Ashton Thomas Securities LLC Buys 3,744 Shares of Oracle Corporation $ORCL

Key Points

• Ashton Thomas Securities LLC increased its stake in Oracle Corporation by 11.9%, purchasing an additional 3,744 shares, now holding a total of 35,292 shares worth about $7.7 million.
• Oracle's recent quarterly earnings report showed a slight miss on EPS estimates, with a profit of $1.47 per share, compared to the anticipated $1.48, while revenue rose by 12.2% year-over-year.
• Wall Street analysts are optimistic about Oracle, with multiple firms raising their price targets significantly and the consensus rating for the stock being a "Moderate Buy".

Ashton Thomas Securities LLC raised its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 11.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 35,292 shares of the enterprise software provider's stock after buying an additional 3,744 shares during the period. Oracle comprises about 1.9% of Ashton Thomas Securities LLC's portfolio, making the stock its 8th largest holding. Ashton Thomas Securities LLC's holdings in Oracle were worth $7,717,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle during the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC boosted its stake in shares of Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle during the second quarter worth $34,000. Finally, Graybill Wealth Management LTD. acquired a new stake in Oracle in the 1st quarter valued at about $39,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ORCL. Cantor Fitzgerald boosted their price target on shares of Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Stifel Nicolaus boosted their target price on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Barclays raised their price target on shares of Oracle from $221.00 to $281.00 and gave the stock an "overweight" rating in a report on Monday, September 8th. Scotiabank reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Finally, Wolfe Research increased their price objective on Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

Oracle Stock Up 0.1%

Oracle stock opened at $289.18 on Friday. The stock has a market cap of $824.39 billion, a PE ratio of 66.94, a P/E/G ratio of 3.11 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 stock's fifty day moving average is $261.71 and its two-hundred day moving average is $204.17. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. 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 46.30%.

Insiders Place Their Bets

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction 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 transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock worth $31,272,223. Corporate insiders own 42.20% of the company's stock.

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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