Alta Capital Management LLC Increases Stake in Oracle Corporation $ORCL

Alta Capital Management LLC raised its holdings in shares of Oracle Corporation (NYSE:ORCL) by 90.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,124 shares of the enterprise software provider’s stock after buying an additional 24,226 shares during the period. Alta Capital Management LLC’s holdings in Oracle were worth $11,177,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after purchasing an additional 404 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Oracle by 8.1% in the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after purchasing an additional 2,546 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Oracle by 23.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 575,124 shares of the enterprise software provider’s stock worth $80,408,000 after purchasing an additional 107,547 shares in the last quarter. Finally, Grimes & Company Inc. increased its stake in shares of Oracle by 0.6% in the first quarter. Grimes & Company Inc. now owns 12,283 shares of the enterprise software provider’s stock worth $1,717,000 after purchasing an additional 79 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ORCL. Wolfe Research increased their price objective on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Cowen restated a “buy” rating and set a $375.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Oppenheimer restated an “outperform” rating on shares of Oracle in a research report on Wednesday, June 18th. Berenberg Bank upped their target price on shares of Oracle from $202.00 to $306.00 and gave the stock a “hold” rating in a research report on Monday, September 15th. Finally, Sanford C. Bernstein upped their target price on shares of Oracle from $363.00 to $364.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Three 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $307.00.

Oracle Price Performance

ORCL stock opened at $303.30 on Thursday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a fifty day simple moving average of $269.61 and a two-hundred day simple moving average of $213.14. The firm has a market capitalization of $864.64 billion, a P/E ratio of 70.21, a price-to-earnings-growth ratio of 3.22 and a beta of 1.53.

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

Oracle Announces Dividend

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

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This trade represents a 7.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company’s stock, valued at $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,769 shares of company stock worth $36,428,967. 40.90% of the stock is currently owned by insiders.

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.