Yesterday it was reported that a Director at Oracle Corp (ORCL), Naomi Seligman, exercised options to sell 90,000 ORCL shares at $30.34 a share, for a total transaction value of $5.36M.
Following Naomi Seligman’s last ORCL Sell transaction on July 17, 2018, the stock climbed by 11.0%. This is Seligman’s first transaction since reporting a Sell transaction on AKAM back in August 2018
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Currently, Oracle Corp has an average volume of 10.72M. The Company has a Price to Book ratio of 9.1794. ORCL’s market cap is $200.9B and the company has a P/E ratio of 19.78.
One of the top 25 analysts, according to TipRanks.com, recently recommended Buy ORCL with a $66 price target. Based on 19 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $59.50, reflecting a -0.1% downside.
Naomi Seligman’s trades have generated a -4.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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