4,640 Shares in Oracle Corporation $ORCL Purchased by Asahi Life Asset Management CO. LTD.

Asahi Life Asset Management CO. LTD. bought a new stake in Oracle Corporation (NYSE:ORCLFree Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,640 shares of the enterprise software provider’s stock, valued at approximately $1,014,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lockheed Martin Investment Management Co. boosted its stake in 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 valued at $7,179,000 after acquiring an additional 2,110 shares during the period. Private Wealth Asset Management LLC boosted its stake in Oracle by 9.2% in 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 acquiring an additional 321 shares during the period. Cascade Investment Group Inc. acquired a new position in Oracle in the second quarter valued at approximately $239,000. Lockerman Financial Group Inc. acquired a new position in Oracle in the second quarter valued at approximately $328,000. Finally, Alexis Investment Partners LLC raised its holdings in shares of Oracle by 38.0% during the second quarter. Alexis Investment Partners LLC now owns 4,540 shares of the enterprise software provider’s stock valued at $954,000 after buying an additional 1,249 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ORCL shares. Guggenheim lifted their price target on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday, October 17th. Cantor Fitzgerald lifted their price target on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Stifel Nicolaus lifted their price target on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Cowen reaffirmed a “buy” rating on shares of Oracle in a report on Friday, October 17th. Finally, Redburn Partners set a $175.00 price target on Oracle in a report on Thursday, September 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

View Our Latest Research Report on Oracle

Insider Buying and Selling

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the transaction, the director owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s 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 completion of the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 204,254 shares of company stock valued at $60,227,807 in the last three months. Insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of NYSE:ORCL opened at $250.26 on Thursday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a market cap of $713.44 billion, a price-to-earnings ratio of 57.93, a PEG ratio of 2.96 and a beta of 1.53. The stock’s 50 day moving average price is $278.97 and its 200 day moving average price is $228.97. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

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

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders 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 dividend yield of 0.8%. Oracle’s dividend payout ratio is currently 46.30%.

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.

Further Reading

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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