Wealthcare Advisory Partners LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 5.3% in the 2nd quarter, Holdings Channel reports. The fund owned 40,375 shares of the enterprise software provider’s stock after acquiring an additional 2,034 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Oracle were worth $8,827,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. Redmont Wealth Advisors LLC acquired a new stake in shares of Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC boosted its stake in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Insider Buying and Selling at Oracle
In related news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Get Our Latest Research Report on Oracle
Oracle Trading Down 0.9%
Oracle stock opened at $286.23 on Friday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. 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 firm has a market capitalization of $815.99 billion, a price-to-earnings ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. The firm has a 50-day moving average price of $262.53 and a two-hundred day moving average price of $205.48.
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the firm posted $1.39 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.
Oracle Announces Dividend
The firm also recently declared 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.
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.
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