Oracle Corporation $ORCL Shares Purchased by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC grew its stake in Oracle Corporation (NYSE:ORCL) by 24.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 8,434 shares of the enterprise software provider’s stock after buying an additional 1,656 shares during the quarter. Prosperity Consulting Group LLC’s holdings in Oracle were worth $1,844,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Lockheed Martin Investment Management Co. boosted its stake in shares of Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after buying an additional 2,110 shares during the period. Private Wealth Asset Management LLC boosted its stake in shares of Oracle by 9.2% in the 2nd 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 during the period. Cascade Investment Group Inc. purchased a new position in shares of Oracle in the 2nd quarter valued at about $239,000. Lockerman Financial Group Inc. purchased a new position in shares of Oracle in the 2nd quarter valued at about $328,000. Finally, Elser Financial Planning Inc purchased a new position in shares of Oracle in the 2nd quarter valued at about $1,066,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 154,030 shares in the company, valued at approximately $42,610,859.20. This trade represents a 20.62% 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, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORCL. DA Davidson lifted their price objective on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. UBS Group lifted their price objective on Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Scotiabank increased their price objective on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Citigroup restated a “buy” rating on shares of Oracle in a research note on Friday, October 10th. Finally, Stephens boosted their target price on Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research note 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’s stock. Based on data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Trading Down 3.8%

NYSE:ORCL opened at $248.14 on Wednesday. The company has a market capitalization of $707.40 billion, a PE ratio of 57.44, a P/E/G 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. The stock’s 50 day moving average price is $278.69 and its 200 day moving average price is $228.82. 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 (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 the consensus estimate of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

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.