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How Insiders and Institutions are Trading Oracle Corporation (ORCL)

Recent insider trends for Oracle Corporation (NYSE:ORCL) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on ORCL is anything to go by, investors should pay attention.

Institutions own 59.08% of Oracle Corporation (ORCL)’s shares. The total value of these holdings, in millions, is $121,602. Among active positions in the latest quarter, 735 holders increased their positions by a total of 131.23 million shares, 744 holders decreased the positions by a total of 112.31 million shares, and 211 holders held their positions. This works out to a net increase in ownership of 18.92 million shares, and suggests that institutions are feeling bullish about the stock.

Among new and sold out positions, 111 holders initiated new positions by a total of 20.25 million shares and 72 holders exited their positions by a total of 4.99 million shares. This nets out to an increase of 15.26 million shares and is a bullish sign for ORCL.

In the last three months, insiders executed a total of 11 trades. 11 were sells. Insider ownership decreased by a total of 297299 shares, which suggests that ORCL’s key executives are feeling less optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 1 buys and 52 sells, and ownership decreased by a net of 9.49 million shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Oracle Corporation (NYSE:ORCL)’s short interest is 29.36 million shares, or % of the float. This represents an increase of 15% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks.

Supplementing insider data with technical indicators can help an investor form a more complete view on the outlook for a stock. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that ORCL is a Weak sell, which implies that ORCL is expected to underperform the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bearish. Technical indicators (also) suggest that Oracle Corporation (NYSE:ORCL) is overvalued.

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