Whalen Wealth Management Inc. Sells 850 Shares of Oracle Corporation $ORCL

Whalen Wealth Management Inc. decreased its holdings in shares of Oracle Corporation (NYSE:ORCL) by 25.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 2,509 shares of the enterprise software provider’s stock after selling 850 shares during the period. Whalen Wealth Management Inc.’s holdings in Oracle were worth $549,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. LGT Financial Advisors LLC bought a new position in shares of Oracle during the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new position in Oracle in the second quarter worth approximately $38,000. Moser Wealth Advisors LLC increased its holdings in Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the period. Finally, Orion Capital Management LLC increased its holdings in Oracle by 32.2% during the 2nd quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock worth $42,000 after purchasing an additional 47 shares during the period. Institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. DA Davidson raised their price objective on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, September 10th. Wolfe Research raised their price objective on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Berenberg Bank raised their price objective on Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a report on Monday, September 15th. The Goldman Sachs Group restated a “neutral” rating and set a $320.00 price objective on shares of Oracle in a report on Monday, October 20th. Finally, Baird R W upgraded Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $323.69.

Oracle Stock Down 0.2%

Shares of NYSE ORCL opened at $280.85 on Wednesday. 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 stock has a market capitalization of $800.65 billion, a PE ratio of 65.01, a price-to-earnings-growth ratio of 3.02 and a beta of 1.53. The stock’s fifty day simple moving average is $276.17 and its two-hundred day simple moving average is $223.63. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last announced its earnings results 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). The company 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 firm’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date of this dividend was 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 presently 46.30%.

Insider Transactions at Oracle

In other news, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This trade represents a 9.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. The trade was a 20.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 170,769 shares of company stock worth $50,297,667. 40.90% of the stock is currently owned by corporate insiders.

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.