Clark Asset Management LLC Sells 76 Shares of Oracle Corporation $ORCL

Clark Asset Management LLC trimmed its holdings in shares of Oracle Corporation (NYSE:ORCLFree Report) by 4.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,784 shares of the enterprise software provider’s stock after selling 76 shares during the period. Clark Asset Management LLC’s holdings in Oracle were worth $390,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Brighton Jones LLC lifted its holdings in shares of 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 period. Revolve Wealth Partners LLC lifted its holdings in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after acquiring an additional 404 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of Oracle by 8.0% during the 1st quarter. Golden State Wealth Management LLC now owns 2,592 shares of the enterprise software provider’s stock worth $362,000 after acquiring an additional 191 shares during the period. Naviter Wealth LLC lifted its holdings in shares of Oracle by 3.0% during the 1st quarter. Naviter Wealth LLC now owns 11,086 shares of the enterprise software provider’s stock worth $1,562,000 after acquiring an additional 323 shares during the period. Finally, Amalgamated Bank lifted its holdings in shares of Oracle by 3.6% during the 1st quarter. Amalgamated Bank now owns 345,294 shares of the enterprise software provider’s stock worth $48,276,000 after acquiring an additional 12,016 shares during the period. 42.44% of the stock is owned by institutional investors.

Insider Transactions at Oracle

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total value of $11,065,600.00. Following the completion of the sale, the chief executive officer owned 154,030 shares in the company, valued at approximately $42,610,859.20. This trade represents a 20.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president owned 47,083 shares of the company’s stock, valued at $13,212,431.46. The trade was a 9.60% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 170,769 shares of company stock worth $50,297,667. Corporate insiders own 40.90% of the company’s stock.

Oracle Trading Down 0.7%

ORCL opened at $281.25 on Tuesday. 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 stock has a market capitalization of $801.78 billion, a PE ratio of 65.10, a PEG ratio of 3.04 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a 50-day moving average price of $275.24 and a two-hundred day moving average price of $222.60.

Oracle (NYSE:ORCLGet Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Jefferies Financial Group raised their price objective on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Rothschild Redb raised shares of Oracle to a “strong sell” rating in a report on Thursday, September 25th. BMO Capital Markets set a $355.00 target price on shares of Oracle and gave the stock an “outperform” rating in a research report on Monday, October 13th. BNP Paribas set a $377.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Finally, Piper Sandler increased their target price on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $323.69.

View Our Latest Research Report on Oracle

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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