Oracle Corporation $ORCL Shares Sold by First Merchants Corp

First Merchants Corp reduced its stake in Oracle Corporation (NYSE:ORCL) by 13.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,537 shares of the enterprise software provider’s stock after selling 1,680 shares during the period. First Merchants Corp’s holdings in Oracle were worth $2,304,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ORCL. Brighton Jones LLC lifted its holdings in shares of Oracle by 189.3% in the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider’s stock valued at $25,593,000 after purchasing an additional 100,494 shares during the last quarter. Revolve Wealth Partners LLC increased 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. Wedge Capital Management L L P NC lifted its stake in Oracle by 4.0% in the first quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider’s stock valued at $401,000 after buying an additional 110 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of Oracle by 9.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 38,341 shares of the enterprise software provider’s stock valued at $5,360,000 after acquiring an additional 3,269 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Oracle by 8.1% during the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider’s stock worth $4,755,000 after acquiring an additional 2,546 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analyst Weigh In

ORCL has been the subject of a number of recent research reports. Royal Bank Of Canada increased their price target on shares of Oracle from $145.00 to $195.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 12th. Redburn Partners set a $175.00 target price on shares of Oracle in a research note on Thursday, September 25th. JPMorgan Chase & Co. boosted their price target on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Roth Capital restated a “hold” rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Cowen restated a “buy” rating and issued a $375.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $306.43.

Oracle Stock Performance

NYSE ORCL opened at $288.48 on Thursday. 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 business’s 50 day moving average is $264.86 and its two-hundred day moving average is $207.92. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The stock has a market capitalization of $822.40 billion, a price-to-earnings ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53.

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 the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’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. Research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date 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 is currently 46.30%.

Insider Transactions at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at $42,603,800.96. This represents a 20.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by insiders.

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.