Forte Asset Management LLC Purchases New Stake in Oracle Corporation $ORCL

Forte Asset Management LLC purchased a new stake in Oracle Corporation (NYSE:ORCL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,080 shares of the enterprise software provider’s stock, valued at approximately $236,000.

Other hedge funds have also bought and sold shares of the company. LGT Financial Advisors LLC acquired a new stake in Oracle in the 2nd quarter valued at $33,000. Legend Financial Advisors Inc. acquired a new stake in Oracle in the 2nd quarter valued at $34,000. HighMark Wealth Management LLC bought a new position in Oracle during the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC lifted its stake in Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after acquiring an additional 177 shares in the last quarter. Finally, Redmont Wealth Advisors LLC bought a new position in Oracle during the 1st quarter valued at $27,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In related news, 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 completion of the sale, the insider 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 170,769 shares of company stock worth $50,297,667 in the last quarter. 40.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Rothschild & Co Redburn assumed coverage on Oracle in a research note on Thursday, September 25th. They set a “sell” rating and a $175.00 price objective on the stock. William Blair restated an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. Robert W. Baird assumed coverage on Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 price objective on the stock. BMO Capital Markets set a $355.00 price objective on Oracle and gave the company an “outperform” rating in a research note on Monday, October 13th. Finally, Cowen restated a “buy” rating on shares of Oracle in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Trading Up 1.2%

NYSE ORCL opened at $283.45 on Friday. The stock has a market capitalization of $808.05 billion, a price-to-earnings ratio of 65.61, a PEG ratio of 3.04 and a beta of 1.53. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. 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 business’s fifty day moving average is $274.59 and its 200-day moving average is $221.04.

Oracle (NYSE:ORCL) last released 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 return on equity of 72.93% and a net margin of 21.08%.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 earned $1.39 earnings per share. The company’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. Equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 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.