Oracle Corporation (ORCL) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $21.1 million worth of transactions were on upticks, whereas, the downticks accounted for $16.07 million worth of transactions. The net money flow was a positive $5.03 million and the uptick to downtick ratio was 1.31. The net money flow into the stock was $4.41 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $4.41 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Oracle Corporation (ORCL) was trading at $41.03, down $0.13 during day. The stock slid -0.32% over the previous days close. For the week, the stock recorded -0.56% over the previous weeks close.
The company Insiders own 28% of Oracle Corporation shares according to the proxy statements. Institutional Investors own 58.36% of Oracle Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -74.91%.
In a related news, Garcia-Molina Hector, director of Oracle Corp, unloaded 3,750 shares at an average price of $41.12 on August 15, 2016. The total amount of the transaction was worth $154,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Oracle Corporation (NYSE:ORCL): The stock opened at $41.26 and touched an intraday high of $41.4196 on Friday. During the day, the stock corrected to an intraday low of $41.03, however, the bulls stepped in and pushed the price higher to close in the green at $41.25 with a gain of 0.22% for the day. The total traded volume for the day was 9,020,230. The stock had closed at $41.16 in the previous trading session.
Oracle Corporation (ORCL) has risen sharply, recording gains of 0.29% in the past 4 weeks. However, the stock has corrected -0.02% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.42% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Companys offerings include Oracle database and middleware software, application software, cloud infrastructure, hardware systems including computer server, storage and networking products, and related services. It operates through various segments, including new software licenses and cloud software subscriptions, which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service, which provides deployment and management offerings; software license updates and product support, which includes support, enhancements and upgrades for Oracle software products; hardware systems products, which includes servers, storage, networking, virtualization software, operating systems and management software; hardware systems support, which provides software updates for software components, and services business, which offers consulting services