Forum Financial Management LP Purchases 2,294 Shares of Oracle Corporation $ORCL

Forum Financial Management LP increased its position in Oracle Corporation (NYSE:ORCL) by 17.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,463 shares of the enterprise software provider’s stock after buying an additional 2,294 shares during the period. Forum Financial Management LP’s holdings in Oracle were worth $3,381,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. LGT Financial Advisors LLC purchased a new stake in Oracle in the 2nd quarter worth $33,000. Legend Financial Advisors Inc. purchased a new stake in Oracle in the 2nd quarter worth $34,000. HighMark Wealth Management LLC purchased a new stake in Oracle in the 2nd quarter worth $38,000. Redmont Wealth Advisors LLC purchased a new stake in Oracle in the 1st quarter worth $27,000. Finally, Iron Horse Wealth Management LLC lifted its stake 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 purchasing an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analyst Ratings Changes

ORCL has been the topic of several recent research reports. Mizuho upped their target price on shares of Oracle from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Weiss Ratings upgraded shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Stifel Nicolaus increased their price objective on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, Guggenheim increased their price objective on shares of Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Insiders Place Their Bets

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the firm’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company’s stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 120,769 shares of company stock valued at $36,428,967. Corporate insiders own 40.90% of the company’s stock.

Oracle Price Performance

NYSE ORCL opened at $272.81 on Thursday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The firm’s 50 day moving average price is $273.18 and its 200-day moving average price is $218.22. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $777.71 billion, a PE ratio of 63.15, a P/E/G ratio of 2.96 and a beta of 1.53.

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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same period in the previous year, the company earned $1.39 EPS. The company’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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