Blackston Financial Advisory Group LLC Invests $223,000 in Oracle Corporation $ORCL

Blackston Financial Advisory Group LLC acquired a new stake in Oracle Corporation (NYSE:ORCL) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,021 shares of the enterprise software provider’s stock, valued at approximately $223,000.

Several other hedge funds have also added to or reduced their stakes in the business. Ibex Wealth Advisors acquired a new position in Oracle in the 2nd quarter valued at approximately $458,000. Vise Technologies Inc. acquired a new position in shares of Oracle during the second quarter worth $10,067,000. Alpha Cubed Investments LLC grew its stake in shares of Oracle by 142.8% in the second quarter. Alpha Cubed Investments LLC now owns 111,539 shares of the enterprise software provider’s stock worth $24,386,000 after purchasing an additional 65,592 shares during the last quarter. Allworth Financial LP increased its holdings in Oracle by 50.6% in the second quarter. Allworth Financial LP now owns 317,324 shares of the enterprise software provider’s stock valued at $69,376,000 after purchasing an additional 106,615 shares during the period. Finally, Addison Advisors LLC increased its holdings in Oracle by 22.6% in the second quarter. Addison Advisors LLC now owns 6,852 shares of the enterprise software provider’s stock valued at $1,498,000 after purchasing an additional 1,265 shares during the period. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm’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 value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the company’s 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 transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on ORCL shares. Rothschild & Co Redburn assumed coverage on Oracle in a report on Thursday, September 25th. They set a “sell” rating and a $175.00 target price on the stock. Rothschild Redb raised Oracle to a “strong sell” rating in a research note on Thursday, September 25th. UBS Group upped their target price on Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a report on Friday, October 17th. Scotiabank raised their price target on shares of Oracle from $350.00 to $360.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Finally, JMP Securities restated a “market outperform” rating and issued a $342.00 price target on shares of Oracle in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.69.

Oracle Price Performance

Oracle stock opened at $239.15 on Monday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The stock’s 50 day moving average price is $279.32 and its two-hundred day moving average price is $231.30. The stock has a market capitalization of $681.77 billion, a price-to-earnings ratio of 55.36, a PEG ratio of 2.96 and a beta of 1.51.

Oracle (NYSE:ORCL) last posted 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business posted $1.39 earnings per share. The company’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. On average, equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

About Oracle

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.