Oracle Corporation $ORCL Shares Purchased by Ellerson Group Inc. ADV

Ellerson Group Inc. ADV raised its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 12.9% in the first quarter, HoldingsChannel.com reports. The firm owned 34,828 shares of the enterprise software provider’s stock after buying an additional 3,990 shares during the period. Oracle comprises about 3.4% of Ellerson Group Inc. ADV’s investment portfolio, making the stock its 9th biggest holding. Ellerson Group Inc. ADV’s holdings in Oracle were worth $5,124,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. HFM Investment Advisors LLC lifted its holdings in shares of Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after buying an additional 96 shares during the period. Basepoint Wealth LLC acquired a new position in Oracle during the fourth quarter worth about $26,000. FSA Wealth Management LLC acquired a new position in Oracle during the third quarter worth about $28,000. Osbon Capital Management LLC bought a new stake in Oracle in the fourth quarter worth about $28,000. Finally, Joseph Group Capital Management bought a new stake in Oracle in the fourth quarter worth about $29,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the completion of the transaction, the insider owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Stuart Levey sold 15,000 shares of Oracle stock in a transaction that occurred on Thursday, April 16th. The stock was 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 approximately $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ORCL. Wolfe Research restated an “outperform” rating and set a $225.00 price objective on shares of Oracle in a research report on Thursday, June 11th. Oppenheimer boosted their target price on shares of Oracle from $235.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Sanford C. Bernstein increased their target price on shares of Oracle from $319.00 to $325.00 and gave the company an “outperform” rating in a research note on Thursday, June 11th. BMO Capital Markets raised their target price on shares of Oracle from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Finally, Arete Research set a $255.00 price target on shares of Oracle and gave the stock a “buy” rating in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $268.27.

Check Out Our Latest Stock Report on Oracle

Oracle Trading Down 2.7%

Shares of ORCL opened at $127.96 on Wednesday. The business’s 50-day moving average price is $181.33 and its 200 day moving average price is $170.74. The stock has a market capitalization of $368.58 billion, a P/E ratio of 21.95, a P/E/G ratio of 0.83 and a beta of 1.72. Oracle Corporation has a 1-year low of $127.60 and a 1-year high of $345.72. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The company had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Analysts expect that Oracle Corporation will post 6.47 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, July 10th. Oracle’s dividend payout ratio is 34.31%.

Trending Headlines about Oracle

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Oracle Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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