Oracle Corporation $ORCL Shares Purchased by Elyxium Wealth LLC

Elyxium Wealth LLC increased its stake in Oracle Corporation (NYSE:ORCLFree Report) by 6.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,920 shares of the enterprise software provider’s stock after purchasing an additional 563 shares during the quarter. Elyxium Wealth LLC’s holdings in Oracle were worth $1,950,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Lockheed Martin Investment Management Co. boosted its position in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after acquiring an additional 2,110 shares during the last quarter. Private Wealth Asset Management LLC lifted its position in Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after buying an additional 321 shares in the last quarter. Cascade Investment Group Inc. acquired a new position in Oracle during the second quarter valued at approximately $239,000. Lockerman Financial Group Inc. acquired a new position in Oracle during the second quarter valued at approximately $328,000. Finally, Elser Financial Planning Inc acquired a new position in Oracle during the second quarter valued at approximately $1,066,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Trading Down 1.8%

NYSE ORCL opened at $257.85 on Tuesday. The company’s fifty day simple moving average is $278.42 and its 200-day simple moving average is $227.98. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. 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 stock has a market cap of $735.08 billion, a P/E ratio of 59.69, a PEG ratio of 2.96 and a beta of 1.53.

Oracle (NYSE:ORCLGet Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.8%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Transactions at Oracle

In related news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The transaction 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 company’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock valued at $60,227,807 over the last ninety days. 40.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ORCL shares. Cowen reaffirmed a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Morgan Stanley lifted their price target on shares of Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 23rd. Melius Research lifted their price target on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. 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 report on Wednesday, September 10th. Finally, Rothschild & Co Redburn initiated coverage on shares of Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $323.69.

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About Oracle

(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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