Probity Advisors Inc. Decreases Stock Holdings in Oracle Corporation $ORCL

Probity Advisors Inc. decreased its position in Oracle Corporation (NYSE:ORCL) by 6.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,357 shares of the enterprise software provider’s stock after selling 227 shares during the quarter. Probity Advisors Inc.’s holdings in Oracle were worth $734,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of ORCL. Brighton Jones LLC increased its position in shares of Oracle by 189.3% in the fourth 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 increased 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 valued at $903,000 after acquiring an additional 404 shares during the period. GAMMA Investing LLC increased 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 valued at $4,755,000 after acquiring an additional 2,546 shares during the period. Advisor Resource Council purchased a new position in shares of Oracle in the first quarter valued at about $328,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Oracle in the first quarter valued at about $28,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ORCL shares. Mizuho boosted their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Berenberg Bank boosted their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Scotiabank boosted their price target on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Friday. Cowen reiterated a “buy” rating on shares of Oracle in a research report on Friday. Finally, Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and boosted their price target for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Insider Transactions at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is currently owned by insiders.

Oracle Trading Down 4.9%

NYSE:ORCL opened at $276.93 on Tuesday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company’s 50-day simple moving average is $272.19 and its 200 day simple moving average is $217.44. The firm has a market capitalization of $789.47 billion, a P/E ratio of 64.10, a PEG ratio of 3.14 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 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 business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the firm earned $1.39 EPS. The company’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, analysts forecast that Oracle Corporation will post 5 EPS 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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is currently 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.