Oracle (ORCL) Receives a Hold from Needham


In a report released today, Jack Andrews from Needham maintained a Hold rating on Oracle (ORCL). The company’s shares closed last Monday at $56.47.

According to TipRanks.com, Andrews is a 5-star analyst with an average return of 18.5% and a 61.5% success rate. Andrews covers the Technology sector, focusing on stocks such as ServiceNow, New Relic, and Atlassian.

Oracle has an analyst consensus of Hold, with a price target consensus of $55.20, representing a -2.0% downside. In a report issued on December 9, Monness also maintained a Hold rating on the stock.

See today’s analyst top recommended stocks >>

The company has a one-year high of $60.50 and a one-year low of $42.40. Currently, Oracle has an average volume of 11.12M.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORCL in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts