Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Oracle Corp shares valued at $251,954,434 were purchased by CATZ SAFRA on Jan 23 ’25. At $185.43 per share, CATZ SAFRA acquired 1,358,754 shares.
Also, CATZ SAFRA purchased 2,101,154 shares, netting a total of over 389,449,314 in proceeds.
Before that, James Renee Jo had added 9,375 shares to its account. In a trade valued at $1,451,164, the Former Director bought Oracle Corp shares for $154.79 each.
As published in their initiating research note from Cantor Fitzgerald on January 17, 2025, Oracle Corp [ORCL] has been an Overweight and the price target has been revised to $214. Analysts at Monness Crespi & Hardt downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in mid December. As of October 23, 2024, RBC Capital Mkts has initiated its “Sector perform” rating for ORCL. Earlier on September 16, 2024, Melius upgraded its rating. Their new recommendation was “a Buy” for ORCL stock which previously was a “a Hold”.
Analyzing ORCL Stock Performance
During the last five days, there has been a surge of approximately 17.79%. Over the course of the year, Oracle Corp shares have jumped approximately 11.90%. Shares of the company reached a 52-week high of $191.99 on 01/22/25 and a 52-week low of $152.42 on 01/13/25. A 50-day SMA is recorded $176.40, while a 200-day SMA reached $150.74. Nevertheless, trading volume fell to 17.25 million shares from 48.03 million shares the previous day.
Support And Resistance Levels for Oracle Corp (ORCL)
According to the 24-hour chart, there is a support level at 183.12, which, if violated, would cause prices to drop to 179.78. In the upper region, resistance lies at 188.19. The next price resistance is at 189.92. RSI (Relative Strength Index) is 69.00 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.08, which suggests the price will increase in the coming days. Percent R is at 13.95%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
