Oracle Stock Plummets 5.92% Despite 45th Rank in Daily Trading Volume

On April 3, 2025, Oracle (ORCL) experienced a significant decline, with its stock price dropping by 5.92%. The trading volume for the day was substantial, reaching 19.94 billion, placing it at the 45th position in terms of daily trading volume.

WestPark Capital initiated coverage of Oracle with a Buy recommendation on April 1, 2025. This move indicates a positive outlook on the company's future performance, potentially influencing investor sentiment and stock price movements.

TD Cowen and Guggenheim both reaffirmed their Buy ratings for Oracle, with TD Cowen setting a price target of $210.00 and Guggenheim setting a target of $220.00. These ratings suggest that analysts expect Oracle's stock to appreciate significantly from its current levels, which could attract more investors and stabilize the stock price.

Institutional ownership of Oracle has seen notable changes in the last quarter. The number of funds or institutions reporting positions in Oracle increased by 318, or 7.27%. The average portfolio weight dedicated to Oracle also rose by 104.08%, and the total shares owned by institutions increased by 2.89% to 1,449,421K shares. Major shareholders like Vanguard Total Stock Market Index Fund Investor Shares and JPMorgan Chase have adjusted their holdings, with Vanguard slightly decreasing its shares while JPMorgan increased its holdings. These shifts in institutional ownership can impact market liquidity and stock price volatility.