Oracle Corporation $ORCL Shares Sold by Genus Capital Management Inc.

Genus Capital Management Inc. reduced its stake in shares of Oracle Corporation (NYSE:ORCL) by 96.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,088 shares of the enterprise software provider’s stock after selling 30,108 shares during the quarter. Genus Capital Management Inc.’s holdings in Oracle were worth $212,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC acquired a new position in shares of Oracle during the 3rd quarter worth approximately $28,000. Mpwm Advisory Solutions LLC raised its position in shares of Oracle by 76.9% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Oracle during the 3rd quarter worth approximately $35,000. HFM Investment Advisors LLC grew its stake in Oracle by 290.9% in the 4th quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after acquiring an additional 96 shares during the period. Finally, Collier Financial purchased a new stake in Oracle in the 3rd quarter worth approximately $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the sale, the executive vice president directly owned 3,429 shares of the company’s stock, valued at $604,155.51. The trade was a 81.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have commented on ORCL shares. Jefferies Financial Group lowered their target price on shares of Oracle from $400.00 to $320.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Wedbush lifted their target price on shares of Oracle from $225.00 to $275.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Melius Research set a $160.00 target price on shares of Oracle in a research note on Monday, February 9th. TD Cowen lowered their target price on shares of Oracle from $350.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Finally, Robert W. Baird lowered their target price on shares of Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.46.

Oracle Stock Up 0.0%

Shares of NYSE ORCL opened at $192.13 on Tuesday. Oracle Corporation has a 52-week low of $134.57 and a 52-week high of $345.72. The firm has a fifty day moving average of $166.93 and a 200-day moving average of $179.05. The stock has a market capitalization of $552.58 billion, a PE ratio of 34.49, a P/E/G ratio of 1.83 and a beta of 1.55. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.08. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company had revenue of $17.19 billion during the quarter, compared to analysts’ expectations of $16.91 billion. During the same period in the previous year, the company earned $1.47 EPS. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, analysts anticipate that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Oracle’s payout ratio is currently 35.91%.

Oracle Company Profile

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.