Oracle Corporation $ORCL Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its holdings in shares of Oracle Corporation (NYSE:ORCLFree 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

Several equities analysts have recently commented on the stock. Guggenheim increased their price target on shares of Oracle from $250.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. The Goldman Sachs Group increased their target price on Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. DA Davidson boosted their price target on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. UBS Group set a $364.00 price objective on Oracle in a research note on Friday, September 26th. Finally, Berenberg Bank boosted their target price on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research note on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

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:ORCLGet 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

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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