ABC Arbitrage SA bought a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,414 shares of the enterprise software provider's stock, valued at approximately $1,241,000. Get Oracle alerts: Sign Up A number of other hedge funds have also recently added to or red...
ABC Arbitrage SA bought a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,414 shares of the enterprise software provider's stock, valued at approximately $1,241,000. Get Oracle alerts: Sign Up A number of other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Oracle in the 2nd quarter worth about $4,275,378,000. Jennison Associates LLC increased its position in shares of Oracle by 2,062.4% in the third quarter. Jennison Associates LLC now owns 9,227,252 shares of the enterprise software provider's stock valued at $2,595,072,000 after buying an additional 8,800,546 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Oracle by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider's stock worth $35,916,290,000 after buying an additional 3,353,461 shares during the period. Invesco Ltd. increased its holdings in Oracle by 42.1% in the 2nd quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider's stock worth $1,932,507,000 after acquiring an additional 2,619,722 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Oracle by 21,239.6% during the second quarter. Laurel Wealth Advisors LLC now owns 1,729,145 shares of the enterprise software provider's stock worth $378,043,000 after purchasing an additional 1,721,042 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $375.00 price target on shares of Oracle in a research report on Wednesday, November 26th. BMO Capital Markets dropped their target price...