Evernest Financial Advisors LLC Buys Shares of 1,141 Oracle Corporation $ORCL

Key Points

• Evernest Financial Advisors LLC has acquired a new stake in Oracle Corporation, purchasing 1,141 shares valued at around $250,000 in the second quarter.
• Insider transactions reveal that Oracle's Director and EVP have recently sold a significant number of shares, reducing their ownership—indicative of insider sentiment about the stock's future.
• Oracle has declared a quarterly dividend of $0.50, resulting in an annualized yield of 0.7%, with a payout ratio of 46.30%.

Evernest Financial Advisors LLC bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,141 shares of the enterprise software provider's stock, valued at approximately $250,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. acquired a new stake in Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC acquired a new stake in Oracle in the second quarter valued at approximately $38,000. Redmont Wealth Advisors LLC acquired a new stake in Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter valued at approximately $28,000. Finally, Iron Horse Wealth Management LLC boosted its position 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 in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of Oracle stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares of the company's stock, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 120,769 shares of company stock valued at $36,428,967. 40.90% of the stock is owned by insiders.

Oracle Price Performance

Shares of NYSE ORCL opened at $303.30 on Thursday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The firm has a fifty day simple moving average of $269.61 and a 200 day simple moving average of $213.14. The company has a market capitalization of $864.64 billion, a PE ratio of 70.21, a P/E/G ratio of 3.22 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last announced its 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the business earned $1.39 EPS. Oracle'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. On average, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders 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 payout ratio is 46.30%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ORCL shares. Citigroup reiterated a "buy" rating on shares of Oracle in a report on Friday, October 10th. Sanford C. Bernstein lifted their price target on shares of Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a report on Friday, September 26th. Berenberg Bank lifted 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. UBS Group set a $364.00 price target on shares of Oracle in a report on Friday, September 26th. Finally, Redburn Partners set a $175.00 price target on shares of Oracle in a report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Oracle presently has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

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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