold 10,400 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $40.80 per share for a total value of $424,320.00 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Oracle Corporation is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $44 .The Rating was issued on Mar 16, 2016.Oracle Corporation is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 44 from a previous price target of $45 . The Rating was issued on Mar 16, 2016.Oracle Corporation is Reiterated by BMO Capital Markets to Market Perform and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $42 .The Rating was issued on Mar 16, 2016.Oracle Corporation is Initiated by Macquarie to Outperform. The Rating was issued on Mar 4, 2016.

Currently the company Insiders own 28% of Oracle Corporation shares according to the proxy statements.Institutional Investors own 57.92% of Oracle Corporation shares.During last six month period, the net percent change held by insiders has seen a change of -4.38%.

Oracle Corporation: On Monday, Apr 11, 2016 heightened volatility was witnessed in Oracle Corporation which led to swings in the share price. The shares opened for trading at $40.59 and hit $41.08 on the upside , eventually ending the session at $40.39, with a gain of 0.07% or 0.03 points. The heightened volatility saw the trading volume jump to 1,03,99,576 shares. The 52-week high of the share price is $45.24 and the company has a market cap of $167,613 M . The 52-week low of the share price is at $33.13.

Oracle Corporation Money Flow Index Chart

Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products and services. The Company’s offerings include Oracle database and middleware software application software cloud infrastructure hardware systems including computer server storage and networking products and related services. It operates through various segments including new software licenses and cloud software subscriptions which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service which provides deployment and management offerings; software license updates and product support which includes support enhancements and upgrades for Oracle software products; hardware systems products which includes servers storage networking virtualization software operating systems and management software; hardware systems support which provides software updates for software components and services business which offers consulting services

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