Oracle Corporation (NYSE:ORCL – Get Free Report) insider Michael Sicilia sold 16,323 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the transaction, the insider directly owned 110,094 shares in the company, valued at approximately $34,525,478.40. This represents a 12.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Oracle Price Performance
Shares of NYSE ORCL opened at $301.64 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 stock has a market cap of $857.17 billion, a price-to-earnings ratio of 69.82, a PEG ratio of 3.31 and a beta of 1.46. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company’s 50-day moving average price is $248.83 and its 200 day moving average price is $193.18.
Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.
Oracle Dividend Announcement
Institutional Trading of Oracle
A number of institutional investors have recently modified their holdings of ORCL. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Oracle by 71.6% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider’s stock valued at $35,984,000 after purchasing an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. raised its position in Oracle by 4.3% in the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider’s stock worth $7,179,000 after buying an additional 2,110 shares during the last quarter. Strs Ohio bought a new stake in Oracle in the 1st quarter worth approximately $108,572,000. CBM Financial LLC purchased a new stake in Oracle during the first quarter valued at $356,000. Finally, Paladin Wealth LLC purchased a new position in shares of Oracle in the second quarter worth approximately $204,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on ORCL. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Oracle in a research report on Thursday, September 11th. Oppenheimer restated an “outperform” rating on shares of Oracle in a research note on Wednesday, June 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Oracle in a report on Wednesday, June 18th. Westpark Capital upped their price objective on shares of Oracle from $195.00 to $246.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Finally, Roth Capital reaffirmed a “hold” rating on shares of Oracle in a research note on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and an average target price of $303.44.
Read Our Latest Stock Report on ORCL
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.
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