Oracle Corporation $ORCL Holdings Cut by Mission Wealth Management LP

Mission Wealth Management LP trimmed its position in shares of Oracle Corporation (NYSE:ORCL) by 10.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 48,628 shares of the enterprise software provider’s stock after selling 5,662 shares during the quarter. Mission Wealth Management LP’s holdings in Oracle were worth $10,632,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. LGT Financial Advisors LLC purchased a new stake in shares of Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the second quarter worth $34,000. HighMark Wealth Management LLC purchased a new stake in shares of Oracle during the second quarter worth $38,000. Moser Wealth Advisors LLC raised its holdings in shares of Oracle by 1,770.0% during the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after acquiring an additional 177 shares in the last quarter. Finally, Orion Capital Management LLC increased its stake in shares of Oracle by 32.2% during the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Maria Smith sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the transaction, the executive vice president owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 220,134 shares of company stock worth $64,268,949. 40.90% of the stock is currently owned by corporate insiders.

Oracle Trading Up 2.2%

Shares of NYSE:ORCL opened at $262.60 on Friday. The company has a market cap of $748.62 billion, a P/E ratio of 60.79, a P/E/G ratio of 2.96 and a beta of 1.53. The stock’s 50-day moving average is $277.97 and its 200-day moving average is $226.38. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. 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 (NYSE:ORCL) last issued its quarterly 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 during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ORCL. Sanford C. Bernstein increased their price target on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. TD Cowen increased their price target on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Cowen restated a “buy” rating on shares of Oracle in a research note on Friday, October 17th. Piper Sandler increased their price target on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Finally, Cantor Fitzgerald boosted their target price on Oracle from $271.00 to $400.00 and gave the stock an “overweight” 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

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.