Crux Wealth Advisors Purchases 2,069 Shares of Oracle Corporation $ORCL

Crux Wealth Advisors increased its position in shares of Oracle Corporation (NYSE:ORCL) by 24.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,568 shares of the enterprise software provider’s stock after buying an additional 2,069 shares during the period. Oracle accounts for approximately 1.0% of Crux Wealth Advisors’ holdings, making the stock its 29th biggest position. Crux Wealth Advisors’ holdings in Oracle were worth $2,311,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the 1st quarter worth about $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC increased its position in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the second quarter worth approximately $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle in the second quarter valued at approximately $38,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In related news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,769 shares of company stock worth $36,428,967 over the last ninety days. Company insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group boosted their target price on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday. TD Cowen boosted their price objective on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. DA Davidson increased their target price on shares of Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 10th. William Blair reissued an “outperform” rating on shares of Oracle in a research report on Friday. Finally, UBS Group upped their price target on Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a report on Friday. Three 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average price target of $323.40.

Oracle Stock Down 6.7%

NYSE ORCL opened at $291.95 on Friday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The company has a market capitalization of $832.28 billion, a price-to-earnings ratio of 67.58, a PEG ratio of 3.13 and a beta of 1.53. The stock’s 50 day moving average is $271.71 and its two-hundred day moving average is $215.85. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast 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 paid 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 payout ratio is currently 46.30%.

Oracle 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.