Red Crane Wealth Management LLC Has $582,000 Stock Holdings in Oracle Corporation $ORCL

Red Crane Wealth Management LLC raised its holdings in shares of Oracle Corporation (NYSE:ORCLFree Report) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,664 shares of the enterprise software provider’s stock after purchasing an additional 62 shares during the quarter. Red Crane Wealth Management LLC’s holdings in Oracle were worth $582,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. LGT Financial Advisors LLC acquired a new stake in Oracle during the 2nd quarter valued at $33,000. Legend Financial Advisors Inc. acquired a new stake in Oracle during the 2nd quarter valued at $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle during the 2nd quarter valued at $38,000. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the 1st quarter valued at $27,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock valued at $29,000 after purchasing an additional 151 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In related news, Director William G. Parrett sold 11,500 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 in the last ninety days. Insiders own 40.90% of the company’s stock.

Oracle Stock Down 0.9%

Shares of NYSE ORCL opened at $272.81 on Thursday. 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 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market capitalization of $777.71 billion, a P/E ratio of 63.15, a PEG ratio of 2.96 and a beta of 1.53. The stock’s fifty day moving average is $273.18 and its 200 day moving average is $218.22.

Oracle (NYSE:ORCLGet Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 in the previous year, the business posted $1.39 EPS. The firm’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. Sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be given 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 (DPR) is presently 46.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ORCL shares. Baird R W raised Oracle to a “strong-buy” rating in a report on Wednesday, October 8th. Robert W. Baird assumed coverage on Oracle in a report on Wednesday, October 8th. They set an “outperform” rating and a $365.00 target price for the company. Barclays lifted their target price on Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Rothschild Redb raised Oracle to a “strong sell” rating in a report on Thursday, September 25th. Finally, Guggenheim lifted their target price on Oracle from $375.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Oracle has a consensus rating of “Moderate Buy” and a consensus price target of $323.69.

Get Our Latest Stock Analysis on ORCL

Oracle Profile

(Free Report)

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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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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