Large Outflow of Money Witnessed in Oracle Corporation

Oracle Corporation (NYSE:ORCL) surged 0.03% during the last session. The last traded price was up 0.01 points at $38.75. The data for the fund flow suggests that the net intraday money flow was $(-12.18) million. The fund value in upticks was recorded to be $28.7 million and in downticks, it was found to be $40.88 million. The up/down ratio for the day was measured to be 0.7. For the week, the shares have seen a percentage change of -0.9%.A block trade of $(-11.61) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.41 million and that of downticks was $12.02 million. The block tradeoff had the up/down ratio of 0.03.


Currently the company Insiders own 28% of Oracle Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -74.91% . Institutional Investors own 59.28% of Oracle Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -74.91%. On the companys insider trading activities,The director of Oracle Corp, Garcia-Molina Hector sold 3,275 shares at $39.57 on May 16, 2016. The Insider selling transaction had a total value worth of $129,592. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Oracle Corporation (NYSE:ORCL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.12 points or 0.31% at $38.62 with 13,036,297 shares getting traded. Post opening the session at $38.5, the shares hit an intraday low of $38.38 and an intraday high of $38.89 and the price was in this range throughout the day. The company has a market cap of $160,268 million and the number of outstanding shares have been calculated to be 4,149,865,000 shares. The 52-week high of Oracle Corporation (NYSE:ORCL) is $45.24 and the 52-week low is $33.13.

Many analysts have stated their opinion on the company shares. Macquarie initiates coverage on Oracle Corporation (NYSE:ORCL).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, Macquarie announces the price target of $46 per share. The rating by the firm was issued on April 26, 2016.

Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Companys 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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