First Horizon Advisors Inc. Sells 1,458 Shares of Oracle Corporation $ORCL

First Horizon Advisors Inc. reduced its position in shares of Oracle Corporation (NYSE:ORCL) by 4.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,778 shares of the enterprise software provider’s stock after selling 1,458 shares during the period. First Horizon Advisors Inc.’s holdings in Oracle were worth $6,292,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Iron Horse Wealth Management LLC lifted its position in shares of Oracle by 284.9% during the 1st 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 bought a new position in shares of Oracle during the 2nd quarter worth approximately $33,000. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter worth $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter worth $38,000. Finally, Graybill Wealth Management LTD. bought a new stake in Oracle during the first quarter worth $39,000. 42.44% of the stock is owned by institutional investors.

Oracle Stock Performance

NYSE ORCL opened at $250.26 on Thursday. The company’s 50 day moving average is $278.97 and its 200-day moving average is $228.97. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. 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 market cap of $713.44 billion, a P/E ratio of 57.93, a price-to-earnings-growth ratio of 2.96 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the firm earned $1.39 EPS. The business’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. Sell-side analysts predict 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. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the topic of a number of recent analyst reports. DA Davidson lifted their target price on Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 10th. Cowen reiterated a “buy” rating on shares of Oracle in a research note on Friday, October 17th. JPMorgan Chase & Co. lifted their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. BNP Paribas set a $377.00 price objective on shares of Oracle in a research report on Wednesday, September 10th. Finally, Morgan Stanley lifted their price objective on shares of Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Three 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Insider Activity at Oracle

In related news, EVP Maria Smith sold 5,000 shares of the business’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the sale, the executive vice president directly owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 204,254 shares of company stock worth $60,227,807 in the last 90 days. 40.90% of the stock is owned by company insiders.

About Oracle

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.