Oracle Corporation $ORCL Shares Sold by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC lessened its stake in Oracle Corporation (NYSE:ORCL) by 69.2% during the second quarter, HoldingsChannel.com reports. The firm owned 1,864 shares of the enterprise software provider’s stock after selling 4,184 shares during the period. Fortis Capital Advisors LLC’s holdings in Oracle were worth $408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Reyes Financial Architecture Inc. raised its stake in Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock worth $141,000 after acquiring an additional 43 shares during the period. Creative Capital Management Investments LLC raised its stake in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider’s stock worth $174,000 after acquiring an additional 43 shares during the period. Davis Investment Partners LLC raised its stake in Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock worth $1,517,000 after acquiring an additional 46 shares during the period. Acropolis Investment Management LLC raised its stake in Oracle by 2.6% during the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock worth $404,000 after acquiring an additional 47 shares during the period. Finally, Sunpointe LLC grew its position in Oracle by 0.9% in the 2nd quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock worth $1,216,000 after purchasing an additional 48 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Oracle in a research note on Saturday, September 27th. TD Cowen raised their price target on shares of Oracle from $325.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Raymond James Financial restated a “strong-buy” rating on shares of Oracle in a research note on Wednesday, June 18th. Wolfe Research raised their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research note on Wednesday, September 10th. Finally, Royal Bank Of Canada raised their price target on shares of Oracle from $145.00 to $195.00 and gave the company a “sector perform” rating in a research note on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $304.71.

Insider Activity

In other Oracle news, Director Rona Alison Fairhead bought 480 shares of Oracle stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the acquisition, the director owned 22,110 shares of the company’s stock, valued at approximately $5,170,865.70. This represents a 2.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 sale, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,314 shares of company stock valued at $31,272,223 in the last ninety days. 42.20% of the stock is owned by company insiders.

Oracle Trading Down 0.9%

Oracle stock opened at $286.23 on Friday. The firm has a 50 day simple moving average of $262.53 and a 200-day simple moving average of $205.48. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a market capitalization of $815.99 billion, a PE ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72.

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

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a dividend of $0.50 per share. 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 (DPR) is presently 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.