Cookson Peirce & Co. Inc. Sells 265 Shares of Oracle Corporation $ORCL

Cookson Peirce & Co. Inc. lessened its stake in shares of Oracle Corporation (NYSE:ORCL) by 16.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,350 shares of the enterprise software provider’s stock after selling 265 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Oracle were worth $295,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ORCL. Nuveen LLC bought a new stake in Oracle during the first quarter worth about $732,692,000. Vanguard Group Inc. raised its holdings in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in Oracle during the second quarter worth about $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Oracle by 79.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock worth $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in Oracle by 840.7% during the second quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after acquiring an additional 1,894,157 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Oracle Price Performance

Oracle stock opened at $280.09 on Friday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock’s 50 day moving average is $273.89 and its 200-day moving average is $219.28. 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 company has a market capitalization of $798.46 billion, a price-to-earnings ratio of 64.83, a PEG ratio of 2.93 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its earnings results 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 net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during 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 for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Insider Buying and Selling

In other news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total value of $11,065,600.00. Following the transaction, the chief executive officer owned 154,030 shares of the company’s stock, valued at approximately $42,610,859.20. This represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 170,769 shares of company stock valued at $50,297,667 in the last ninety days. 40.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ORCL. Jefferies Financial Group upped their target price on Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research note on Thursday, September 25th. DA Davidson upped their price objective on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on Oracle in a research note on Wednesday, September 10th. Finally, Wolfe Research upped their price objective on Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Three 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $323.69.

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.