Summitry LLC Sells 5,299 Shares of Oracle Corporation $ORCL

Summitry LLC trimmed its holdings in Oracle Corporation (NYSE:ORCL) by 61.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,305 shares of the enterprise software provider’s stock after selling 5,299 shares during the period. Summitry LLC’s holdings in Oracle were worth $644,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ORCL. HFM Investment Advisors LLC grew its position in Oracle by 290.9% in the fourth 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 in the last quarter. FSA Wealth Management LLC bought a new stake in Oracle in the third quarter worth approximately $28,000. Joseph Group Capital Management acquired a new stake in shares of Oracle in the fourth quarter worth $29,000. Investors Research Corp lifted its stake in shares of Oracle by 465.5% in the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock worth $32,000 after buying an additional 135 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC lifted its stake in shares of Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock worth $32,000 after buying an additional 50 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ORCL shares. Monness Crespi & Hardt restated a “hold” rating on shares of Oracle in a research note on Wednesday, March 11th. Mizuho reduced their price objective on shares of Oracle from $400.00 to $320.00 and set an “outperform” rating for the company in a research note on Monday, March 16th. Jefferies Financial Group reduced their price objective 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. UBS Group restated a “buy” rating on shares of Oracle in a research note on Monday, February 2nd. Finally, Stephens restated an “equal weight” rating and issued a $254.00 price objective on shares of Oracle in a research note on Tuesday, April 7th. Three 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, Oracle currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.46.

Insider Buying and Selling

In related news, EVP Stuart Levey sold 15,000 shares of the company’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 transaction, the executive vice president directly owned 3,429 shares in the company, valued at $604,155.51. This represents a 81.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by insiders.

Oracle Price Performance

NYSE:ORCL opened at $192.13 on Tuesday. The stock has a market cap of $552.58 billion, a P/E ratio of 34.49, a PEG ratio of 1.83 and a beta of 1.55. Oracle Corporation has a one year low of $134.57 and a one year high of $345.72. The company has a fifty day moving average price of $166.93 and a 200 day moving average price of $179.05. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35.

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

Oracle Announces Dividend

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