In a filing, Oracle Corp revealed its Chief Executive Officer CATZ SAFRA unloaded Company’s shares for reported $389.45 million on Jan 22 ’25. In the deal valued at $185.35 per share,2,101,154 shares were sold. As a result of this transaction, CATZ SAFRA now holds 1,118,592 shares worth roughly $190.23 million.
Then, CATZ SAFRA sold 1,358,754 shares, generating $251,954,466 in total proceeds. Upon selling the shares at $185.43, the Chief Executive Officer now owns 1,118,592 shares.
Before that, CATZ SAFRA sold 345,174 shares. Oracle Corp shares valued at $64,051,730 were divested by the Chief Executive Officer at a price of $185.56 per share. As a result of the transaction, CATZ SAFRA now holds 1,118,592 shares, worth roughly $190.23 million.
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 fall -0.19% to $170.06. Over the last five days, the stock has lost -7.37%. Oracle Corp shares have risen nearly 2.05% since the year began. Nevertheless, the stocks have risen 48.97% over the past one year. While a 52-week high of $198.31 was reached on 01/22/25, a 52-week low of $106.51 was recorded on 01/13/25. SMA at 50 days reached $174.00, while 200 days put it at $152.11.
Levels Of Support And Resistance For ORCL Stock
The 24-hour chart illustrates a support level at 168.46, which if violated will result in even more drops to 166.86. On the upside, there is a resistance level at 172.33. A further resistance level may holdings at 174.60. The Relative Strength Index (RSI) on the 14-day chart is 50.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.42%. Stochastics %K at 38.08% 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.
