Oracle Corporation $ORCL Shares Sold by Kanawha Capital Management LLC

Kanawha Capital Management LLC trimmed its position in shares of Oracle Corporation (NYSE:ORCL) by 0.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 201,466 shares of the enterprise software provider’s stock after selling 854 shares during the period. Oracle accounts for approximately 3.3% of Kanawha Capital Management LLC’s holdings, making the stock its 3rd biggest position. Kanawha Capital Management LLC’s holdings in Oracle were worth $44,047,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new position in Oracle during the 1st quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC boosted its stake 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 valued at $29,000 after purchasing an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new position in Oracle during the 2nd quarter valued at about $34,000. Finally, HighMark Wealth Management LLC acquired a new position in Oracle during the 2nd quarter valued at about $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction that occurred on 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 owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,769 shares of company stock valued at $36,428,967. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Down 6.7%

ORCL stock opened at $291.95 on Friday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The firm has a market cap of $832.28 billion, a PE ratio of 67.58, a P/E/G ratio of 3.37 and a beta of 1.53. The firm has a 50 day simple moving average of $271.71 and a 200 day simple moving average of $215.37. 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 (NYSE:ORCL) last released its earnings results 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 analyst estimates of $15.04 billion. During the same period in the prior year, the company earned $1.39 earnings per share. The firm’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. Equities research analysts forecast 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 dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle’s dividend payout ratio is currently 46.30%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ORCL. Robert W. Baird began coverage on shares of Oracle in a research note on Wednesday, October 8th. They set an “outperform” rating and a $365.00 target price for the company. Berenberg Bank upped their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. Evercore ISI upped their price target on shares of Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research note on Friday. Piper Sandler upped their price target on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.40.

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.