Westside Investment Management Inc. Purchases 657 Shares of Oracle Corporation $ORCL

Westside Investment Management Inc. grew its position in Oracle Corporation (NYSE:ORCL) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,850 shares of the enterprise software provider’s stock after purchasing an additional 657 shares during the quarter. Westside Investment Management Inc.’s holdings in Oracle were worth $3,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of ORCL. Iron Horse Wealth Management LLC lifted its holdings in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares in the last quarter. LGT Financial Advisors LLC purchased a new position in shares of Oracle in the second quarter worth $33,000. Legend Financial Advisors Inc. purchased a new position in shares of Oracle in the second quarter worth $34,000. HighMark Wealth Management LLC purchased a new position in shares of Oracle in the second quarter worth $38,000. Finally, Graybill Wealth Management LTD. purchased a new position in shares of Oracle in the first quarter worth $39,000. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the sale, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. The trade was a 20.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 220,134 shares of company stock worth $64,268,949 over the last quarter. Corporate insiders own 40.90% of the company’s stock.

Oracle Trading Up 2.2%

ORCL stock 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. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market capitalization of $748.62 billion, a price-to-earnings ratio of 60.79, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53. The firm’s fifty day simple moving average is $277.97 and its two-hundred day simple moving average is $227.06.

Oracle (NYSE:ORCL) last posted 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 firm 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%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Analyst Ratings Changes

ORCL has been the topic of several research analyst reports. Citigroup reissued a “buy” rating on shares of Oracle in a report on Friday, October 10th. Robert W. Baird initiated coverage on shares of Oracle in a report on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 target price on the stock. Stifel Nicolaus boosted their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. BMO Capital Markets set a $355.00 target price on shares of Oracle and gave the stock an “outperform” rating in a report on Monday, October 13th. Finally, Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and an average price target of $323.69.

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.