Logan Capital Management Inc. Sells 2,204 Shares of Oracle Corporation $ORCL

Logan Capital Management Inc. lessened its stake in shares of Oracle Corporation (NYSE:ORCL) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 55,737 shares of the enterprise software provider’s stock after selling 2,204 shares during the period. Logan Capital Management Inc.’s holdings in Oracle were worth $12,186,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Reyes Financial Architecture Inc. raised its stake in shares of Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after acquiring an additional 43 shares during the period. Creative Capital Management Investments LLC grew its holdings in Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after purchasing an additional 43 shares during the last quarter. MFA Wealth Services grew its holdings in Oracle by 1.0% during the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after purchasing an additional 43 shares during the last quarter. Bogart Wealth LLC raised its position in Oracle by 0.4% in the 2nd quarter. Bogart Wealth LLC now owns 11,465 shares of the enterprise software provider’s stock worth $2,507,000 after purchasing an additional 43 shares during the period. Finally, Washington Trust Advisors Inc. lifted its stake in Oracle by 1.9% in the second quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock worth $521,000 after purchasing an additional 44 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 170,769 shares of company stock worth $50,297,667 over the last 90 days. 40.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of analyst reports. Piper Sandler upped their target price on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Cowen reaffirmed a “buy” rating on shares of Oracle in a research report on Friday, October 17th. BMO Capital Markets set a $355.00 target price on Oracle and gave the stock an “outperform” rating in a research note on Monday, October 13th. Melius Research boosted their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, UBS Group upped their price target on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Trading Down 0.7%

ORCL opened at $281.25 on Tuesday. 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 firm has a market cap of $801.78 billion, a price-to-earnings ratio of 65.10, a PEG ratio of 3.04 and a beta of 1.53. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a fifty day moving average price of $275.24 and a 200-day moving average price of $222.60.

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

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid 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 was Thursday, October 9th. 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.