Oracle (NYSE:ORCL) Shares Up 1.7% – Here’s What Happened

Oracle Corporation (NYSE:ORCL) traded up 1.7% during trading on Friday . The company traded as high as $219.50 and last traded at $218.04. 23,971,773 shares changed hands during trading, an increase of 48% from the average session volume of 16,154,889 shares. The stock had previously closed at $214.33.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Erste Group Bank lowered shares of Oracle from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Citigroup cut their price target on shares of Oracle from $415.00 to $375.00 and set a “buy” rating on the stock in a research note on Thursday. Scotiabank boosted their price objective on shares of Oracle from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They set a “sell” rating and a $175.00 price objective for the company. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $320.00 target price on shares of Oracle in a report on Monday, October 20th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $322.73.

Oracle Trading Up 1.7%

The firm has a fifty day moving average of $254.39 and a 200-day moving average of $238.57. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The stock has a market capitalization of $621.59 billion, a price-to-earnings ratio of 50.47, a P/E/G ratio of 2.35 and a beta of 1.66.

Oracle (NYSE:ORCL) last issued its earnings results 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 analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.9%. Oracle’s dividend payout ratio (DPR) is currently 46.30%.

Insiders Place Their Bets

In other Oracle news, CEO Clayton M. Magouyrk sold 40,000 shares of the company’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 transaction, the chief executive officer directly owned 154,030 shares of the company’s stock, valued at $42,610,859.20. This represents a 20.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 204,254 shares of company stock valued at $60,227,807. Corporate insiders own 40.90% of the company’s stock.

Institutional Investors Weigh In On Oracle

A number of hedge funds have recently bought and sold shares of ORCL. Winnow Wealth LLC bought a new stake in shares of Oracle in the second quarter worth $28,000. FSA Wealth Management LLC bought a new position in shares of Oracle during the third quarter worth about $28,000. Kilter Group LLC acquired a new position in Oracle in the second quarter worth about $30,000. Darwin Wealth Management LLC increased its holdings in Oracle by 130.0% in the third quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 65 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC raised its stake in Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

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.