Spire Wealth Management Sells 9,657 Shares of Oracle Corporation $ORCL

Spire Wealth Management lowered its stake in Oracle Corporation (NYSE:ORCL) by 52.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,883 shares of the enterprise software provider’s stock after selling 9,657 shares during the period. Spire Wealth Management’s holdings in Oracle were worth $1,942,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. boosted its holdings in Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after acquiring an additional 43 shares in the last quarter. Creative Capital Management Investments LLC boosted its holdings in Oracle by 5.7% in the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock valued at $174,000 after acquiring an additional 43 shares in the last quarter. MFA Wealth Services boosted its holdings in Oracle by 1.0% in the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock valued at $998,000 after acquiring an additional 43 shares in the last quarter. Bogart Wealth LLC boosted its holdings in Oracle by 0.4% in the second quarter. Bogart Wealth LLC now owns 11,465 shares of the enterprise software provider’s stock valued at $2,507,000 after acquiring an additional 43 shares in the last quarter. Finally, Washington Trust Advisors Inc. boosted its holdings in shares of Oracle by 1.9% during the 2nd quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock valued at $521,000 after buying an additional 44 shares in the last quarter. Institutional investors own 42.44% of the company’s stock.

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 220,134 shares of company stock worth $64,268,949 in the last quarter. Insiders own 40.90% of the company’s stock.

Oracle Price Performance

ORCL opened at $256.54 on Friday. The stock has a 50-day moving average price of $277.44 and a 200-day moving average price of $224.85. 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 firm has a market cap of $731.34 billion, a PE ratio of 59.38, a P/E/G ratio of 2.96 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last posted 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). The company had revenue of $14.93 billion during 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%.Oracle’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders 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 dividend on an annualized basis and a yield of 0.8%. Oracle’s payout ratio is 46.30%.

Analyst Ratings Changes

ORCL has been the topic of a number of research reports. Weiss Ratings cut shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Baird R W upgraded shares of Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and boosted their target price for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. JPMorgan Chase & Co. boosted their target price on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Finally, Melius Research boosted their target price on shares of Oracle from $270.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Oracle has an average rating of “Moderate Buy” and an average target price 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.