Orange S.A. (NYSE:ORAN) Shares Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC increased its stake in shares of Orange S.A. (NYSE:ORAN) by 18.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,925 shares of the technology company’s stock after purchasing an additional 6,757 shares during the quarter. Gallacher Capital Management LLC’s holdings in Orange were worth $439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of Orange in the 1st quarter valued at about $39,000. GAMMA Investing LLC lifted its stake in Orange by 118.2% in the first quarter. GAMMA Investing LLC now owns 3,662 shares of the technology company’s stock worth $43,000 after acquiring an additional 1,984 shares during the last quarter. Mather Group LLC. acquired a new position in Orange during the 2nd quarter worth approximately $60,000. Tucker Asset Management LLC purchased a new stake in shares of Orange in the 4th quarter valued at approximately $76,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Orange by 13.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,277 shares of the technology company’s stock valued at $95,000 after purchasing an additional 965 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. StockNews.com upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Friday, July 26th. New Street Research raised Orange to a “strong-buy” rating in a report on Monday, July 8th. Finally, Sanford C. Bernstein began coverage on Orange in a report on Friday, May 24th. They issued an “outperform” rating on the stock. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Orange has an average rating of “Buy” and an average target price of $13.08.

Orange Stock Down 0.2 %

NYSE ORAN opened at $11.94 on Friday. The firm’s fifty day moving average price is $11.12 and its 200 day moving average price is $11.21. Orange S.A. has a 12 month low of $9.82 and a 12 month high of $12.41. The company has a quick ratio of 0.91, a current ratio of 0.94 and a debt-to-equity ratio of 0.87.

Orange Company Profile

Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.