Continuum Wealth Advisors LLC Makes New Investment in Oracle Corporation $ORCL

Continuum Wealth Advisors LLC purchased a new position in shares of Oracle Corporation (NYSE:ORCLFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 918 shares of the enterprise software provider’s stock, valued at approximately $201,000.

A number of other large investors have also modified their holdings of ORCL. Iron Horse Wealth Management LLC raised its holdings in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after acquiring an additional 151 shares during the last quarter. LGT Financial Advisors LLC acquired a new stake in shares of Oracle in the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC acquired a new position in Oracle during the second quarter worth $38,000. Finally, Graybill Wealth Management LTD. purchased a new stake in Oracle in the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. William Blair reiterated an “outperform” rating on shares of Oracle in a report on Friday, October 17th. 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 report on Wednesday, September 10th. Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Piper Sandler upped their price target on Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Baird R W raised shares of Oracle to a “strong-buy” rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Get Our Latest Report on Oracle

Oracle Trading Up 2.2%

NYSE ORCL opened at $262.60 on Monday. 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 $277.97 and a two-hundred day moving average of $227.06. The stock has a market capitalization of $748.62 billion, a PE ratio of 60.79, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last released 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the business posted $1.39 EPS. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders 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 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Insider Activity at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of Oracle stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the transaction, the director owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the sale, the chief executive officer owned 154,030 shares in the company, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 220,134 shares of company stock worth $64,268,949 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Oracle Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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