Glass Jacobson Investment Advisors llc Reduces Stock Position in Oracle Corporation $ORCL

Glass Jacobson Investment Advisors llc trimmed its holdings in shares of Oracle Corporation (NYSE:ORCL) by 74.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 600 shares of the enterprise software provider’s stock after selling 1,707 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Oracle were worth $131,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. lifted its position in Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after buying an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. raised its stake in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Private Wealth Asset Management LLC raised its stake in shares of Oracle by 9.2% in the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after acquiring an additional 321 shares during the period. Cascade Investment Group Inc. bought a new stake in shares of Oracle in the 2nd quarter worth about $239,000. Finally, Lockerman Financial Group Inc. purchased a new position in shares of Oracle during the 2nd quarter worth about $328,000. 42.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

ORCL has been the subject of several analyst reports. UBS Group raised their price objective on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Piper Sandler raised their price target on Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Scotiabank upped their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. TD Cowen lifted their target price on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, Melius Research upped their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Insider Buying and Selling

In other Oracle news, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president owned 47,083 shares in the company, valued at $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of Oracle stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the transaction, the chief executive officer owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 170,769 shares of company stock valued at $50,297,667 over the last ninety days. Company insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of Oracle stock opened at $283.45 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock’s fifty day moving average price is $274.59 and its 200-day moving average price is $221.04. The firm has a market cap of $808.05 billion, a P/E ratio of 65.61, a P/E/G ratio of 3.04 and a beta of 1.53. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Oracle 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.