ORCL Chairman Has Sold Close To 1,125,000 Stock Shares In An Insider Selling

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ORCL
ORCL

The Chairman of ORCL, Lawrence Joseph Ellison has already sold close to 1,125,000 shares of the company stocks in a 14th May research report. The average price at which these stocks were sold is $78.71, with the total transaction coming to $88 million. Currently, the Chairman has ownership of over 1 million shares in the company’s stock, which have a total valuation of $89 million. The SEC has the documentation for this transaction. 

The stocks of ORCL traded on Friday at $0.75. The debt-to-equity ratio of the company is 7.37, with a 2.17 quick ratio, as well as a 2.17 current ratio. The year low of $50.91, with a year high of $80.72. The market cap of $227.48 billion, with a 23.91 PE ratio, and a 1.79 PEG ratio, along with a 0.76 beta. The moving average price of the company over 50 days is $75.57, with the moving average price of the company over 200 days is $65.41. 

The Quarterly Reports Of ORCL

ORCL posted its quarterly earnings report on the 9th of March. The provider of enterprise software reported an EPS of $1.16 which was more than the consensus estimate of $1.11. The revenue generated by the company during this period was $10.09 billion, which was slightly more than the consensus estimate of $10.07 billion. The return on equity set for the company is 101.26%, with a 26.24% net margin. 

There have been quite a few stock analysts that have commented on the stocks of ORCL. The Goldman Sachs Group has put up a rating of sell along with a $60 price target set on the 21st of January. Societe Generale also reaffirmed their rating of hold on the company in a 17th March research report. KeyCorp came up with a price target of $82 with a rating of overweight for ORCL in a 15th March research report.