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Y Intercept Hong Kong Ltd sold Oracle shares, while insiders' moves and strong earnings highlight stock growth.
Y Intercept Hong Kong Ltd sold shares in Oracle, reducing its holdings while its holding company, Modern Wealth Management LLC, increased its stake. Oracle reported strong earnings, exceeding expectations, and insiders have sold shares. The stock has seen significant growth, up 130.4% in the last quarter. Analysts rate Oracle as a "Moderate Buy," with a price target of $218.29. Oracle offers cloud software services and recently announced a quarterly dividend of $0.50 per share.
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