Broadway Wealth Solutions Inc. Sells 93 Shares of Oracle Corporation $ORCL

Broadway Wealth Solutions Inc. trimmed its stake in shares of Oracle Corporation (NYSE:ORCL) by 5.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 1,586 shares of the enterprise software provider’s stock after selling 93 shares during the quarter. Broadway Wealth Solutions Inc.’s holdings in Oracle were worth $347,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of Oracle during the 2nd quarter valued at $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle during the 1st quarter valued at $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle during the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC lifted its position in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the period. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle during the 2nd quarter valued at $60,000. 42.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ORCL shares. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Monday, September 22nd. Wolfe Research boosted their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target for the company. Scotiabank reissued an “outperform” rating on shares of Oracle in a report on Wednesday, September 10th. Finally, Mizuho boosted their price target on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Trading Down 0.6%

Shares of ORCL stock opened at $281.01 on Wednesday. The stock has a market cap of $801.10 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. The stock has a 50-day moving average of $259.82 and a 200-day moving average of $202.64. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL) last announced 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 the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Insider Transactions at Oracle

In related news, EVP Maria Smith sold 10,000 shares of Oracle stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the sale, the executive vice president owned 40,807 shares of the company’s stock, valued at approximately $9,507,622.93. This trade represents a 19.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 114,314 shares of company stock valued at $33,602,123. 42.20% of the stock is currently owned by company insiders.

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.