BTC Capital Management Inc. decreased its stake in Oracle Corporation by 36.3% in the third quarter, selling 25,802 shares and holding 45,327 shares valued at $12,748,000. Despite this reduction and some insider selling, Oracle shows positive momentum from new customer wins, AI product rollouts, and an $88 million U.S. Air Force contract. Analysts maintain a “Moderate Buy” rating with an average price target of $292.43.
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Oracle Corporation $ORCL Holdings Decreased by BTC Capital Management Inc.
BTC Capital Management Inc. decreased its stake in Oracle Corporation by 36.3% in the third quarter, selling 25,802 shares and holding 45,327 shares valued at $12,748,000. Despite this reduction and some insider selling, Oracle shows positive momentum from new customer wins, AI product rollouts, and an $88 million U.S. Air Force contract. Analysts maintain a “Moderate Buy” rating with an average price target of $292.43.