Oracle Corporation $ORCL Shares Sold by Centerpoint Advisors LLC

Centerpoint Advisors LLC cut its stake in Oracle Corporation (NYSE:ORCL) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,612 shares of the enterprise software provider’s stock after selling 100 shares during the quarter. Oracle makes up approximately 0.5% of Centerpoint Advisors LLC’s investment portfolio, making the stock its 27th largest position. Centerpoint Advisors LLC’s holdings in Oracle were worth $1,446,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Nuveen LLC purchased a new stake in shares of Oracle in the first quarter valued at approximately $732,692,000. Vanguard Group Inc. increased its position in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Oracle in the second quarter valued at approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Oracle by 79.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after buying an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of Oracle by 840.7% in the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock valued at $463,380,000 after buying an additional 1,894,157 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Stock Down 0.7%

Shares of ORCL opened at $281.25 on Tuesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The stock has a market capitalization of $801.78 billion, a price-to-earnings ratio of 65.10, a PEG ratio of 3.04 and a beta of 1.53. The stock has a 50 day moving average price of $275.24 and a 200 day moving average price of $222.60.

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

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ORCL. Stephens boosted their price objective on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research report on Friday, October 17th. Evercore ISI boosted their price objective on Oracle from $350.00 to $385.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Citigroup restated a “buy” rating on shares of Oracle in a research report on Friday, October 10th. Cowen restated a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Finally, William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Insider Buying and Selling

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 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. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 170,769 shares of company stock worth $50,297,667 over the last quarter. Corporate insiders own 40.90% of the company’s stock.

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.