In today’s session Oracle Corporation (ORCL) registered an unusually high (845) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious ORCL increase. With 845 contracts traded and 146924 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: ORCL170120C00042000 closed last at: $0.43 or 12.2% down. About 3.82 million shares traded hands. Oracle Corporation (NYSE:ORCL) has risen 2.94% since March 2, 2016 and is uptrending. It has underperformed by 5.32% the S&P500.
Oracle Corporation (NYSE:ORCL) Ratings Coverage
Out of 23 analysts covering Oracle (NYSE:ORCL), 14 rate it a “Buy”, 0 “Sell”, while 9 “Hold”. This means 61% are positive. Oracle has been the topic of 38 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Thursday, September 10 by BTIG Research. Stifel Nicolaus maintained the shares of ORCL in a report on Thursday, September 17 with “Buy” rating. Atlantic Securities downgraded the shares of ORCL in a report on Tuesday, July 19 to “Neutral” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, November 11 report. The firm has “Mkt Perform” rating by JMP Securities given on Wednesday, October 14. On Thursday, December 17 the stock rating was maintained by FBR Capital with “Mkt Perform”. RBC Capital Markets maintained it with “Outperform” rating and $46 target price in Thursday, December 17 report. The stock has “Hold” rating given by Wunderlich on Friday, June 17. Deutsche Bank maintained the shares of ORCL in a report on Friday, June 17 with “Hold” rating. The rating was maintained by Goldman Sachs on Wednesday, March 16 with “Buy”.
According to Zacks Investment Research, “Oracle Corporation is one of the world’s leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company’s software products can be categorized into two broad areas: Systems software and Internet business applications software.”
Insitutional Activity: The institutional sentiment is 0.8 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as 84 funds sold all Oracle Corporation shares owned while 568 reduced positions. only 64 funds bought stakes while 456 increased positions. They now own 2.33 billion shares or 3.19% less from 2.41 billion shares in 2016Q1.
Mufg Americas Holding has invested 0.34% of its portfolio in Oracle Corporation (NYSE:ORCL). Heritage Investors Mngmt accumulated 16,028 shares or 0.05% of the stock. Ami Management Inc, a Indiana-based fund reported 58,374 shares. Harris Associates Limited Partnership holds 3.72% or 45.12 million shares in its portfolio. Moreover, Mogy Joel R Invest Counsel has 1.86% invested in Oracle Corporation (NYSE:ORCL) for 245,639 shares. Telemus Ltd Liability holds 0.16% or 30,592 shares in its portfolio. Gulf Natl Bank (Uk) Ltd has 0.65% invested in the company for 949,998 shares. Cubist Systematic Strategies Lc has 19,394 shares for 0.05% of their US portfolio. Peak Asset Management Ltd Llc reported 119,556 shares or 2.16% of all its holdings. Moreover, Cibc Asset Mgmt has 0.11% invested in Oracle Corporation (NYSE:ORCL) for 342,164 shares. Gerstein Fisher last reported 60,165 shares in the company. United Advisers Limited reported 291,807 shares or 0.12% of all its holdings. Bbva Compass Bankshares reported 320,427 shares or 0.98% of all its holdings. Moreover, Pittenger & Anderson Inc has 0.49% invested in Oracle Corporation (NYSE:ORCL) for 108,630 shares. Bennicas And Associate has invested 0.91% of its portfolio in Oracle Corporation (NYSE:ORCL).
Oracle Corporation provides services and products that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The company has a market cap of $160.69 billion. The Company’s businesses include cloud and on-premise software, hardware and services. It has a 18.6 P/E ratio. The Company’s cloud and on-premise software business consists of three divisions, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.
ORCL Company Profile
Oracle Corporation (Oracle), incorporated on October 9, 2005, provides services and products that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. The Company’s cloud and on-premise software business consists of three divisions, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support. The Company’s hardware business consists of two divisions, including hardware products and hardware support. The Company’s services business includes activities, such as consulting services, enhanced support services and education services, among others.
More recent Oracle Corporation (NYSE:ORCL) news were published by: Benzinga.com which released: “Oracle Corporation Is At Risk From Competitors Like Salesforce” on September 19, 2016. Also Investorplace.com published the news titled: “Oracle Corporation (ORCL) Co-Founder Bashes Amazon Web Services” on September 23, 2016. Investorplace.com‘s news article titled: “Oracle Corporation Is at a Game-Changing Moment (ORCL)” with publication date: September 27, 2016 was also an interesting one.
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