HighMark Wealth Management LLC Purchases Shares of 176 Oracle Corporation $ORCL

HighMark Wealth Management LLC purchased a new stake in shares of Oracle Corporation (NYSE:ORCL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 176 shares of the enterprise software provider’s stock, valued at approximately $38,000.

Other hedge funds have also bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new position in Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC increased its stake in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in Oracle during the 2nd quarter valued at approximately $34,000. Finally, Graybill Wealth Management LTD. acquired a new position in Oracle during the 1st quarter valued at approximately $39,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $289.18 on Friday. The company’s fifty day moving average price is $261.71 and its 200 day moving average price is $204.17. 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 $824.39 billion, a PE ratio of 66.94, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53. 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 (NYSE:ORCL) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ORCL shares. The Goldman Sachs Group upped their price objective on shares of Oracle from $195.00 to $310.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Bank of America upgraded shares of Oracle from a “neutral” rating to a “buy” rating and boosted their target price for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Royal Bank Of Canada boosted their target price on shares of Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a research report on Thursday, June 12th. UBS Group set a $364.00 price objective on Oracle in a report on Friday, September 26th. Finally, Cowen reissued a “buy” rating and issued a $375.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Two investment 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Insider Buying and Selling at Oracle

In other Oracle news, 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 transaction, the insider directly owned 78,000 shares of the company’s stock, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,314 shares of company stock valued at $31,272,223. Insiders own 42.20% of the company’s stock.

About Oracle

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.