Oracle Corp (ORCL) Files Form 4 Insider Selling : Thomas Kurian Sells 25,033 Shares

Oracle Corp (ORCL): Thomas Kurian , President-Product Development of Oracle Corp sold 25,033 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $41.25 per share for a total value of $1,032,633.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 21, 2016, Thomas Kurian (President-Product Development) sold 250,000 shares at $41.33 per share price.On Apr 19, 2016, Hector Garcia-molina (director) sold 3,305 shares at $41.23 per share price.Also, On Apr 13, 2016, Jeffrey Berg (director) sold 10,400 shares at $40.80 per share price.On Apr 4, 2016, John F Fowler (EVP, Systems) sold 14,971 shares at $40.92 per share price.

Shares of Oracle Corporation (ORCL) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -0.29 points or -0.71% at $40.7 with 1,50,03,315 shares getting traded. Post opening the session at $40.79, the shares hit an intraday low of $40.67 and an intraday high of $41.43 and the price vacillated in this range throughout the day. The company has a market cap of $168,900 M and the number of outstanding shares has been calculated to be 4,14,98,65,000 shares. The 52-week high of Oracle Corporation is $45.24 and the 52-week low is $33.13.

Oracle Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Oracle Corporation is Initiated by Northland Capital to Outperform and the brokerage firm has set the Price Target at $50. The Rating was issued on Apr 20, 2016.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.

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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