Kingsview Wealth Management LLC Decreases Stock Position in Oracle Corporation $ORCL

Kingsview Wealth Management LLC cut its holdings in Oracle Corporation (NYSE:ORCL) by 0.2% in the second quarter, HoldingsChannel reports. The firm owned 379,648 shares of the enterprise software provider’s stock after selling 848 shares during the quarter. Oracle accounts for 1.4% of Kingsview Wealth Management LLC’s portfolio, making the stock its 11th largest position. Kingsview Wealth Management LLC’s holdings in Oracle were worth $83,002,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ORCL. Snider Financial Group increased its position in shares of Oracle by 1.3% during the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider’s stock valued at $701,000 after purchasing an additional 40 shares during the last quarter. SNS Financial Group LLC raised its stake in shares of Oracle by 0.9% in the second quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider’s stock valued at $1,070,000 after acquiring an additional 42 shares during the period. Reyes Financial Architecture Inc. lifted its holdings in shares of Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the last quarter. Creative Capital Management Investments LLC boosted its stake in shares of Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after purchasing an additional 43 shares during the period. Finally, MFA Wealth Services grew its holdings in Oracle by 1.0% during the 2nd quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other 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 sale, the director directly owned 151,999 shares of the company’s stock, valued at $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 204,254 shares of company stock valued at $60,227,807. Company insiders own 40.90% of the company’s stock.

Oracle Stock Performance

ORCL stock opened at $222.88 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The firm has a market cap of $635.37 billion, a price-to-earnings ratio of 51.59, a PEG ratio of 2.96 and a beta of 1.51. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a 50-day simple moving average of $279.59 and a two-hundred day simple moving average of $233.78.

Oracle (NYSE:ORCL) last posted its quarterly earnings data 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). The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid 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 0.9%. Oracle’s payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Morgan Stanley lifted their target price on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. Cowen reaffirmed a “buy” rating on shares of Oracle in a research note on Friday, October 17th. Rothschild & Co Redburn assumed coverage on shares of Oracle in a research note on Thursday, September 25th. They issued a “sell” rating and a $175.00 target price on the stock. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and lifted their price target for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. Finally, Cantor Fitzgerald boosted 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. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

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.