TruNorth Capital Management LLC Sells 970 Shares of Oracle Corporation $ORCL

TruNorth Capital Management LLC lowered its stake in shares of Oracle Corporation (NYSE:ORCL) by 16.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 4,920 shares of the enterprise software provider’s stock after selling 970 shares during the quarter. TruNorth Capital Management LLC’s holdings in Oracle were worth $1,076,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ORCL. Brighton Jones LLC lifted its stake in Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after acquiring an additional 100,494 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Oracle by 8.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares during the period. Merit Financial Group LLC lifted its stake in shares of Oracle by 16.1% in the 1st quarter. Merit Financial Group LLC now owns 54,734 shares of the enterprise software provider’s stock worth $7,652,000 after purchasing an additional 7,574 shares during the period. Capital Asset Advisory Services LLC lifted its stake in shares of Oracle by 2.6% in the 1st quarter. Capital Asset Advisory Services LLC now owns 7,277 shares of the enterprise software provider’s stock worth $1,061,000 after purchasing an additional 181 shares during the period. Finally, RFG Advisory LLC lifted its stake in shares of Oracle by 22.5% in the 1st quarter. RFG Advisory LLC now owns 24,483 shares of the enterprise software provider’s stock worth $3,423,000 after purchasing an additional 4,501 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were 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 approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,314 shares of company stock worth $31,272,223. Insiders own 42.20% of the company’s stock.

Oracle Price Performance

NYSE ORCL opened at $289.68 on Thursday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock has a market cap of $825.83 billion, a price-to-earnings ratio of 67.06, a PEG ratio of 3.03 and a beta of 1.53. The company’s 50 day moving average is $260.78 and its two-hundred day moving average is $203.24. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 EPS. Oracle’s revenue 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, research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is 46.30%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Scotiabank reiterated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Jefferies Financial Group increased their price objective on shares of Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Mizuho increased their price objective on shares of Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Citigroup reiterated an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. Finally, KeyCorp increased their price objective on shares of Oracle from $200.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $304.71.

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.