Oracle Corporation $ORCL Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its position in Oracle Corporation (NYSE:ORCLFree Report) by 6.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,453 shares of the enterprise software provider’s stock after buying an additional 12,237 shares during the period. Wealthfront Advisers LLC’s holdings in Oracle were worth $42,732,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of ORCL. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock worth $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. increased its position 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 buying an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC raised its stake in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock worth $835,000 after buying an additional 321 shares during the period. Cascade Investment Group Inc. purchased a new position in shares of Oracle during the 2nd quarter valued at approximately $239,000. Finally, Lockerman Financial Group Inc. acquired a new stake in Oracle in the 2nd quarter valued at $328,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Ratings Changes

ORCL has been the subject of a number of research analyst reports. Stephens upped their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research report on Friday, October 17th. Robert W. Baird started coverage on shares of Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 target price for the company. Berenberg Bank raised their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Baird R W upgraded Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald increased their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Get Our Latest Report on Oracle

Insider Buying and Selling at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of Oracle 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 of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction 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 approximately $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 170,769 shares of company stock worth $50,297,667. 40.90% of the stock is currently owned by company insiders.

Oracle Trading Up 1.2%

ORCL opened at $283.45 on Friday. The business has a fifty day moving average price of $274.59 and a 200 day moving average price of $221.04. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. 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 (NYSE:ORCLGet Free Report) last announced its quarterly earnings data 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). 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 quarter in the previous year, the business posted $1.39 EPS. The business’s quarterly 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. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were issued 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 was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) 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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