Chris Bulman Inc Acquires New Holdings in Oracle Corporation $ORCL

Key Points

• Chris Bulman Inc has acquired a stake in Oracle Corporation worth approximately $216,000 by purchasing 989 shares in the 2nd quarter.
• Insider activity showed significant sales, with Director Naomi O. Seligman and insider Michael D. Sicilia selling 3,303 and 16,323 shares, reducing their ownership by 9.51% and 12.91%, respectively.
• Oracle recently announced a quarterly dividend of $0.50 per share, reflecting an annualized payout of $2.00 and a 0.6% dividend yield.

Chris Bulman Inc purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 989 shares of the enterprise software provider's stock, valued at approximately $216,000.

Other large investors have also added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new position in Oracle in the first quarter valued at about $27,000. Inlight Wealth Management LLC purchased a new position in shares of Oracle during the 1st quarter valued at approximately $28,000. Iron Horse Wealth Management LLC increased 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 buying an additional 151 shares during the last quarter. Fourth Dimension Wealth LLC acquired a new stake in Oracle in the fourth quarter valued at $36,000. Finally, Family Legacy Financial Solutions LLC bought a new stake in shares of Oracle in the 2nd quarter worth about $60,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets set a $345.00 price target on Oracle in a report on Wednesday, September 10th. Piper Sandler raised their target price on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a report on Wednesday, September 10th. Oppenheimer reiterated an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. KeyCorp boosted their price objective on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, June 12th. Finally, Roth Capital reiterated a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $303.44.

Insider Buying and Selling at Oracle

In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael D. Sicilia sold 16,323 shares of the firm's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the sale, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 78,247 shares of company stock valued at $22,090,505 in the last ninety days. Company insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of NYSE:ORCL traded up $20.44 on Monday, reaching $329.10. 44,291,474 shares of the company traded hands, compared to its average volume of 29,628,284. The company's 50 day moving average is $253.63 and its 200-day moving average is $196.92. The stock has a market capitalization of $935.21 billion, a PE ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts anticipate that Oracle Corporation will post 5 earnings per share 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 issued a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's dividend payout ratio is presently 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.