Oracle Corporation $ORCL Shares Sold by Atlantic Edge Private Wealth Management LLC

Atlantic Edge Private Wealth Management LLC reduced its stake in Oracle Corporation (NYSE:ORCL) by 18.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 16,027 shares of the enterprise software provider’s stock after selling 3,674 shares during the quarter. Oracle accounts for 1.0% of Atlantic Edge Private Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. Atlantic Edge Private Wealth Management LLC’s holdings in Oracle were worth $3,504,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. increased its stake in 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 worth $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. increased its stake in 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 worth $7,179,000 after buying an additional 2,110 shares during the period. Private Wealth Asset Management LLC increased its stake in 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 worth $835,000 after buying an additional 321 shares during the period. Cascade Investment Group Inc. purchased a new stake in Oracle during the 2nd quarter worth approximately $239,000. Finally, Lockerman Financial Group Inc. purchased a new stake in Oracle during the 2nd quarter worth approximately $328,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several recent research reports. Cantor Fitzgerald upped their target price on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 10th. Scotiabank upped their target price on shares of Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a research note on Friday. Stifel Nicolaus upped their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. DA Davidson increased their price objective on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Finally, Guggenheim increased their price objective on shares of Oracle from $375.00 to $400.00 and gave the company a “buy” rating in a research report on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Trading Down 4.9%

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

Oracle (NYSE:ORCL) last posted its 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 company 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%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 120,769 shares of company stock worth $36,428,967. Insiders own 40.90% of the company’s stock.

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.