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 $389,449,218 were sold by CATZ SAFRA on Jan 22 ’25. At $185.35 per share, CATZ SAFRA sold 2,101,154 shares. The insider’s holdings dropped to 1,118,592 shares worth approximately $192.02 million following the completion of this transaction.
Also, CATZ SAFRA sold 1,358,754 shares, netting a total of over 251,954,466 in proceeds. Following the sale of shares at $185.43 each, the insider now holds 1,118,592 shares.
Before that, CATZ SAFRA had sold 345,174 shares from its account. In a trade valued at $64,051,730, the Chief Executive Officer traded Oracle Corp shares for $185.56 each. Upon closing the transaction, the insider’s holdings decreased to 345,174 shares, worth approximately $192.02 million.
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 5.95%. Over the course of the year, Oracle Corp shares have jumped approximately 3.01%. 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 $172.85, while a 200-day SMA reached $152.88. Nevertheless, trading volume fell to 7.81 million shares from 6.78 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 169.49, which, if violated, would cause prices to drop to 167.32. In the upper region, resistance lies at 172.86. The next price resistance is at 174.06. RSI (Relative Strength Index) is 52.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.64, which suggests the price will decrease in the coming days. Percent R is at 51.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
