Stuart Levey Sells 19,758 Shares of Oracle (NYSE:ORCL) Stock

Oracle Corporation (NYSE:ORCL) EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Oracle Trading Up 1.4%

Shares of Oracle stock opened at $303.30 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 capitalization of $864.64 billion, a P/E ratio of 70.21, a price-to-earnings-growth ratio of 3.22 and a beta of 1.53. The company has a 50-day simple moving average of $269.61 and a 200 day simple moving average of $213.14. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

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

Oracle Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings raised shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and raised their price objective for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Jefferies Financial Group raised their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the company an “outperform” rating in a research report on Monday. Finally, William Blair restated an “outperform” rating on shares of Oracle in a research report on Monday, September 22nd. Three investment 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 given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Institutional Investors Weigh In On Oracle

Several institutional investors have recently modified their holdings of ORCL. Brighton Jones LLC boosted 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 worth $25,593,000 after acquiring an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Oracle by 8.1% in the fourth 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 in the last quarter. GAMMA Investing LLC lifted its position in shares of Oracle by 8.1% in the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after purchasing an additional 2,546 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Oracle by 23.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 575,124 shares of the enterprise software provider’s stock worth $80,408,000 after purchasing an additional 107,547 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in Oracle by 3.6% during the first quarter. Dynamic Advisor Solutions LLC now owns 16,131 shares of the enterprise software provider’s stock worth $2,255,000 after buying an additional 557 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

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.