Oracle Corporation $ORCL Shares Bought by Spartan Planning & Wealth Management

Spartan Planning & Wealth Management raised its position in Oracle Corporation (NYSE:ORCL) by 35.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,517 shares of the enterprise software provider’s stock after buying an additional 658 shares during the quarter. Spartan Planning & Wealth Management’s holdings in Oracle were worth $550,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new position in Oracle in the 2nd quarter valued at $34,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the 1st quarter worth $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the 1st quarter worth $28,000. Iron Horse Wealth Management LLC boosted its position in shares of Oracle by 284.9% during 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. Finally, Family Legacy Financial Solutions LLC purchased a new stake in shares of Oracle during the 2nd quarter worth $60,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Maria Smith sold 10,000 shares of the company’s stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the completion of the transaction, the executive vice president owned 40,807 shares of the company’s stock, valued at $9,507,622.93. This represents a 19.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company’s stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 112,092 shares of company stock worth $32,960,165 in the last 90 days. 42.20% of the stock is currently owned by corporate insiders.

Oracle Price Performance

NYSE:ORCL opened at $282.68 on Tuesday. The firm has a market cap of $803.29 billion, a price-to-earnings ratio of 65.44, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. 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’s 50-day moving average is $258.97 and its two-hundred day moving average is $202.09. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

Oracle (NYSE:ORCL) last released 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 firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently announced 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ORCL shares. Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. UBS Group set a $364.00 target price on shares of Oracle in a research report on Friday. Redburn Partners set a $175.00 price objective on shares of Oracle in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-five 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, the company has an average rating of “Moderate Buy” and an average price target of $304.71.

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.