Malaga Cove Capital LLC Has $3.27 Million Position in Oracle Corporation $ORCL

Malaga Cove Capital LLC trimmed its position in shares of Oracle Corporation (NYSE:ORCL) by 4.3% during the second quarter, HoldingsChannel.com reports. The firm owned 14,951 shares of the enterprise software provider’s stock after selling 674 shares during the period. Oracle makes up approximately 1.3% of Malaga Cove Capital LLC’s portfolio, making the stock its 21st biggest holding. Malaga Cove Capital LLC’s holdings in Oracle were worth $3,269,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Iron Horse Wealth Management LLC grew its holdings in 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 acquiring an additional 151 shares during the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Oracle during the second quarter worth $33,000. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the second quarter worth $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle in the second quarter valued at $38,000. Finally, Graybill Wealth Management LTD. acquired a new position in Oracle during the 1st quarter worth about $39,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Transactions at Oracle

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the business’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 transaction, the executive vice president owned 47,083 shares in the company, valued at approximately $13,212,431.46. The trade was a 9.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 204,254 shares of company stock valued at $60,227,807. Company insiders own 40.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ORCL shares. Morgan Stanley raised their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Piper Sandler raised their price target on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Stephens upped their price objective on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a research note on Friday, October 17th. Guggenheim increased their price objective on shares of Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $320.00 target price on shares of Oracle in a report on Monday, October 20th. 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 issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Stock Down 2.5%

Oracle stock opened at $244.02 on Friday. The company has a market capitalization of $695.65 billion, a PE ratio of 56.49, a PEG ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm’s fifty day moving average is $279.05 and its 200 day moving average is $229.07. 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 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 net margin of 21.08% and a return on equity of 72.93%. The company 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 posted $1.39 earnings per share. The company’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 EPS for the current fiscal year.

Oracle Announces Dividend

The company 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 was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.8%. Oracle’s dividend payout ratio is presently 46.30%.

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.