Louisbourg Investments Inc. Sells 7,550 Shares of Oracle Corporation $ORCL

Louisbourg Investments Inc. reduced its stake in Oracle Corporation (NYSE:ORCL) by 33.9% during the second quarter, Holdings Channel.com reports. The firm owned 14,709 shares of the enterprise software provider’s stock after selling 7,550 shares during the quarter. Louisbourg Investments Inc.’s holdings in Oracle were worth $3,065,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Aberdeen Group plc raised its holdings in Oracle by 4.7% during the second quarter. Aberdeen Group plc now owns 1,510,844 shares of the enterprise software provider’s stock valued at $332,733,000 after acquiring an additional 67,570 shares during the period. Agate Pass Investment Management LLC grew its position in Oracle by 36.0% in the second quarter. Agate Pass Investment Management LLC now owns 31,892 shares of the enterprise software provider’s stock worth $6,973,000 after acquiring an additional 8,440 shares in the last quarter. First Fiduciary Investment Counsel Inc. grew its position in Oracle by 1.7% in the second quarter. First Fiduciary Investment Counsel Inc. now owns 73,657 shares of the enterprise software provider’s stock worth $16,104,000 after acquiring an additional 1,196 shares in the last quarter. PDS Planning Inc grew its position in Oracle by 0.5% in the second quarter. PDS Planning Inc now owns 18,374 shares of the enterprise software provider’s stock worth $4,017,000 after acquiring an additional 88 shares in the last quarter. Finally, JB Capital LLC bought a new stake in Oracle in the second quarter worth about $293,000. 42.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by company insiders.

Oracle Stock Performance

Shares of NYSE:ORCL opened at $293.04 on Friday. The company has a market capitalization of $835.40 billion, a price-to-earnings ratio of 67.83, a price-to-earnings-growth ratio of 3.20 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a 50 day moving average of $266.69 and a 200 day moving average of $209.86.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the prior year, the company posted $1.39 EPS. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Wall Street Analyst Weigh In

Several analysts have issued reports on ORCL shares. Redburn Partners set a $175.00 price objective on shares of Oracle in a research note on Thursday, September 25th. Jefferies Financial Group lifted their price target on shares of Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Robert W. Baird started coverage on shares of Oracle in a research note on Wednesday. They set an “outperform” rating and a $365.00 price target for the company. UBS Group set a $364.00 price target on shares of Oracle in a research note on Friday, September 26th. Finally, TD Cowen lifted their price target on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.71.

Oracle 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.