Wilmington Savings Fund Society FSB Sells 10,679 Shares of Oracle Corporation $ORCL

Wilmington Savings Fund Society FSB cut its stake in Oracle Corporation (NYSE:ORCLFree Report) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 128,471 shares of the enterprise software provider’s stock after selling 10,679 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Oracle were worth $28,088,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ORCL. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle during the first quarter worth $27,000. Inlight Wealth Management LLC purchased a new position in Oracle in the first quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its stake in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Oracle in the second quarter valued at about $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in Oracle in the second quarter worth about $38,000. 42.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 in the last quarter. Company insiders own 40.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on ORCL. UBS Group set a $364.00 price target on Oracle in a report on Friday, September 26th. William Blair reissued an “outperform” rating on shares of Oracle in a report on Monday, September 22nd. Roth Capital restated a “hold” rating on shares of Oracle in a research report on Wednesday, June 18th. Barclays boosted their price objective on Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a research report on Monday, September 8th. Finally, Rothschild Redb upgraded Oracle to a “strong sell” rating in a research report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Check Out Our Latest Stock Analysis on Oracle

Oracle Price Performance

ORCL opened at $308.14 on Tuesday. The stock’s 50-day moving average price is $267.80 and its 200 day moving average price is $211.91. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. 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 firm has a market cap of $878.43 billion, a price-to-earnings ratio of 71.33, a PEG ratio of 3.15 and a beta of 1.53.

Oracle (NYSE:ORCLGet Free Report) last posted its earnings results 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). 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 analyst estimates of $15.04 billion. During the same period in the previous year, the company 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, sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.6%. Oracle’s dividend payout ratio is presently 46.30%.

Oracle Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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