Investment Planning Advisors Inc. bought a new position in shares of Oracle Corporation (NYSE:ORCL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 987 shares of the enterprise software provider’s stock, valued at approximately $216,000.
A number of other large investors have also modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle during the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its stake in shares of Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares in the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the 2nd quarter worth approximately $34,000. Finally, Graybill Wealth Management LTD. purchased a new position in shares of Oracle during the 1st quarter worth approximately $39,000. 42.44% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Oracle
In other news, insider Clayton M. Magouyrk sold 21,241 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on ORCL
Oracle Price Performance
ORCL stock opened at $289.18 on Friday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock’s fifty day simple moving average is $261.71 and its 200-day simple moving average is $204.17. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a market capitalization of $824.39 billion, a price-to-earnings ratio of 66.94, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53.
Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings data 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the business earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts expect that Oracle Corporation will post 5 EPS for the current year.
Oracle Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 46.30%.
About Oracle
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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