Aurora Private Wealth Inc. Trims Position in Oracle Corporation $ORCL

Key Points

• Aurora Private Wealth Inc. reduced its holdings in Oracle Corporation by 95.9%, ending up with just 1,111 shares valued at $243,000 following the sale of 25,794 shares.
• Analysts have mixed opinions on Oracle, with three recommending a Strong Buy, twenty-seven a Buy, and two a Sell, reflecting diverse expectations for the company's future performance.
• Oracle recently announced a quarterly dividend of $0.50, resulting in an annualized dividend yield of 0.7%, indicating steady return for shareholders.

Aurora Private Wealth Inc. lessened its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 95.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,111 shares of the enterprise software provider's stock after selling 25,794 shares during the quarter. Aurora Private Wealth Inc.'s holdings in Oracle were worth $243,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter worth $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle during the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC grew its stake in shares of 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 acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new position in shares of Oracle during the 2nd quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Oracle during the 2nd quarter valued at approximately $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ORCL. Rothschild & Co Redburn began coverage on Oracle in a research note on Thursday, September 25th. They set a "sell" rating and a $175.00 price objective for the company. Royal Bank Of Canada boosted their price objective on Oracle from $145.00 to $195.00 and gave the company a "sector perform" rating in a research note on Thursday, June 12th. William Blair reissued an "outperform" rating on shares of Oracle in a report on Monday, September 22nd. Oppenheimer reissued an "outperform" rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Rothschild Redb raised Oracle to a "strong sell" rating in a report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $306.43.

Insider Transactions at Oracle

In other news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael D. Sicilia sold 33,845 shares of Oracle 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 completion of the transaction, the insider owned 132,656 shares of the company's stock, 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. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is owned by company insiders.

Oracle Trading Up 2.9%

Shares of ORCL stock opened at $296.95 on Friday. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The stock's 50-day moving average price is $265.72 and its 200-day moving average price is $208.90. The stock has a market capitalization of $846.54 billion, a price-to-earnings ratio of 68.74, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the firm posted $1.39 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. 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 fiscal year.

Oracle Announces Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.