Rogco LP Sells 680 Shares of Oracle Corporation $ORCL

Rogco LP reduced its position in Oracle Corporation (NYSE:ORCL) by 17.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,117 shares of the enterprise software provider’s stock after selling 680 shares during the quarter. Rogco LP’s holdings in Oracle were worth $681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in ORCL. Impact Capital Partners LLC increased its position in shares of Oracle by 1.3% during the 2nd quarter. Impact Capital Partners LLC now owns 25,979 shares of the enterprise software provider’s stock valued at $5,680,000 after purchasing an additional 327 shares during the last quarter. Forza Wealth Management LLC lifted its position in Oracle by 7.1% during the second quarter. Forza Wealth Management LLC now owns 4,472 shares of the enterprise software provider’s stock valued at $978,000 after buying an additional 298 shares during the period. Childress Capital Advisors LLC raised its stake in Oracle by 8.7% during the second quarter. Childress Capital Advisors LLC now owns 6,217 shares of the enterprise software provider’s stock valued at $1,359,000 after buying an additional 495 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. lifted its position in Oracle by 10.8% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 675 shares of the enterprise software provider’s stock valued at $147,000 after acquiring an additional 66 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of Oracle by 3.3% in the second quarter. PFG Investments LLC now owns 38,290 shares of the enterprise software provider’s stock worth $8,371,000 after acquiring an additional 1,223 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Naomi O. Seligman sold 3,303 shares of the firm’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares in the company, valued at $7,337,214.04. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 114,314 shares of company stock valued at $33,602,123 over the last 90 days. 42.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ORCL has been the topic of a number of recent research reports. Sanford C. Bernstein raised their target price on Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Oppenheimer reissued an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. BMO Capital Markets set a $345.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. JPMorgan Chase & Co. upped their target price on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Finally, Westpark Capital upped their price target on shares of Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $304.71.

Oracle Trading Down 0.6%

ORCL opened at $281.01 on Wednesday. The stock has a market capitalization of $801.10 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. The business has a fifty day moving average price of $259.82 and a 200 day moving average price of $202.64. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

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 analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is presently 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.