MIG Capital LLC Acquires New Holdings in Oracle Corporation $ORCL

MIG Capital LLC bought a new position in Oracle Corporation (NYSE:ORCL) during the 2nd quarter, HoldingsChannel reports. The firm bought 10,846 shares of the enterprise software provider’s stock, valued at approximately $2,371,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ORCL. Winnow Wealth LLC bought a new position in Oracle during the second quarter worth about $28,000. LGT Financial Advisors LLC acquired a new stake in shares of Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the 2nd quarter valued at about $34,000. HighMark Wealth Management LLC acquired a new position in shares of Oracle in the 2nd quarter valued at approximately $38,000. Finally, Moser Wealth Advisors LLC increased its stake in Oracle by 1,770.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider’s stock worth $41,000 after purchasing an additional 177 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Oracle Price Performance

Shares of ORCL opened at $196.93 on Wednesday. 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’s fifty day simple moving average is $268.69 and its 200 day simple moving average is $237.46. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market cap of $561.40 billion, a price-to-earnings ratio of 45.58, a PEG ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last announced its quarterly 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). The firm had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 1.0%. Oracle’s dividend payout ratio is currently 46.30%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $310.00 price target on shares of Oracle in a report on Friday, October 17th. Cowen reaffirmed a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Jefferies Financial Group increased their target price on Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, October 17th. DA Davidson dropped their price target on Oracle from $300.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Erste Group Bank cut Oracle from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $319.40.

Insider Buying and Selling

In other Oracle news, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $283.02, for a total transaction of $13,971,282.30. Following the completion of the sale, the director owned 151,999 shares of the company’s stock, valued at $43,018,756.98. This trade represents a 24.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 204,254 shares of company stock valued at $60,227,807. Insiders own 40.90% of the company’s stock.

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.