Institutional Investors Buy More Shares Of Oracle Corporation (NYSE:ORCL)


Girard Securities Inc has bought more shares of Oracle Corporation (NYSE:ORCL) in the fourth quarter and thereby raised its stake in the enterprise software giant by 2.6%. Initially, the company possessed slightly over 6,000 shares and the new purchase increases the tally by 165 shares. The value of Girard Securities now rises to $247,000. This was according to a filing made with the U.S. Securities and Exchange Commission.

Joining Girard Securities in acquiring additional shares of Oracle includes First Quadrant L P CA which in the third quarter raised its stake in the enterprise software maker by 87.2% after the firm acquired additional shares totaling slightly over 400,000. First Quadrant L P CA’s total shareholding in Oracle now stands at 877,305 shares and the stake is now worth approximately $34.5 million. Another institutional investor who bought a significant stake is Wealth Enhancement Advisory Services which acquired extra Oracle stock worth approximately $2.5 million.

Wetherby Asset Management

Though on a smaller scale, Wetherby Asset Management raised its stake in Oracle in the fourth quarter by an extra 0.4% when it bought shares totaling 248. The worth of Wetherby Asset Management’s stock in Oracle now stands at approximately $2.6 million.

In the third quarter, Majedie Asset Management Ltd also raised its stake in Oracle by an extra 2.5%. The institutional investor now possesses a total of 159,946 shares in Oracle after it acquired an extra 3,859 shares. The value of Majedie Asset Management Ltd’s stake in Oracle is now approximately $6.3 million.

More large investors

Yet another institutional investor who increased a stake in Oracle is Roundview Capital LLC. In the fourth quarter, Roundview bought more Oracle shares thereby increasing its stake by 1.4%. Previously, the firm possessed 22,044 shares but the extra 300 Oracle shares it has added to its portfolio whose value previously stood at $0.85 million.

Other large investors who have bought more shares in Oracle include Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Proficio Capital Partners LLC, Penserra Capital Management LLC, First Bank & Trust, Valley National Advisers Inc and TIAA CREF Trust Co. FSB MO.

On Friday shares of Oracle Corporation fell by 0.67% to close the day at $44.65.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.