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Apollon Wealth Management and OCBC significantly increased their stakes in Oracle, following its strong earnings report.
Oracle Corporation reported strong first-quarter earnings, exceeding analyst expectations with a $1.70 EPS and $15.90 billion in revenue.
Several institutional investors, including Apollon Wealth Management LLC and Oversea Chinese Banking Corp Ltd, significantly increased their holdings in Oracle.
The stock is valued at $647.29 billion and has a 0.87% dividend yield.
Analysts have a "Moderate Buy" consensus with an average target price of $209.33.
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Apollon Wealth Management y OCBC aumentaron significativamente sus participaciones en Oracle, después de su sólido informe de ganancias.