Northeast Planning Associates INC. NH purchased a new stake in Oracle Corporation (NYSE:ORCL – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,956 shares of the enterprise software provider’s stock, valued at approximately $865,000. Oracle makes up approximately 0.8% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its 22nd biggest holding.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORCL. Winnow Wealth LLC acquired a new stake in Oracle during the 2nd quarter worth $28,000. LGT Financial Advisors LLC acquired a new position in Oracle in the second quarter valued at $33,000. Legend Financial Advisors Inc. purchased a new position in shares of Oracle during the second quarter worth about $34,000. HighMark Wealth Management LLC acquired a new stake in shares of Oracle during the second quarter worth about $38,000. Finally, Moser Wealth Advisors LLC increased its position in shares of Oracle by 1,770.0% during the second 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. Institutional investors and hedge funds own 42.44% of the company’s stock.
Insider Buying and Selling at Oracle
In other Oracle news, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the completion of the sale, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is owned by company insiders.
Oracle Trading Down 5.8%
Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings data 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 return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same period last year, the business earned $1.39 earnings per share. The company’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. As a group, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.
Oracle Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.
Wall Street Analysts Forecast Growth
ORCL has been the subject of a number of research analyst reports. Cowen reissued a “buy” rating on shares of Oracle in a research report on Friday, October 17th. Morgan Stanley increased their price objective on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a report on Tuesday, September 23rd. Cantor Fitzgerald raised their target price on shares of Oracle from $271.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 10th. Berenberg Bank upped their price target on shares of Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a research report on Monday, September 15th. Finally, Rothschild & Co Redburn began coverage on shares of Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $322.26.
Get Our Latest Report on Oracle
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.
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