Community Financial Services Group LLC Grows Stock Position in Oracle Corporation $ORCL

Community Financial Services Group LLC lifted its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 379.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,301 shares of the enterprise software provider’s stock after acquiring an additional 8,945 shares during the period. Community Financial Services Group LLC’s holdings in Oracle were worth $2,471,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ORCL. Brighton Jones LLC raised its position in shares of Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after acquiring an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock valued at $903,000 after acquiring an additional 404 shares in the last quarter. Merit Financial Group LLC raised its position in shares of Oracle by 16.1% during the 1st quarter. Merit Financial Group LLC now owns 54,734 shares of the enterprise software provider’s stock valued at $7,652,000 after acquiring an additional 7,574 shares in the last quarter. Capital Asset Advisory Services LLC raised its position in shares of Oracle by 2.6% during the 1st quarter. Capital Asset Advisory Services LLC now owns 7,277 shares of the enterprise software provider’s stock valued at $1,061,000 after acquiring an additional 181 shares in the last quarter. Finally, RFG Advisory LLC raised its position in shares of Oracle by 22.5% during the 1st quarter. RFG Advisory LLC now owns 24,483 shares of the enterprise software provider’s stock valued at $3,423,000 after acquiring an additional 4,501 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In related news, 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,314 shares of company stock valued at $31,272,223. Corporate insiders own 42.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Rothschild & Co Redburn started coverage on Oracle in a research report on Thursday, September 25th. They set a “sell” rating and a $175.00 price target on the stock. Jefferies Financial Group upped their price objective on Oracle from $270.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. The Goldman Sachs Group upped their price objective on Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Royal Bank Of Canada upped their price objective on Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 12th. Finally, Mizuho upped their price objective on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.71.

Get Our Latest Report on ORCL

Oracle Trading Up 3.0%

NYSE:ORCL opened at $289.68 on Thursday. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market cap of $825.83 billion, a price-to-earnings ratio of 67.06, a PEG ratio of 3.03 and a beta of 1.53. The business has a fifty day moving average of $260.78 and a 200-day moving average of $203.24. 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 (NYSE:ORCLGet Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the company posted $1.39 EPS. 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. Equities analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Oracle Profile

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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