ERn Financial LLC Sells 4,918 Shares of Oracle Corporation $ORCL

Key Points

• ERn Financial LLC has reduced its holdings in Oracle Corporation by 38.1%, selling 4,918 shares and now owning 8,003 shares valued at approximately $1.75 million.
• Oracle's most recent earnings report showed earnings per share of $1.47, which slightly missed analysts' expectations, while the company reported a year-over-year revenue growth of 12.2%.
• The firm announced a quarterly dividend of $0.50, with an annualized basis of $2.00, reflecting a dividend yield of 0.7%.

ERn Financial LLC reduced its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 38.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,003 shares of the enterprise software provider's stock after selling 4,918 shares during the quarter. ERn Financial LLC's holdings in Oracle were worth $1,750,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the second quarter worth about $34,000. Redmont Wealth Advisors LLC bought a new position in shares of Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new position in shares of Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC grew its holdings in shares of Oracle by 284.9% during 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 in the last quarter. Finally, Family Legacy Financial Solutions LLC bought a new position in shares of Oracle during the second quarter worth about $60,000. 42.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on ORCL. UBS Group set a $364.00 price objective on Oracle in a report on Friday. Evercore ISI increased their price objective on Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a report on Wednesday, September 10th. Raymond James Financial reiterated a "strong-buy" rating on shares of Oracle in a report on Wednesday, June 18th. William Blair reiterated an "outperform" rating on shares of Oracle in a report on Monday, September 22nd. Finally, Loop Capital set a $135.00 price target on Oracle in a research report on Tuesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average price target of $304.71.

Oracle Stock Performance

Shares of NYSE ORCL opened at $283.29 on Monday. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market capitalization of $805.03 billion, a PE ratio of 65.58, a price-to-earnings-growth ratio of 3.05 and a beta of 1.46. The stock has a 50 day moving average price of $258.19 and a 200 day moving average price of $201.16. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the business 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. Analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

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

Insider Buying and Selling

In other news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the sale, the director directly owned 31,447 shares of the company's stock, valued at $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, the insider 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 112,092 shares of company stock valued at $32,960,165. Insiders own 42.20% of the company's stock.

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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