Savvy Advisors Inc. Purchases 1,220 Shares of Oracle Corporation $ORCL

Savvy Advisors Inc. grew its stake in Oracle Corporation (NYSE:ORCL) by 11.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,632 shares of the enterprise software provider’s stock after acquiring an additional 1,220 shares during the quarter. Savvy Advisors Inc.’s holdings in Oracle were worth $2,543,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. LGT Financial Advisors LLC purchased a new stake in Oracle during the second quarter valued at $33,000. Legend Financial Advisors Inc. bought a new position in shares of Oracle in the second quarter worth about $34,000. HighMark Wealth Management LLC bought a new position in Oracle during the second quarter valued at approximately $38,000. Moser Wealth Advisors LLC lifted its stake in shares of Oracle by 1,770.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock valued at $41,000 after purchasing an additional 177 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in shares of Oracle by 32.2% in the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock valued at $42,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Activity

In related news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s 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 transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 170,769 shares of company stock valued at $50,297,667. Insiders own 40.90% of the company’s stock.

Oracle Stock Down 2.0%

Oracle stock opened at $275.20 on Thursday. Oracle Corporation has a 1-year low of $118.86 and a 1-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 stock has a market cap of $784.54 billion, a PE ratio of 63.70, a P/E/G ratio of 3.02 and a beta of 1.53. The stock’s fifty day moving average is $276.97 and its two-hundred day moving average is $224.63.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Scotiabank raised their price objective on Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Baird R W upgraded Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Weiss Ratings cut Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. DA Davidson upped their price target on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Finally, Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $295.00 to $368.00 in a research note on Wednesday, September 10th. Three equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $323.69.

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.