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Oracle reports strong earnings, beating estimates, as major investors increase their holdings.
Investment firm Seven Mile Advisory increased its holdings in Oracle Corporation by 5.7%, acquiring 331 shares.
Additionally, Steward Partners Investment Advisory LLC raised its holdings by 3.2%, buying 7,057 shares.
Oracle reported strong second-quarter earnings, beating estimates with $1.70 EPS and $15.9 billion in revenue.
The company's consensus rating is a "Moderate Buy" with an average target price of $227.04.
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Oracle reporta ganancias fuertes, superando las estimaciones, ya que los principales inversores aumentan sus participaciones.