Oracle Corporation $ORCL Shares Sold by Lesa Sroufe & Co

Lesa Sroufe & Co cut its holdings in shares of Oracle Corporation (NYSE:ORCL) by 5.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,441 shares of the enterprise software provider’s stock after selling 145 shares during the period. Lesa Sroufe & Co’s holdings in Oracle were worth $534,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions 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 purchased a new position in shares of Oracle during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC raised its stake in shares of Oracle by 284.9% during 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 during the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the 2nd quarter valued at about $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in shares of Oracle during the 2nd quarter worth about $38,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Berenberg Bank increased their target price on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research note on Monday, September 15th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a report on Thursday, September 25th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. TD Cowen boosted their target price on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. boosted their target price on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 19,758 shares of the stock in a transaction dated 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 sale, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 of the company’s stock, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,769 shares of company stock valued at $36,428,967. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Up 1.4%

Oracle stock opened at $303.30 on Thursday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock’s fifty day simple moving average is $269.61 and its 200-day simple moving average is $213.14. 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 capitalization of $864.64 billion, a P/E ratio of 70.21, a P/E/G ratio of 3.22 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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

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.