Oracle Corp’s filing revealed that its Director MOORMAN CHARLES W acquired Company’s shares for reported $0.95 million on Feb 12 ’25. In the deal valued at $172.35 per share,5,500 shares were bought. As a result of this transaction, MOORMAN CHARLES W now holds 52,954 shares worth roughly $8.34 million.
Then, CATZ SAFRA sold 2,101,154 shares, generating $389,449,218 in total proceeds. Upon selling the shares at $185.35, the Chief Executive Officer now owns 1,118,592 shares.
Before that, CATZ SAFRA sold 1,358,754 shares. Oracle Corp shares valued at $251,954,466 were divested by the Chief Executive Officer at a price of $185.43 per share. As a result of the transaction, CATZ SAFRA now holds 1,118,592 shares, worth roughly $176.14 million.
Monness Crespi & Hardt upgraded its Oracle Corp [ORCL] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”an Overweight”‘ rating. Monness Crespi & Hardt also remained covering ORCL and has decreased its forecast on December 20, 2024 with a “Sell” recommendation from previously “Neutral” rating. RBC Capital Mkts started covering the stock on October 23, 2024. It rated ORCL as “a Sector perform”.
Price Performance Review of ORCL
On Tuesday, Oracle Corp [NYSE:ORCL] saw its stock fall -2.81% to $157.47. Over the last five days, the stock has lost -6.57%. Oracle Corp shares have fallen nearly -5.50% since the year began. Nevertheless, the stocks have risen 41.00% over the past one year. While a 52-week high of $198.31 was reached on 01/22/25, a 52-week low of $110.36 was recorded on 01/13/25. SMA at 50 days reached $168.69, while 200 days put it at $157.86.
Levels Of Support And Resistance For ORCL Stock
The 24-hour chart illustrates a support level at 154.07, which if violated will result in even more drops to 150.68. On the upside, there is a resistance level at 160.31. A further resistance level may holdings at 163.16. The Relative Strength Index (RSI) on the 14-day chart is 37.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.25%. Stochastics %K at 14.63% indicates the stock is a buying.
