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Kestra Private Wealth adds to Oracle shares as the tech giant beats earnings estimates, valued at $689 billion.
Kestra Private Wealth Services LLC has bought 10,824 more shares of Oracle Corporation, increasing their total to 92,381 shares.
Oracle reported a 11.3% rise in revenue to $15.9 billion and beat earnings per share (EPS) estimates by $0.06, with a net margin of 21.68% and a return on equity of 87.34%.
Analysts predict Oracle will post EPS of 5 for the year, with an average rating of "Moderate Buy" and a target price of $218.29.
Oracle's stock trades at $245.30, with a market cap of $689 billion.
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Kestra Private Wealth se suma a las acciones de Oracle a medida que el gigante tecnológico supera las estimaciones de ganancias, valoradas en $ 689 mil millones.