Defined Financial Planning LLC Sells 899 Shares of Oracle Corporation $ORCL

Key Points

• Defined Financial Planning LLC reduced its stake in Oracle Corporation by 50.4%, selling 899 shares to hold a total of 885 shares valued at approximately $208,000.
• Analysts have recently set new price targets for Oracle, with Deutsche Bank and Westpark Capital increasing their targets to $240.00 and $246.00 respectively, reflecting confidence in the company's performance.
• Oracle announced a quarterly dividend of $0.50 per share, amounting to an annual yield of 0.7%, with the payment date set for October 23rd.

Defined Financial Planning LLC lowered its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 50.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 885 shares of the enterprise software provider's stock after selling 899 shares during the period. Defined Financial Planning LLC's holdings in Oracle were worth $208,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ORCL. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle in the 2nd quarter valued at approximately $34,000. HighMark Wealth Management LLC acquired a new position in shares of Oracle in the second quarter worth $38,000. Redmont Wealth Advisors LLC purchased a new position in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the 1st quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC increased its holdings in Oracle by 284.9% in 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 last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on ORCL shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Westpark Capital boosted their target price on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Rothschild Redb raised Oracle to a "strong sell" rating in a research note on Thursday, September 25th. UBS Group set a $364.00 price objective on Oracle in a research note on Friday, September 26th. Finally, Cowen reissued a "buy" rating and issued a $375.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Oracle Trading Up 2.0%

Shares of NYSE:ORCL opened at $291.77 on Tuesday. The company's 50-day moving average price is $263.41 and its 200 day moving average price is $206.82. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $831.77 billion, a PE ratio of 67.54, a P/E/G ratio of 3.08 and a beta of 1.53. 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 posted its quarterly earnings data 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). The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company's revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Insider Activity at Oracle

In related news, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the sale, the director owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock worth $31,272,223 in the last 90 days. 40.90% of the stock is owned by corporate insiders.

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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