Highlander Partners L.P. Purchases Shares of 1,170 Oracle Corporation $ORCL

Highlander Partners L.P. acquired a new position in shares of Oracle Corporation (NYSE:ORCL) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 1,170 shares of the enterprise software provider’s stock, valued at approximately $256,000.

A number of other hedge funds have also modified their holdings of ORCL. ROI Financial Advisors LLC purchased a new stake in shares of Oracle during the second quarter valued at $230,000. Cloud Capital Management LLC increased its stake in Oracle by 35.5% in the 2nd quarter. Cloud Capital Management LLC now owns 1,325 shares of the enterprise software provider’s stock worth $290,000 after purchasing an additional 347 shares in the last quarter. New Millennium Group LLC raised its holdings in Oracle by 99.3% during the 2nd quarter. New Millennium Group LLC now owns 14,094 shares of the enterprise software provider’s stock worth $3,081,000 after buying an additional 7,022 shares during the period. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in Oracle during the second quarter valued at about $12,571,000. Finally, Axim Planning & Wealth acquired a new position in shares of Oracle in the second quarter worth about $212,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on 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 owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Maria Smith sold 5,000 shares of the company’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 completion of the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 204,254 shares of company stock valued at $60,227,807. Insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. BNP Paribas set a $377.00 price target on shares of Oracle in a report on Wednesday, September 10th. Rothschild Redb upgraded shares of Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Scotiabank increased their target price on Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Friday, October 17th. BMO Capital Markets set a $355.00 price target on Oracle and gave the company an “outperform” rating in a report on Monday, October 13th. Finally, Stephens upped their price target on Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Price Performance

Shares of NYSE:ORCL opened at $250.26 on Thursday. The firm has a market cap of $713.44 billion, a price-to-earnings ratio of 57.93, a P/E/G ratio of 2.96 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year 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 business has a fifty day simple moving average of $278.97 and a 200 day simple moving average of $228.97.

Oracle (NYSE:ORCL) last issued its earnings results 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the company earned $1.39 earnings per share. 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. As a group, sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

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.