Avidian Wealth Enterprises LLC Has $2.35 Million Position in Oracle Corporation $ORCL

Avidian Wealth Enterprises LLC reduced its stake in shares of Oracle Corporation (NYSE:ORCL) by 5.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,729 shares of the enterprise software provider’s stock after selling 675 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Oracle were worth $2,346,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Oracle by 71.6% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its holdings in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC lifted its holdings in shares of Oracle by 9.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after purchasing an additional 321 shares in the last quarter. Cascade Investment Group Inc. bought a new position in shares of Oracle during the 2nd quarter valued at about $239,000. Finally, Lockerman Financial Group Inc. bought a new position in shares of Oracle during the 2nd quarter valued at about $328,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ORCL shares. Guggenheim lifted their price objective on Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a report on Friday. JMP Securities reiterated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a report on Friday. Cowen reiterated a “buy” rating on shares of Oracle in a report on Friday. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, Sanford C. Bernstein boosted their target price on Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Insider Activity

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the business’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,769 shares of company stock worth $36,428,967. Corporate insiders own 40.90% of the company’s stock.

Oracle Trading Down 4.9%

NYSE ORCL opened at $276.93 on Tuesday. The stock has a market capitalization of $789.47 billion, a price-to-earnings ratio of 64.10, a PEG ratio of 3.14 and a beta of 1.53. The stock’s 50 day moving average price is $272.19 and its two-hundred day moving average price is $217.44. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The firm 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 company’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s payout ratio is 46.30%.

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.