1,091 Shares in Oracle Corporation $ORCL Bought by MinichMacGregor Wealth Management LLC

Key Points

• MinichMacGregor Wealth Management LLC has acquired 1,091 shares of Oracle Corporation, valued at approximately $238,000, marking a new investment in the company.
• Insider Michael D. Sicilia sold 33,845 shares for over $10.8 million, reducing his stake by 20.33%, while Director Rona Alison Fairhead increased her holdings by purchasing 480 shares.
• The stock of Oracle has seen various analyst upgrades, with target prices raised by firms such as Piper Sandler and UBS Group, reflecting a consensus rating of "Moderate Buy."

MinichMacGregor Wealth Management LLC bought a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 1,091 shares of the enterprise software provider's stock, valued at approximately $238,000.

A number of other large investors also recently modified their holdings of ORCL. Nuveen LLC bought a new position in shares of Oracle in the 1st quarter worth $732,692,000. GAMMA Investing LLC lifted its stake in Oracle by 15,012.3% during the 1st quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock valued at $664,810,000 after acquiring an additional 4,723,631 shares in the last quarter. Vanguard Group Inc. lifted its stake in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Oracle in the 2nd quarter worth $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Oracle by 79.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock valued at $648,572,000 after purchasing an additional 2,049,687 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value 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. The trade was a 20.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Rona Alison Fairhead acquired 480 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was purchased at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the completion of the purchase, the director directly owned 22,110 shares in the company, valued at $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 112,092 shares of company stock worth $32,960,165 in the last ninety days. 42.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ORCL has been the subject of several analyst reports. William Blair reiterated an "outperform" rating on shares of Oracle in a report on Monday. Piper Sandler increased their target price on shares of Oracle from $270.00 to $330.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. JMP Securities reiterated a "market outperform" rating and issued a $342.00 target price on shares of Oracle in a report on Wednesday. UBS Group set a $364.00 target price on shares of Oracle in a report on Friday. Finally, Berenberg Bank increased their target price on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Oracle Trading Down 2.8%

NYSE ORCL opened at $283.29 on Friday. The stock has a market capitalization of $805.03 billion, a price-to-earnings ratio of 65.58, a PEG ratio of 3.13 and a beta of 1.46. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. 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 fifty day moving average is $258.19 and its 200-day moving average is $200.44.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data 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 net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The company's revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's payout ratio is currently 46.30%.

Oracle Company 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.

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