Wealth Alliance LLC Sells 7,031 Shares of Oracle Corporation $ORCL

Wealth Alliance LLC lessened its holdings in Oracle Corporation (NYSE:ORCL) by 38.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 11,188 shares of the enterprise software provider’s stock after selling 7,031 shares during the period. Wealth Alliance LLC’s holdings in Oracle were worth $2,446,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Forsta AP Fonden lifted its holdings in Oracle by 2.0% during the second quarter. Forsta AP Fonden now owns 419,500 shares of the enterprise software provider’s stock worth $91,715,000 after buying an additional 8,400 shares during the period. KBC Group NV raised its position in shares of Oracle by 58.8% in the 2nd quarter. KBC Group NV now owns 976,178 shares of the enterprise software provider’s stock worth $213,422,000 after acquiring an additional 361,453 shares in the last quarter. Ironwood Investment Counsel LLC lifted its stake in shares of Oracle by 45.3% during the 2nd quarter. Ironwood Investment Counsel LLC now owns 3,723 shares of the enterprise software provider’s stock worth $814,000 after purchasing an additional 1,161 shares during the last quarter. Fairbanks Capital Management Inc. boosted its position in Oracle by 5.6% during the second quarter. Fairbanks Capital Management Inc. now owns 113,074 shares of the enterprise software provider’s stock valued at $24,721,000 after purchasing an additional 6,020 shares in the last quarter. Finally, Advyzon Investment Management LLC grew its stake in Oracle by 29.3% in the second quarter. Advyzon Investment Management LLC now owns 6,871 shares of the enterprise software provider’s stock valued at $1,502,000 after purchasing an additional 1,559 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORCL has been the topic of a number of recent analyst reports. Rothschild Redb upgraded 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 company an “outperform” rating in a research note on Monday, October 13th. Rothschild & Co Redburn assumed coverage on shares of Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price target on the stock. BNP Paribas set a $377.00 price objective on Oracle in a report on Wednesday, September 10th. Finally, TD Cowen raised their price objective on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating 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, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $323.69.

Oracle Price Performance

NYSE ORCL opened at $235.95 on Wednesday. The company has a market cap of $672.64 billion, a price-to-earnings ratio of 54.62, a PEG ratio of 2.96 and a beta of 1.51. 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 stock’s fifty day moving average price is $279.83 and its 200 day moving average price is $232.71. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

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

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were given a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Activity at Oracle

In related news, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the completion of the transaction, the chief executive officer owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This trade represents a 20.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 204,254 shares of company stock worth $60,227,807 in the last ninety days. 40.90% of the stock is owned by company insiders.

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.