In a report released today, Jack Andrews from Needham maintained a Hold rating on Oracle (ORCL). The company’s shares closed last Monday at $55.31.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 19.4% and a 63.4% 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 $56.92, representing a 3.8% upside. In a report released yesterday, Monness also maintained a Hold rating on the stock.
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Oracle’s market cap is currently $181.6B and has a P/E ratio of 18.04. The company has a Price to Book ratio of 9.89.
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.
