EdgeRock Capital LLC Acquires Shares of 1,873 Oracle Corporation $ORCL

Key Points

• EdgeRock Capital LLC acquired 1,873 shares of Oracle Corporation for approximately $410,000 during the 2nd quarter, marking a new position for the institutional investor.
• In recent changes, several institutional investors, including Brighton Jones LLC and Wellington Management Group LLP, significantly increased their stakes in Oracle, reflecting growing confidence in the company's stock.
• Analysts have set varied price targets for Oracle, with estimates ranging from $135.00 to $400.00, indicating mixed but generally positive expectations for the company’s future performance.

EdgeRock Capital LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,873 shares of the enterprise software provider's stock, valued at approximately $410,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its position in Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after acquiring an additional 100,494 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after purchasing an additional 404 shares during the last quarter. Chancellor Financial Group WB LP purchased a new stake in shares of Oracle during the fourth quarter worth approximately $205,000. Mascagni Wealth Management Inc. acquired a new stake in shares of Oracle during the fourth quarter worth $77,000. Finally, Wellington Management Group LLP grew its position in Oracle by 200.4% in the 4th quarter. Wellington Management Group LLP now owns 172,483 shares of the enterprise software provider's stock valued at $28,743,000 after buying an additional 115,059 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on ORCL. Redburn Partners set a $175.00 price objective on shares of Oracle in a research report on Thursday. Berenberg Bank increased their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a report on Monday, September 15th. Loop Capital set a $135.00 price objective on shares of Oracle in a research report on Tuesday, June 10th. Royal Bank Of Canada boosted their target price on Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 12th. Finally, Cantor Fitzgerald raised their price target on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and an average target price of $298.06.

Oracle Stock Performance

ORCL opened at $291.28 on Friday. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The stock has a market cap of $827.73 billion, a P/E ratio of 67.43, a P/E/G ratio of 3.33 and a beta of 1.46. The stock's 50 day simple moving average is $257.43 and its 200 day simple moving average is $199.48. 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 (NYSE:ORCL - Get Free Report) last issued 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 firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

Insider Transactions at Oracle

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle 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 of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 112,092 shares of company stock worth $32,960,165 in the last 90 days. Insiders own 42.20% of the company's stock.

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.

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