Balefire LLC Purchases 2,103 Shares of Oracle Corporation $ORCL

Key Points

• Balefire LLC increased its position in Oracle Corporation by 14.7%, acquiring an additional 2,103 shares, making Oracle its 26th largest holding valued at approximately $3.58 million.
• Insider activity revealed that Oracle executives, including Michael D. Sicilia, sold over 61,924 shares worth nearly $17 million in the last 90 days, indicating a notable decrease in their holdings.
• Oracle recently reported earnings of $1.47 per share, which was slightly below analysts' expectations, while still projecting robust revenue growth and offering a quarterly dividend of $0.50 per share.

Balefire LLC boosted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 14.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,368 shares of the enterprise software provider's stock after purchasing an additional 2,103 shares during the period. Oracle accounts for about 0.8% of Balefire LLC's portfolio, making the stock its 26th biggest holding. Balefire LLC's holdings in Oracle were worth $3,579,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Sunbeam Capital Management LLC bought a new stake in Oracle during the 4th quarter worth approximately $30,000. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter valued at $28,000. Iron Horse Wealth Management LLC raised its position 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 worth $29,000 after purchasing an additional 151 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC bought a new position in Oracle during the 4th quarter worth $36,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In related news, insider Michael D. Sicilia sold 15,880 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $254.48, for a total value of $4,041,142.40. Following the sale, the insider owned 99,212 shares in the company, valued at $25,247,469.76. This represents a 13.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares in the company, valued at approximately $7,337,214.04. The trade was a 9.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 61,924 shares of company stock worth $16,971,612 in the last ninety days. 42.20% of the stock is currently owned by corporate insiders.

Oracle Price Performance

Shares of NYSE ORCL opened at $306.80 on Wednesday. The firm has a market capitalization of $871.84 billion, a P/E ratio of 71.02, a P/E/G ratio of 3.26 and a beta of 1.46. The firm's 50-day moving average price is $247.52 and its 200-day moving average price is $192.43. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. 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 issued its 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 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 period in the previous year, the firm earned $1.39 earnings per share. The business's quarterly 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 anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm 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 of this dividend is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several recent research reports. Sanford C. Bernstein reissued an "outperform" rating on shares of Oracle in a research note on Thursday, September 11th. Melius Research increased their target price on shares of Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Berenberg Bank increased their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research report on Monday. Oppenheimer restated an "outperform" rating on shares of Oracle in a report on Wednesday, June 18th. Finally, BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and an average price target of $303.44.

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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