Mid American Wealth Advisory Group Inc. Acquires New Stake in Oracle Corporation $ORCL

Mid American Wealth Advisory Group Inc. bought a new stake in shares of Oracle Corporation (NYSE:ORCL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 696 shares of the enterprise software provider’s stock, valued at approximately $152,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORCL. LGT Financial Advisors LLC acquired a new position in shares of Oracle in the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle in the 2nd quarter valued at approximately $34,000. HighMark Wealth Management LLC purchased a new position in Oracle in the 2nd quarter valued at approximately $38,000. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the first quarter worth $27,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the first quarter worth $28,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Oracle news, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% 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 worth $36,428,967 over the last ninety days. 40.90% of the stock is owned by corporate insiders.

Oracle Stock Down 4.9%

ORCL stock opened at $276.93 on Tuesday. The stock has a market cap of $789.47 billion, a P/E ratio of 64.10, a PEG ratio of 3.14 and a beta of 1.53. 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 twelve month low of $118.86 and a twelve month high of $345.72. The company’s 50 day moving average is $272.19 and its two-hundred day moving average is $217.44.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The company’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given 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 dividend yield of 0.7%. Oracle’s dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. DA Davidson lifted their target price on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Jefferies Financial Group lifted their price objective on Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings upgraded shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Mizuho raised their target price on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. Finally, Barclays boosted their price target on shares of Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday. Three equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $323.69.

About Oracle

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.