Kingsman Wealth Management Inc. Sells 605 Shares of Oracle Corporation $ORCL

Kingsman Wealth Management Inc. cut its stake in shares of Oracle Corporation (NYSE:ORCL) by 18.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,659 shares of the enterprise software provider’s stock after selling 605 shares during the quarter. Kingsman Wealth Management Inc.’s holdings in Oracle were worth $581,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC increased its holdings in shares of Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Graybill Wealth Management LTD. bought a new stake in shares of Oracle in the 1st quarter worth $39,000. Finally, Operose Advisors LLC increased its holdings in Oracle by 50.2% in the 1st quarter. Operose Advisors LLC now owns 314 shares of the enterprise software provider’s stock worth $44,000 after buying an additional 105 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares in the company, valued at $7,337,214.04. This represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 112,092 shares of company stock valued at $32,960,165. Insiders own 42.20% of the company’s stock.

Oracle Stock Performance

NYSE:ORCL opened at $291.28 on Friday. The stock has a 50-day simple moving average of $257.43 and a two-hundred day simple moving average of $199.48. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. 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 $827.73 billion, a PE ratio of 67.43, a P/E/G ratio of 3.33 and a beta of 1.46.

Oracle (NYSE:ORCL) 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 analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Wall Street Analyst Weigh In

ORCL has been the subject of several research analyst reports. Stifel Nicolaus lifted their price objective on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Evercore ISI lifted their price target on shares of Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group lifted their target price on shares of Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. BMO Capital Markets set a $345.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Finally, William Blair reaffirmed an “outperform” rating on shares of Oracle in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $298.06.

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.