Oracle Corporation $ORCL Shares Sold by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. trimmed its holdings in Oracle Corporation (NYSE:ORCL) by 1.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,368 shares of the enterprise software provider’s stock after selling 156 shares during the quarter. Oracle comprises approximately 1.4% of Investment Partners Asset Management Inc.’s portfolio, making the stock its 18th biggest position. Investment Partners Asset Management Inc.’s holdings in Oracle were worth $2,048,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the first quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its holdings 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 worth $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the 2nd quarter valued at $34,000. Finally, Graybill Wealth Management LTD. acquired a new stake in Oracle in the 1st quarter worth approximately $39,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 112,092 shares of company stock worth $32,960,165. Insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent analyst reports. Sanford C. Bernstein reissued an “outperform” rating on shares of Oracle in a research note on Thursday, September 11th. Evercore ISI raised their price objective on Oracle from $270.00 to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Loop Capital set a $135.00 price objective on shares of Oracle in a report on Tuesday, June 10th. Morgan Stanley increased their target price on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Barclays upped their price target on shares of Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $298.06.

Oracle Price Performance

Shares of Oracle stock opened at $291.28 on Friday. The firm has a market cap of $827.73 billion, a PE ratio of 67.43, a PEG ratio of 3.33 and a beta of 1.46. 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 50 day moving average of $257.43 and a 200 day moving average of $199.48. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 firm 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 earnings per share. Oracle’s quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s payout ratio is 46.30%.

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.