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Oracle reported strong earnings, leading to increased holdings by financial firms and insider sales.
Quantum Financial Planning Services Inc. and Liberty Wealth Management LLC both increased their Oracle holdings, while other firms like Beta Wealth Group Inc. and Tandem Investment Partners LLC adjusted their positions.
Oracle reported strong earnings of $1.70 per share, beating estimates, with revenue of $15.9 billion.
Insiders have sold 431,169 shares over the past 90 days.
Oracle’s stock, valued at $686.59 billion, offers a $0.50 quarterly dividend.
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Oracle reportó fuertes ganancias, lo que condujo a un aumento de las participaciones de las empresas financieras y las ventas internas.