Signature Wealth Management Partners LLC Invests $667,000 in Oracle Corporation $ORCL

Signature Wealth Management Partners LLC purchased a new position in shares of Oracle Corporation (NYSE:ORCLFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,424 shares of the enterprise software provider’s stock, valued at approximately $667,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mine & Arao Wealth Creation & Management LLC. lifted its holdings in shares of Oracle by 0.7% during the 3rd quarter. Mine & Arao Wealth Creation & Management LLC. now owns 5,281 shares of the enterprise software provider’s stock worth $1,485,000 after acquiring an additional 36 shares during the period. Avion Wealth lifted its stake in Oracle by 16.6% in the 3rd quarter. Avion Wealth now owns 260 shares of the enterprise software provider’s stock valued at $73,000 after purchasing an additional 37 shares during the last quarter. Keystone Wealth Services LLC lifted its stake in Oracle by 2.0% in the 3rd quarter. Keystone Wealth Services LLC now owns 2,044 shares of the enterprise software provider’s stock valued at $575,000 after purchasing an additional 40 shares during the last quarter. Allen Capital Group LLC lifted its stake in Oracle by 1.3% in the 3rd quarter. Allen Capital Group LLC now owns 3,276 shares of the enterprise software provider’s stock valued at $921,000 after purchasing an additional 41 shares during the last quarter. Finally, Noesis Capital Mangement Corp lifted its stake in Oracle by 1.3% in the 3rd quarter. Noesis Capital Mangement Corp now owns 3,377 shares of the enterprise software provider’s stock valued at $950,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, EVP Stuart Levey sold 15,000 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the sale, the executive vice president directly owned 3,429 shares in the company, valued at $604,155.51. This represents a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Clayton M. Magouyrk sold 10,000 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $155.23, for a total transaction of $1,552,300.00. Following the sale, the chief executive officer owned 134,030 shares of the company’s stock, valued at approximately $20,805,476.90. This trade represents a 6.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 40.90% of the company’s stock.

Oracle Price Performance

ORCL stock opened at $172.12 on Friday. The company has a fifty day moving average price of $154.96 and a 200-day moving average price of $189.80. The company has a market capitalization of $495.02 billion, a P/E ratio of 30.90, a PEG ratio of 1.54 and a beta of 1.55. Oracle Corporation has a 52-week low of $134.57 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.35 and a current ratio of 1.35.

Oracle (NYSE:ORCLGet Free Report) last released its quarterly earnings results on Tuesday, March 10th. The enterprise software provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.08. The firm had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $16.91 billion. Oracle had a net margin of 25.30% and a return on equity of 62.70%. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.47 earnings per share. Oracle has set its Q4 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts expect that Oracle Corporation will post 6.08 EPS for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Thursday, April 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, April 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. Oracle’s dividend payout ratio is 35.91%.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

Wall Street Analysts Forecast Growth

ORCL has been the subject of several research reports. Weiss Ratings downgraded shares of Oracle from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, January 23rd. DA Davidson increased their price objective on shares of Oracle from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, March 11th. TD Cowen dropped their price objective on shares of Oracle from $350.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Citizens Jmp dropped their price objective on shares of Oracle from $342.00 to $285.00 and set a “market outperform” rating for the company in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $160.00 price objective on shares of Oracle in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $259.56.

Check Out Our Latest Analysis on ORCL

Oracle Profile

(Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

Read More

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCLFree Report).

Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.