SVB Wealth LLC Boosts Stock Holdings in Oracle Corporation $ORCL

SVB Wealth LLC grew its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,721 shares of the enterprise software provider’s stock after buying an additional 2,896 shares during the quarter. Oracle accounts for 0.7% of SVB Wealth LLC’s portfolio, making the stock its 28th largest position. SVB Wealth LLC’s holdings in Oracle were worth $11,250,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ORCL. FSA Wealth Management LLC purchased a new stake in shares of Oracle during the third quarter valued at approximately $28,000. Joseph Group Capital Management purchased a new stake in Oracle in the fourth quarter worth approximately $29,000. Investors Research Corp boosted its holdings in Oracle by 465.5% in the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 135 shares during the last quarter. Mpwm Advisory Solutions LLC boosted its holdings in Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, YANKCOM Partnership boosted its holdings in Oracle by 304.7% in the fourth quarter. YANKCOM Partnership now owns 174 shares of the enterprise software provider’s stock worth $34,000 after purchasing an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

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Analysts Set New Price Targets

Several brokerages recently issued reports on ORCL. Cantor Fitzgerald restated an “overweight” rating and issued a $229.00 target price on shares of Oracle in a report on Wednesday, March 11th. Royal Bank Of Canada restated a “sector perform” rating and issued a $160.00 target price on shares of Oracle in a report on Wednesday, March 11th. Arete Research set a $255.00 target price on shares of Oracle and gave the stock a “buy” rating in a report on Thursday. Guggenheim restated a “buy” rating and issued a $400.00 target price on shares of Oracle in a report on Friday, March 13th. Finally, Mizuho dropped their target price on shares of Oracle from $400.00 to $320.00 and set an “outperform” rating on the stock in a report on Monday, March 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average target price of $259.43.

Get Our Latest Report on ORCL

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the transaction, the executive vice president owned 3,429 shares in the company, valued at $604,155.51. This trade represents a 81.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by corporate insiders.

Oracle Trading Down 0.0%

Shares of Oracle stock opened at $195.89 on Monday. The company’s fifty day simple moving average is $157.74 and its 200-day simple moving average is $185.85. The stock has a market capitalization of $563.38 billion, a PE ratio of 35.17, a P/E/G ratio of 1.87 and a beta of 1.55. Oracle Corporation has a 1-year low of $134.57 and a 1-year high of $345.72. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.08. The business had revenue of $17.19 billion for the quarter, compared to analysts’ expectations of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company’s revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.47 EPS. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, April 9th. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

About Oracle

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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