Oracle Corporation $ORCL Shares Sold by Perigon Wealth Management LLC

Perigon Wealth Management LLC decreased its stake in shares of Oracle Corporation (NYSE:ORCL) by 4.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 28,202 shares of the enterprise software provider’s stock after selling 1,361 shares during the quarter. Perigon Wealth Management LLC’s holdings in Oracle were worth $6,166,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. grew its holdings in shares of Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider’s stock valued at $141,000 after purchasing an additional 43 shares during the period. Davis Investment Partners LLC boosted its holdings in Oracle by 0.7% in the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider’s stock valued at $1,517,000 after purchasing an additional 46 shares during the last quarter. Acropolis Investment Management LLC grew its stake in shares of Oracle by 2.6% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider’s stock valued at $404,000 after buying an additional 47 shares during the period. Sunpointe LLC increased its holdings in shares of Oracle by 0.9% during the 2nd quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider’s stock worth $1,216,000 after buying an additional 48 shares during the last quarter. Finally, American Financial Advisors LLC raised its position in shares of Oracle by 2.3% during the 2nd quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider’s stock valued at $488,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Activity

In other news, Director Naomi O. Seligman sold 3,303 shares of the business’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares of the company’s stock, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock worth $32,960,165 over the last three months. Company insiders own 42.20% of the company’s stock.

Oracle Stock Down 5.6%

Shares of ORCL opened at $291.28 on Friday. The company’s 50-day simple moving average is $257.43 and its 200-day simple moving average is $199.48. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The stock has a market capitalization of $827.73 billion, a PE ratio of 67.43, a P/E/G ratio of 3.33 and a beta of 1.46.

Oracle (NYSE:ORCL) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business 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 $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio (DPR) is 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several analyst reports. Morgan Stanley increased their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Loop Capital set a $135.00 price target on Oracle in a report on Tuesday, June 10th. Raymond James Financial reissued a “strong-buy” rating on shares of Oracle in a research report on Wednesday, June 18th. Citigroup reaffirmed an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Finally, Wolfe Research lifted their price target on shares of Oracle from $300.00 to $400.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. 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 one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $298.06.

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.