Acorn Financial Advisory Services Inc. ADV Has $280,000 Holdings in Oracle Corporation $ORCL

Acorn Financial Advisory Services Inc. ADV cut its position in shares of Oracle Corporation (NYSE:ORCL) by 34.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,279 shares of the enterprise software provider’s stock after selling 666 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in Oracle were worth $280,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Legend Financial Advisors Inc. acquired a new stake in Oracle in the second quarter worth $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle in the second quarter worth $38,000. Redmont Wealth Advisors LLC acquired a new stake in Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter worth $28,000. Finally, Iron Horse Wealth Management LLC grew its holdings in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 2.8%

ORCL opened at $299.33 on Wednesday. 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 company’s 50-day moving average is $268.67 and its 200 day moving average is $212.52. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market capitalization of $853.32 billion, a P/E ratio of 69.29, a PEG ratio of 3.31 and a beta of 1.53.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the business earned $1.39 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given a dividend of $0.50 per share. 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 presently 46.30%.

Analyst Ratings Changes

A number of equities research analysts have commented on ORCL shares. Oppenheimer restated an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. Evercore ISI raised their price objective on shares of Oracle from $340.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup reaffirmed a “buy” rating on shares of Oracle in a research note on Friday. Weiss Ratings raised shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Finally, William Blair reaffirmed an “outperform” rating on shares of Oracle in a research note on Monday, September 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $307.00.

Insider Activity at Oracle

In other Oracle news, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated 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 in the company, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business’s stock in a transaction dated 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 owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 over the last three months. 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.