Coordinated Financial Services Inc. Takes Position in Oracle Corporation $ORCL

Key Points

• Coordinated Financial Services Inc. has acquired 1,812 shares of Oracle Corporation, valued at approximately $396,000, marking a notable addition to their portfolio in the second quarter.
• Oracle's recent earnings report showed a slight miss on analyst expectations, with $1.47 EPS reported against a consensus of $1.48, and a revenue of $14.93 billion, below the estimated $15.04 billion.
• Several research firms have raised their price targets for Oracle's stock, with reports indicating targets from $342.00 to $377.00 and a consensus average rating of "Moderate Buy."

Coordinated Financial Services Inc. acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,812 shares of the enterprise software provider's stock, valued at approximately $396,000.

Several other hedge funds have also recently made changes to their positions in the stock. Legend Financial Advisors Inc. bought a new stake in Oracle during the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new stake in Oracle during the second quarter valued at approximately $38,000. Redmont Wealth Advisors LLC bought a new stake in Oracle during the first quarter valued at approximately $27,000. Inlight Wealth Management LLC bought a new stake in Oracle during the first quarter valued at approximately $28,000. Finally, Iron Horse Wealth Management LLC grew its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after buying an additional 151 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the 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 transaction, the director directly owned 31,447 shares in the company, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated 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 owned 78,000 shares in the company, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 in the last 90 days. Insiders own 40.90% of the company's stock.

Wall Street Analysts Forecast Growth

ORCL has been the subject of several recent research reports. Melius Research upped their price target on shares of Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Robert W. Baird started coverage on shares of Oracle in a research report on Wednesday. They issued an "outperform" rating and a $365.00 price target for the company. BNP Paribas set a $377.00 price target on shares of Oracle in a research report on Wednesday, September 10th. Jefferies Financial Group upped their price target on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $342.00 price target on shares of Oracle in a research report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $306.43.

Oracle Trading Up 2.9%

Shares of ORCL opened at $296.95 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a market cap of $846.54 billion, a P/E ratio of 68.74, a P/E/G ratio of 3.11 and a beta of 1.53. 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 company's fifty day simple moving average is $265.72 and its 200-day simple moving average is $208.90.

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

Oracle Dividend Announcement

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

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