Total Clarity Wealth Management Inc. Sells 699 Shares of Oracle Corporation $ORCL

Total Clarity Wealth Management Inc. cut its holdings in Oracle Corporation (NYSE:ORCL) by 16.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,610 shares of the enterprise software provider’s stock after selling 699 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Oracle were worth $789,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ORCL. Nuveen LLC bought a new position in shares of Oracle in the first quarter worth about $732,692,000. Vanguard Group Inc. increased its stake in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in shares of Oracle in the second quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Oracle by 79.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after purchasing an additional 2,049,687 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in shares of Oracle by 840.7% in the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after purchasing an additional 1,894,157 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last quarter. 40.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ORCL. DA Davidson lifted their price objective on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 10th. Citigroup restated a “buy” rating on shares of Oracle in a research note on Friday. The Goldman Sachs Group boosted their price target on Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. Rothschild & Co Redburn started coverage on Oracle in a research note on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. Finally, Redburn Partners set a $175.00 price target on Oracle in a research note on Thursday, September 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $306.71.

Oracle Stock Down 1.3%

NYSE:ORCL opened at $293.04 on Monday. The stock’s fifty day moving average price is $266.69 and its two-hundred day moving average price is $210.74. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $835.40 billion, a price-to-earnings ratio of 67.83, a P/E/G ratio of 3.15 and a beta of 1.53.

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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

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.