Ameriflex Group Inc. Cuts Position in Oracle Corporation $ORCL

Ameriflex Group Inc. trimmed its holdings in Oracle Corporation (NYSE:ORCL) by 18.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 920 shares of the enterprise software provider’s stock after selling 210 shares during the quarter. Ameriflex Group Inc.’s holdings in Oracle were worth $196,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the 1st quarter valued at $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle in the 1st quarter valued at $28,000. Iron Horse Wealth Management LLC boosted 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 valued at $29,000 after buying an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in shares of Oracle in the 2nd quarter valued at $34,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Oracle in the 2nd quarter valued at $38,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Oracle Stock Down 0.9%

Shares of NYSE ORCL opened at $286.23 on Friday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a market cap of $815.99 billion, a P/E ratio of 66.26, a P/E/G ratio of 3.08 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock has a fifty day moving average price of $262.53 and a 200 day moving average price of $205.48.

Oracle (NYSE:ORCL) last announced its 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). The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Insider Activity at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the stock in a transaction dated 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 transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ORCL shares. Barclays upped their target price on shares of Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Cantor Fitzgerald increased their price objective on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. Jefferies Financial Group lifted their price objective on Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Mizuho upped their price target on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Finally, UBS Group set a $364.00 price target on Oracle in a report on Friday, September 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $304.71.

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.