Wrapmanager Inc. Sells 1,483 Shares of Oracle Corporation $ORCL

Wrapmanager Inc. decreased its position in Oracle Corporation (NYSE:ORCL) by 16.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 7,811 shares of the enterprise software provider’s stock after selling 1,483 shares during the period. Wrapmanager Inc.’s holdings in Oracle were worth $1,708,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares in the last quarter. Trivest Advisors Ltd bought a new stake in Oracle during the 1st quarter worth about $5,592,000. Larson Financial Group LLC boosted its stake in shares of Oracle by 13.3% during the 1st quarter. Larson Financial Group LLC now owns 5,674 shares of the enterprise software provider’s stock worth $793,000 after buying an additional 665 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS grew its holdings in shares of Oracle by 513.3% in the 1st quarter. Kornitzer Capital Management Inc. KS now owns 7,856 shares of the enterprise software provider’s stock valued at $1,098,000 after acquiring an additional 6,575 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Trading Down 4.1%

Shares of Oracle stock opened at $217.68 on Friday. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The business has a fifty day simple moving average of $279.79 and a two-hundred day simple moving average of $232.56. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a market capitalization of $620.56 billion, a price-to-earnings ratio of 50.39, a P/E/G ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last issued its quarterly earnings data 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 the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Insider Activity at Oracle

In other news, Director Jeffrey Berg sold 49,365 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total value of $13,971,282.30. Following the transaction, the director owned 151,999 shares of the company’s stock, valued at approximately $43,018,756.98. This represents a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. Insiders own 40.90% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ORCL shares. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their target price for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. Wolfe Research boosted their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Erste Group Bank cut Oracle from a “buy” rating to a “hold” rating in a research note on Monday. Piper Sandler raised their target price on shares of Oracle from $330.00 to $380.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Sanford C. Bernstein boosted their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a report on Friday, September 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus target price of $323.69.

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.