Grey Fox Wealth Advisors LLC acquired a new stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 1,275 shares of the enterprise software provider’s stock, valued at approximately $279,000.
Several other hedge funds also recently bought and sold shares of the company. LGT Financial Advisors LLC bought a new position in shares of Oracle in the second quarter worth about $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle during the second quarter valued at approximately $34,000. HighMark Wealth Management LLC purchased a new position in shares of Oracle in the second quarter worth $38,000. Moser Wealth Advisors LLC boosted its position 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 during the last quarter. Finally, Orion Capital Management LLC grew its stake in Oracle by 32.2% during the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock valued at $42,000 after acquiring an additional 47 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.
Insider Buying and Selling
In related news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 204,254 shares of company stock worth $60,227,807 over the last ninety days. Corporate insiders own 40.90% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on ORCL
Oracle Price Performance
Oracle stock opened at $244.02 on Friday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a 50-day moving average price of $279.05 and a 200-day moving average price of $229.07. The firm has a market capitalization of $695.65 billion, a PE ratio of 56.49, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51.
Oracle (NYSE:ORCL – Get Free Report) 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 the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.
Oracle Dividend Announcement
The firm also recently disclosed 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 was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s payout ratio is presently 46.30%.
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.
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