Forefront Wealth Partners LLC Acquires 2,872 Shares of Oracle Corporation $ORCL

Forefront Wealth Partners LLC lifted its stake in Oracle Corporation (NYSE:ORCLFree Report) by 135.6% during the 4th quarter, HoldingsChannel reports. The fund owned 4,990 shares of the enterprise software provider’s stock after buying an additional 2,872 shares during the period. Forefront Wealth Partners LLC’s holdings in Oracle were worth $973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of ORCL. FSA Wealth Management LLC bought a new position in shares of Oracle during the 3rd quarter worth about $28,000. Mpwm Advisory Solutions LLC lifted its stake in shares of Oracle by 76.9% in 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 during the period. Turning Point Benefit Group Inc. acquired a new stake in Oracle during the third quarter worth about $35,000. HFM Investment Advisors LLC grew its position in Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after buying an additional 96 shares in the last quarter. Finally, Collier Financial bought a new position in Oracle during the third quarter valued at about $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total value of $2,642,850.00. Following the transaction, the executive vice president directly owned 3,429 shares in the company, valued at $604,155.51. The trade was a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by company insiders.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

Oracle Price Performance

Shares of ORCL stock opened at $181.36 on Wednesday. The stock’s fifty day simple moving average is $164.17 and its 200 day simple moving average is $180.90. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market cap of $521.61 billion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 1.78 and a beta of 1.55. Oracle Corporation has a one year low of $134.57 and a one year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings data on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion during the quarter, compared to analyst estimates of $16.91 billion. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, analysts expect that Oracle Corporation will post 6.08 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Thursday, April 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, April 9th. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

Analyst Ratings Changes

A number of analysts have commented on ORCL shares. DA Davidson raised their price objective on Oracle from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. Robert W. Baird cut their target price on Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Arete Research set a $255.00 target price on Oracle and gave the stock a “buy” rating in a research report on Thursday, May 7th. Jefferies Financial Group decreased their price target on shares of Oracle from $400.00 to $320.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Finally, UBS Group restated a “buy” rating on shares of Oracle in a research note on Monday, February 2nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.46.

Read Our Latest Stock Report on Oracle

Oracle Company Profile

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

Featured Stories

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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