Oracle Corporation $ORCL Shares Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC cut its position in shares of Oracle Corporation (NYSE:ORCL) by 4.4% during the second quarter, Holdings Channel.com reports. The firm owned 18,057 shares of the enterprise software provider’s stock after selling 830 shares during the quarter. Oracle makes up approximately 0.2% of Midland Wealth Advisors LLC’s portfolio, making the stock its 26th biggest position. Midland Wealth Advisors LLC’s holdings in Oracle were worth $3,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in the company. Lockheed Martin Investment Management Co. lifted its stake in Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after acquiring an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC grew its position in Oracle by 9.2% in the 2nd quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider’s stock valued at $835,000 after acquiring an additional 321 shares in the last quarter. Soltis Investment Advisors LLC increased its stake in Oracle by 4.8% during the second quarter. Soltis Investment Advisors LLC now owns 32,937 shares of the enterprise software provider’s stock worth $7,201,000 after purchasing an additional 1,515 shares during the period. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the second quarter worth about $239,000. Finally, Lockerman Financial Group Inc. purchased a new position in shares of Oracle in the second quarter valued at approximately $328,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Oracle Stock Down 1.9%

Shares of NYSE:ORCL opened at $239.15 on Monday. The firm has a 50 day simple moving average of $279.32 and a 200-day simple moving average of $231.30. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $681.77 billion, a PE ratio of 55.36, a P/E/G ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. 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. On average, equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced 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 0.8%. Oracle’s payout ratio is presently 46.30%.

Insider Buying and Selling at Oracle

In related news, 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 in the company, valued at $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 204,254 shares of company stock worth $60,227,807. 40.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ORCL has been the topic of several recent research reports. TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. UBS Group boosted their price target on shares of Oracle from $360.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Weiss Ratings raised Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Citigroup reiterated a “buy” rating on shares of Oracle in a report on Friday, October 10th. Finally, Evercore ISI boosted their target price on Oracle from $350.00 to $385.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $323.69.

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.