Flavin Financial Services Inc. decreased its position in Oracle Corporation (NYSE:ORCL – Free Report) by 18.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,742 shares of the enterprise software provider’s stock after selling 3,043 shares during the quarter. Oracle accounts for about 2.9% of Flavin Financial Services Inc.’s holdings, making the stock its 9th biggest holding. Flavin Financial Services Inc.’s holdings in Oracle were worth $3,004,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. raised its holdings in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after purchasing an additional 43 shares in the last quarter. Creative Capital Management Investments LLC raised its holdings in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after purchasing an additional 43 shares in the last quarter. MFA Wealth Services raised its holdings in Oracle by 1.0% during the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider’s stock worth $998,000 after purchasing an additional 43 shares in the last quarter. Davis Investment Partners LLC raised its holdings in Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after purchasing an additional 46 shares in the last quarter. Finally, Acropolis Investment Management LLC raised its holdings in Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.
Insider Activity at Oracle
In other news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were 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 owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 120,769 shares of company stock worth $36,428,967. Corporate insiders own 40.90% of the company’s stock.
Oracle Price Performance
Oracle (NYSE:ORCL – Get Free Report) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.
Wall Street Analysts Forecast Growth
ORCL has been the topic of a number of research analyst reports. Redburn Partners set a $175.00 price objective on shares of Oracle in a report on Thursday, September 25th. Wolfe Research lifted their target price on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, September 10th. BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. DA Davidson lifted their target price on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Finally, Stephens lifted their target price on shares of Oracle from $208.00 to $331.00 and gave the company an “equal weight” rating in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.40.
View Our Latest Report on ORCL
Oracle 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.
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