Wealth Advisors of Iowa LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 1,065 shares of the enterprise software provider’s stock, valued at approximately $233,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Lockheed Martin Investment Management Co. increased its position in Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after buying an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC lifted its position in shares of 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 in the last quarter. Soltis Investment Advisors LLC boosted its stake in shares of Oracle by 4.8% during the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock valued at $7,201,000 after acquiring an additional 1,515 shares during the last quarter. Cascade Investment Group Inc. purchased a new stake in Oracle during the 2nd quarter worth about $239,000. Finally, Lockerman Financial Group Inc. purchased a new stake in Oracle during the 2nd quarter worth about $328,000. Institutional investors and hedge funds own 42.44% of the company’s stock.
Insider Buying and Selling
In related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. The trade was a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 204,254 shares of company stock worth $60,227,807. Corporate insiders own 40.90% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Report on Oracle
Oracle Stock Performance
Shares of ORCL stock opened at $210.52 on Friday. 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 market capitalization of $600.15 billion, a price-to-earnings ratio of 48.73, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a 50 day moving average price of $274.80 and a 200 day moving average price of $235.21.
Oracle (NYSE:ORCL – Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 EPS for the current 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 paid a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.0%. Oracle’s dividend payout ratio is currently 46.30%.
Oracle 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.
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