Oracle Corporation $ORCL Shares Sold by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A reduced its stake in Oracle Corporation (NYSE:ORCL) by 81.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,058 shares of the enterprise software provider’s stock after selling 4,500 shares during the period. OLD Point Trust & Financial Services N A’s holdings in Oracle were worth $231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. PFG Investments LLC boosted its position in shares of Oracle by 3.3% during the second quarter. PFG Investments LLC now owns 38,290 shares of the enterprise software provider’s stock worth $8,371,000 after buying an additional 1,223 shares during the period. Midwest Financial Group LLC boosted its position in shares of Oracle by 5.2% during the second quarter. Midwest Financial Group LLC now owns 2,807 shares of the enterprise software provider’s stock worth $614,000 after buying an additional 140 shares during the period. Victrix Investment Advisors acquired a new position in shares of Oracle during the second quarter worth approximately $252,000. O ROURKE & COMPANY Inc acquired a new position in shares of Oracle during the second quarter worth approximately $212,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of Oracle during the second quarter worth approximately $202,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of NYSE:ORCL opened at $281.01 on Wednesday. The stock has a market cap of $801.10 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The stock’s 50 day moving average price is $259.82 and its 200 day moving average price is $202.64. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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 issued a $0.50 dividend. 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 dividend payout ratio is currently 46.30%.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction 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 owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company’s 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 completion of the transaction, the director directly owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 114,314 shares of company stock valued at $33,602,123 in the last three months. Insiders own 42.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ORCL shares. William Blair reiterated an “outperform” rating on shares of Oracle in a research report on Monday, September 22nd. Morgan Stanley boosted their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 23rd. JMP Securities reiterated a “market outperform” rating and set a $342.00 price objective on shares of Oracle in a research report on Wednesday, September 24th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Finally, Wolfe Research boosted their target price on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Oracle Company 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.