Oracle Corporation $ORCL Shares Sold by Atlantic Edge Private Wealth Management LLC

Atlantic Edge Private Wealth Management LLC lowered its holdings in shares of Oracle Corporation (NYSE:ORCL) by 18.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,027 shares of the enterprise software provider’s stock after selling 3,674 shares during the period. Oracle accounts for 1.0% of Atlantic Edge Private Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Atlantic Edge Private Wealth Management LLC’s holdings in Oracle were worth $3,504,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the 1st quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC lifted its stake in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the 2nd quarter worth $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Oracle in the 2nd quarter worth $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

ORCL has been the subject of several recent analyst reports. Guggenheim raised their target price on shares of Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday. Royal Bank Of Canada restated a “sector perform” rating and issued a $310.00 target price on shares of Oracle in a research note on Friday. Citigroup restated a “buy” rating on shares of Oracle in a research note on Friday, October 10th. BMO Capital Markets set a $355.00 target price on shares of Oracle and gave the stock an “outperform” rating in a research note on Monday, October 13th. Finally, Robert W. Baird initiated coverage on shares of Oracle in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Oracle Stock Down 4.9%

Shares of NYSE ORCL opened at $276.93 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The firm has a 50-day moving average price of $272.19 and a 200 day moving average price of $217.44. The stock has a market capitalization of $789.47 billion, a price-to-earnings ratio of 64.10, a price-to-earnings-growth ratio of 3.14 and a beta of 1.53.

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

Oracle Dividend Announcement

The company 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 dividend of $0.50 per share. 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%.

Insider Buying and Selling at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on 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 sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at $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 SEC, which is accessible through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares in the company, valued at $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. In the last quarter, insiders sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by company insiders.

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.