Oracle Corp’s filing revealed that its Former Director James Renee Jo acquired Company’s shares for reported $1.45 million on Jan 14 ’25. In the deal valued at $154.79 per share,9,375 shares were bought.
Then, Smith Maria sold 6,320 shares, generating $1,042,800 in total proceeds. Upon selling the shares at $165.00, the EVP, Chief Accounting Officer now owns 42,889 shares.
Before that, Smith Maria bought 6,320 shares. Oracle Corp shares valued at $1,042,800 were divested by the Officer at a price of $165.00 per share.
Monness Crespi & Hardt downgraded its Oracle Corp [ORCL] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late October with a ‘”a Sector perform”‘ rating. Melius also remained covering ORCL and has increased its forecast on September 16, 2024 with a “Buy” recommendation from previously “Hold” rating. JMP Securities revised its rating on September 10, 2024. It rated ORCL as “a Mkt outperform” which previously was an “a Mkt perform”.
Price Performance Review of ORCL
On Tuesday, Oracle Corp [NYSE:ORCL] saw its stock jump 1.55% to $156.31. Over the last five days, the stock has lost -5.66%. Oracle Corp shares have fallen nearly -6.20% since the year began. Nevertheless, the stocks have risen 49.19% over the past one year. While a 52-week high of $198.31 was reached on 01/02/25, a 52-week low of $105.42 was recorded on 01/13/25. SMA at 50 days reached $176.89, while 200 days put it at $149.38.
Levels Of Support And Resistance For ORCL Stock
The 24-hour chart illustrates a support level at 154.69, which if violated will result in even more drops to 153.07. On the upside, there is a resistance level at 157.59. A further resistance level may holdings at 158.87. The Relative Strength Index (RSI) on the 14-day chart is 30.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.68%. Stochastics %K at 9.96% indicates the stock is a buying.
How much short interest is there in Oracle Corp?
A steep rise in short interest was recorded in Oracle Corp stocks on 2024-11-15, growing by 1.88 million shares to a total of 21.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 19.29 million shares. There was a rise of 8.89%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 10, 2024 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $173.
