DAVENPORT & Co LLC Has $26.35 Million Position in Oracle Corporation $ORCL

robot
Abstract generation in progress

DAVENPORT & Co LLC significantly reduced its stake in Oracle Corporation by over 60% in Q4, now holding 135,175 shares valued at $26.35 million. While Oracle faces recent price target trims from some analysts and potential legal issues, it continues to push AI and cloud initiatives, receiving a buy reinstatement from BofA. Institutional investors collectively own 42.44% of Oracle’s stock, and the company has a “Moderate Buy” consensus rating with a target price of $262.91.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin