Bernard Wealth Management Corp. Sells 3,023 Shares of Oracle Corporation $ORCL

Bernard Wealth Management Corp. lowered its position in Oracle Corporation (NYSE:ORCL) by 75.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 983 shares of the enterprise software provider’s stock after selling 3,023 shares during the period. Bernard Wealth Management Corp.’s holdings in Oracle were worth $215,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ORCL. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. grew its holdings in Oracle by 4.3% during the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock valued at $7,179,000 after purchasing an additional 2,110 shares during the period. Lockerman Financial Group Inc. bought a new stake in Oracle during the second quarter valued at about $328,000. Elser Financial Planning Inc bought a new stake in Oracle during the second quarter valued at about $1,066,000. Finally, Canoe Financial LP grew its holdings in Oracle by 314.8% during the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock valued at $105,838,000 after purchasing an additional 367,400 shares during the period. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on 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 sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is currently owned by company insiders.

Oracle Price Performance

NYSE:ORCL opened at $293.04 on Friday. 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 $835.40 billion, a P/E ratio of 67.83, a P/E/G ratio of 3.20 and a beta of 1.53. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The business’s 50-day moving average is $266.69 and its 200 day moving average is $209.86.

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

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio is 46.30%.

Analyst Upgrades and Downgrades

ORCL has been the subject of several recent research reports. Rothschild Redb raised Oracle to a “strong sell” rating in a report on Thursday, September 25th. Barclays boosted their price target on Oracle from $221.00 to $281.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Piper Sandler boosted their price target on Oracle from $270.00 to $330.00 and gave the company an “overweight” rating in a report on Wednesday, September 10th. BNP Paribas set a $377.00 price objective on Oracle in a research note on Wednesday, September 10th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 price objective on shares of Oracle in a research note on Wednesday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $306.71.

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.