Exencial Wealth Advisors LLC Sells 30,975 Shares of Oracle Corporation $ORCL

Key Points

• Exencial Wealth Advisors LLC has decreased its stake in Oracle Corporation by 28.1%, selling 30,975 shares, leaving it with 79,071 shares valued at approximately $17.29 million.
• Several institutional investors, including Vanguard Group and Mitsubishi UFJ Asset Management, have significantly increased their positions in Oracle, contributing to a total of 42.44% institutional ownership of the stock.
• Oracle's latest quarterly earnings showed a slight miss on expectations with an EPS of $1.47, and the company recently announced a quarterly dividend of $0.50 per share.

Exencial Wealth Advisors LLC reduced its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 28.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,071 shares of the enterprise software provider's stock after selling 30,975 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Oracle were worth $17,287,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORCL. Nuveen LLC bought a new position in Oracle in the 1st quarter worth $732,692,000. Vanguard Group Inc. raised its holdings in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Oracle in the 2nd quarter worth $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after purchasing an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after purchasing an additional 1,894,157 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the sale, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock valued at $36,428,967 in the last three months. 40.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on ORCL. DA Davidson upped their price objective on shares of Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a report on Wednesday, September 10th. Citigroup reaffirmed a "buy" rating on shares of Oracle in a research report on Friday, October 10th. Stifel Nicolaus increased their price objective on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. TD Cowen increased their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. Finally, Barclays increased their price objective on shares of Oracle from $367.00 to $400.00 and gave the company an "overweight" rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $323.69.

Oracle Trading Down 0.7%

Shares of ORCL opened at $275.12 on Wednesday. The company has a 50 day simple moving average of $272.62 and a two-hundred day simple moving average of $217.84. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market cap of $784.31 billion, a P/E ratio of 63.69, a price-to-earnings-growth ratio of 2.97 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $15.04 billion. During the same period in the previous year, the firm earned $1.39 earnings per share. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company 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 $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's payout ratio is currently 46.30%.

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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