Prime Capital Investment Advisors LLC Sells 3,080 Shares of Oracle Corporation $ORCL

Prime Capital Investment Advisors LLC reduced its position in shares of Oracle Corporation (NYSE:ORCL) by 5.3% in the second quarter, Holdings Channel reports. The fund owned 54,658 shares of the enterprise software provider’s stock after selling 3,080 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Oracle were worth $11,950,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORCL. Harel Insurance Investments & Financial Services Ltd. raised its position in Oracle by 71.6% during the first 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. boosted its stake in Oracle by 4.3% during the first 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 period. Lockerman Financial Group Inc. bought a new position in Oracle during the second quarter valued at $328,000. Elser Financial Planning Inc bought a new position in Oracle during the 2nd quarter valued at about $1,066,000. Finally, Canoe Financial LP lifted its stake in Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider’s stock worth $105,838,000 after purchasing an additional 367,400 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

ORCL opened at $286.23 on Monday. The firm 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. 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 business’s 50-day moving average is $262.53 and its two-hundred day moving average is $205.85. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL) last released its quarterly earnings results 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 firm 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 firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share 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 paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Insiders Place Their Bets

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The transaction 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 business’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 transaction of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 in the last 90 days. Corporate insiders own 40.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ORCL. Citigroup reaffirmed an “outperform” rating on shares of Oracle in a research report on Wednesday, September 10th. Scotiabank reaffirmed an “outperform” rating on shares of Oracle in a research note on Wednesday, September 10th. UBS Group set a $364.00 price objective on shares of Oracle in a research report on Friday, September 26th. Barclays upped their target price on shares of Oracle from $221.00 to $281.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Finally, Redburn Partners set a $175.00 price target on shares of Oracle in a research note on Thursday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Oracle currently has an average rating of “Moderate Buy” and a consensus target price of $304.71.

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.