Oracle Corporation $ORCL Shares Sold by Charter Oak Capital Management LLC

Charter Oak Capital Management LLC cut its position in shares of Oracle Corporation (NYSE:ORCL) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,378 shares of the enterprise software provider’s stock after selling 222 shares during the quarter. Charter Oak Capital Management LLC’s holdings in Oracle were worth $520,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of ORCL. Sunbeam Capital Management LLC acquired a new stake in Oracle during the 4th quarter worth approximately $30,000. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC acquired a new stake in shares of Oracle in the first quarter worth $28,000. Iron Horse Wealth Management LLC increased its position in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after acquiring an additional 151 shares in the last quarter. Finally, Fourth Dimension Wealth LLC purchased a new position in shares of Oracle in the 4th quarter valued at $36,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oracle

In other news, EVP Maria Smith sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the sale, the executive vice president directly owned 40,807 shares in the company, valued at approximately $9,507,622.93. This represents a 19.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock valued at $22,090,505 over the last ninety days. Insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Shares of ORCL opened at $296.67 on Friday. The stock has a market capitalization of $843.06 billion, a PE ratio of 68.67, a price-to-earnings-growth ratio of 3.26 and a beta of 1.46. The business’s fifty day moving average price is $250.06 and its 200 day moving average price is $194.11. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. 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 for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm earned $1.39 EPS. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ORCL. DA Davidson upped their price target on shares of Oracle from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 10th. Cowen restated a “buy” rating and set a $375.00 price objective on shares of Oracle in a research note on Wednesday, September 10th. Mizuho upped their target price on Oracle from $300.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Cantor Fitzgerald increased their target price on Oracle from $271.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, September 10th. Finally, Royal Bank Of Canada boosted their price target on Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $303.44.

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.