Oracle Corporation $ORCL Shares Sold by Citizens & Northern Corp

Citizens & Northern Corp trimmed its position in Oracle Corporation (NYSE:ORCL) by 3.2% during the second quarter, Holdings Channel.com reports. The firm owned 14,452 shares of the enterprise software provider’s stock after selling 481 shares during the period. Oracle accounts for about 0.8% of Citizens & Northern Corp’s holdings, making the stock its 21st largest holding. Citizens & Northern Corp’s holdings in Oracle were worth $3,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock worth $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider’s stock worth $903,000 after buying an additional 404 shares during the period. GAMMA Investing LLC boosted its stake in Oracle by 8.1% in the 1st quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after buying an additional 2,546 shares during the last quarter. Advisor Resource Council purchased a new stake in Oracle in the 1st quarter valued at about $328,000. Finally, Flagship Harbor Advisors LLC grew its holdings in Oracle by 5.0% in the 1st quarter. Flagship Harbor Advisors LLC now owns 12,097 shares of the enterprise software provider’s stock valued at $1,691,000 after buying an additional 575 shares during the period. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Insider Activity

In other Oracle news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction that occurred 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 $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 over the last quarter. 40.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ORCL shares. JMP Securities restated a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a report on Friday, October 17th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. BMO Capital Markets set a $355.00 target price on Oracle and gave the company an “outperform” rating in a report on Monday, October 13th. JPMorgan Chase & Co. upped their price target on Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Finally, Stifel Nicolaus lifted their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Stock Performance

Shares of ORCL opened at $275.12 on Wednesday. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market cap of $784.31 billion, a price-to-earnings ratio of 63.69, a PEG ratio of 2.97 and a beta of 1.53. The business’s 50 day moving average is $272.62 and its two-hundred day moving average is $217.84.

Oracle (NYSE:ORCL) last posted 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 net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the prior year, the company earned $1.39 earnings per share. 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. Analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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 given a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. Oracle’s dividend payout ratio (DPR) is presently 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.