Oracle Corporation $ORCL Shares Sold by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC trimmed its stake in shares of Oracle Corporation (NYSE:ORCL) by 40.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,283 shares of the enterprise software provider’s stock after selling 9,042 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Oracle were worth $2,904,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LGT Financial Advisors LLC bought a new position in shares of Oracle in the second quarter valued at $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle in the 2nd quarter valued at $34,000. HighMark Wealth Management LLC bought a new position in shares of Oracle in the 2nd quarter valued at $38,000. Moser Wealth Advisors LLC grew its stake in shares of Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares during the last quarter. Finally, Orion Capital Management LLC lifted its holdings in Oracle by 32.2% in the second quarter. Orion Capital Management LLC now owns 193 shares of the enterprise software provider’s stock valued at $42,000 after buying an additional 47 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on ORCL. BNP Paribas set a $377.00 target price on Oracle in a report on Wednesday, September 10th. UBS Group upped their price objective on shares of Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Sanford C. Bernstein boosted their price target on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research report on Friday, September 26th. Rothschild & Co Redburn initiated coverage on Oracle in a research report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective on the stock. Finally, William Blair restated an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Insider Transactions at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the firm’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 transaction of $11,065,600.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 204,254 shares of company stock valued at $60,227,807. Company insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $222.88 on Friday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a 50 day moving average of $279.59 and a 200 day moving average of $233.14. The firm has a market capitalization of $635.37 billion, a price-to-earnings ratio of 51.59, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last announced 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 business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid 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 0.9%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

About Oracle

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.