Oracle Corporation $ORCL Shares Purchased by IMG Wealth Management Inc.

IMG Wealth Management Inc. grew its stake in shares of Oracle Corporation (NYSE:ORCL) by 74.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,599 shares of the enterprise software provider’s stock after acquiring an additional 680 shares during the quarter. IMG Wealth Management Inc.’s holdings in Oracle were worth $350,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the first quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle during the first quarter valued at about $28,000. Iron Horse Wealth Management LLC increased its holdings in shares of Oracle by 284.9% during the first 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 in the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Oracle during the second quarter valued at about $33,000. Finally, Legend Financial Advisors Inc. acquired a new position in Oracle in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity

In other news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,769 shares of company stock worth $36,428,967. Insiders own 40.90% of the company’s stock.

Analysts Set New Price Targets

ORCL has been the topic of several research reports. BMO Capital Markets set a $355.00 price target on shares of Oracle and gave the stock an “outperform” rating in a report on Monday, October 13th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $310.00 price target on shares of Oracle in a report on Friday. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a report on Thursday, September 25th. Weiss Ratings upgraded shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Finally, Barclays increased their price target on shares of Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Trading Down 4.9%

Oracle stock opened at $276.93 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock’s 50 day simple moving average is $272.19 and its two-hundred day simple moving average is $217.44. The firm has a market cap of $789.47 billion, a PE ratio of 64.10, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCL) last released its quarterly earnings data 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the company posted $1.39 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 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.