Bryn Mawr Trust Advisors LLC Reduces Stock Position in Oracle Corporation $ORCL

Bryn Mawr Trust Advisors LLC cut its stake in Oracle Corporation (NYSE:ORCLFree Report) by 7.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 99,223 shares of the enterprise software provider’s stock after selling 8,420 shares during the quarter. Oracle makes up approximately 0.9% of Bryn Mawr Trust Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Bryn Mawr Trust Advisors LLC’s holdings in Oracle were worth $19,340,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. FSA Wealth Management LLC purchased a new stake in shares of Oracle in the third quarter valued at approximately $28,000. Joseph Group Capital Management purchased a new stake in shares of Oracle in the fourth quarter valued at approximately $29,000. Investors Research Corp grew its position in shares of Oracle by 465.5% in the fourth quarter. Investors Research Corp now owns 164 shares of the enterprise software provider’s stock valued at $32,000 after purchasing an additional 135 shares in the last quarter. Mpwm Advisory Solutions LLC grew its position 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 purchasing an additional 50 shares in the last quarter. Finally, YANKCOM Partnership grew its position in shares of Oracle by 304.7% in the fourth quarter. YANKCOM Partnership now owns 174 shares of the enterprise software provider’s stock valued at $34,000 after purchasing an additional 131 shares in the last quarter. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of analyst reports. Arete Research set a $255.00 price target on Oracle and gave the company a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their price target on Oracle from $375.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, March 9th. Weiss Ratings lowered Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 23rd. Robert W. Baird dropped their price target on Oracle from $300.00 to $200.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. Finally, Jefferies Financial Group lowered their price objective on Oracle from $400.00 to $320.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Three investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.43.

Get Our Latest Research Report on ORCL

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 15,000 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.19, for a total value of $2,642,850.00. Following the sale, the executive vice president directly owned 3,429 shares in the company, valued at $604,155.51. This trade represents 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. Also, CEO Clayton M. Magouyrk sold 10,000 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $155.23, for a total value of $1,552,300.00. Following the completion of the sale, the chief executive officer owned 134,030 shares in the company, valued at approximately $20,805,476.90. This represents a 6.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 40.90% of the stock is owned by company insiders.

Oracle Trading Up 0.7%

ORCL opened at $195.89 on Friday. Oracle Corporation has a 52 week low of $134.57 and a 52 week high of $345.72. The business has a fifty day simple moving average of $157.74 and a 200-day simple moving average of $185.85. The firm has a market cap of $563.38 billion, a P/E ratio of 35.17, a P/E/G ratio of 1.87 and a beta of 1.55. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.66.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.71 by $0.08. The business 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 company’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period last year, the business posted $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. On average, equities analysts expect that Oracle Corporation will post 6.08 earnings per share for the current year.

Oracle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Thursday, April 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, April 9th. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. Oracle’s dividend payout ratio (DPR) is currently 35.91%.

About Oracle

(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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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