Oracle Corporation $ORCL Shares Sold by Lesa Sroufe & Co

Lesa Sroufe & Co lowered its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 5.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,441 shares of the enterprise software provider’s stock after selling 145 shares during the quarter. Lesa Sroufe & Co’s holdings in Oracle were worth $534,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. WCM Investment Management LLC acquired a new position in shares of Oracle in the 2nd quarter valued at $231,000. WealthPLAN Partners LLC increased its stake in Oracle by 2.2% during the 2nd quarter. WealthPLAN Partners LLC now owns 3,789 shares of the enterprise software provider’s stock worth $828,000 after buying an additional 82 shares during the period. Evernest Financial Advisors LLC purchased a new stake in Oracle during the 2nd quarter worth $250,000. Dixon Fnancial Services Inc. bought a new stake in shares of Oracle in the 2nd quarter worth about $219,000. Finally, Omnia Family Wealth LLC increased its position in shares of Oracle by 16.4% in the 2nd quarter. Omnia Family Wealth LLC now owns 1,784 shares of the enterprise software provider’s stock worth $390,000 after purchasing an additional 251 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ORCL shares. Citigroup reissued a “buy” rating on shares of Oracle in a research report on Friday, October 10th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a research note on Thursday, September 25th. Rothschild & Co Redburn initiated coverage on shares of Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. BMO Capital Markets set a $355.00 target price on shares of Oracle and gave the stock an “outperform” rating in a report on Monday. Finally, Berenberg Bank boosted their price objective on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $307.00.

Read Our Latest Stock Analysis on ORCL

Insider Buying and Selling

In other news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock valued at $36,428,967 in the last 90 days. 40.90% of the stock is currently owned by corporate insiders.

Oracle Stock Performance

Shares of NYSE:ORCL opened at $303.30 on Thursday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $864.64 billion, a price-to-earnings ratio of 70.21, a P/E/G ratio of 3.22 and a beta of 1.53. The firm’s 50 day simple moving average is $269.61 and its 200 day simple moving average is $213.14. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 earnings per share. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given 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 payout ratio is presently 46.30%.

About Oracle

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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