Oracle Corp’s recently made public 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.
Cantor Fitzgerald initiated its Oracle Corp [ORCL] rating to an Overweight in a research note published on January 17, 2025; the price target was $214. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “a Sell”. RBC Capital Mkts began covering ORCL with “Sector perform” recommendation on October 23, 2024. Melius revised its rating on September 16, 2024. It rated ORCL as “a Buy” which previously was an “a Hold”.
Price Performance Review of ORCL
On Friday, Oracle Corp [NYSE:ORCL] saw its stock jump 0.93% to $161.03. Over the last five days, the stock has gained 4.23%. Oracle Corp shares have fallen nearly -3.37% since the year began. Nevertheless, the stocks have risen 51.30% over the past one year. While a 52-week high of $198.31 was reached on 01/02/25, a 52-week low of $105.68 was recorded on 01/13/25. SMA at 50 days reached $176.32, while 200 days put it at $149.90.
Levels Of Support And Resistance For ORCL Stock
The 24-hour chart illustrates a support level at 159.99, which if violated will result in even more drops to 158.96. On the upside, there is a resistance level at 162.61. A further resistance level may holdings at 164.20. The Relative Strength Index (RSI) on the 14-day chart is 40.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.03%. Stochastics %K at 36.87% indicates the stock is a holding.
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.
