Moss Adams Wealth Advisors LLC Buys 700 Shares of Oracle Corporation $ORCL

Moss Adams Wealth Advisors LLC grew its holdings in Oracle Corporation (NYSE:ORCL) by 6.5% in the second quarter, HoldingsChannel reports. The fund owned 11,424 shares of the enterprise software provider’s stock after buying an additional 700 shares during the period. Moss Adams Wealth Advisors LLC’s holdings in Oracle were worth $2,498,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after acquiring an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. boosted its position in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Canoe Financial LP boosted its position in shares of Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after acquiring an additional 367,400 shares during the period. Strs Ohio bought a new stake in shares of Oracle in the first quarter valued at about $108,572,000. Finally, CBM Financial LLC bought a new stake in shares of Oracle in the first quarter valued at about $356,000. Institutional investors own 42.44% of the company’s stock.

Insider Activity

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares of the company’s stock, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,092 shares of company stock valued at $32,960,165. Corporate insiders own 42.20% of the company’s stock.

Oracle Stock Down 2.8%

Shares of NYSE ORCL opened at $283.29 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG ratio of 3.05 and a beta of 1.46. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a 50-day moving average price of $258.19 and a two-hundred day moving average price of $201.16.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ORCL. Bank of America raised Oracle from a “neutral” rating to a “buy” rating and boosted their price target for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Roth Capital reaffirmed a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Citigroup reaffirmed an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Guggenheim boosted their price target on Oracle from $250.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Jefferies Financial Group boosted their price target on Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $304.71.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.