Generali Asset Management SPA SGR Sells 3,794 Shares of Oracle Corporation $ORCL

Key Points

• Generali Asset Management SPA SGR reduced its stake in Oracle Corporation by 7.3%, selling 3,794 shares, leaving it with 48,260 shares valued at approximately $10.55 million.
• Oracle reported earnings of $1.47 per share, which missed analysts' expectations, with revenues of $14.93 billion, up 12.2% year-over-year.
• The company declared a quarterly dividend of $0.50 per share to be paid on October 23rd, representing an annualized yield of 0.7%.

Generali Asset Management SPA SGR lessened its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 7.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,260 shares of the enterprise software provider's stock after selling 3,794 shares during the quarter. Generali Asset Management SPA SGR's holdings in Oracle were worth $10,551,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Reyes Financial Architecture Inc. grew its position in shares of Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after purchasing an additional 43 shares in the last quarter. Creative Capital Management Investments LLC boosted its stake in Oracle by 5.7% during the second quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider's stock valued at $174,000 after buying an additional 43 shares during the period. MFA Wealth Services boosted its stake in Oracle by 1.0% during the second quarter. MFA Wealth Services now owns 4,563 shares of the enterprise software provider's stock valued at $998,000 after buying an additional 43 shares during the period. Davis Investment Partners LLC grew its position in Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after buying an additional 46 shares in the last quarter. Finally, Acropolis Investment Management LLC raised its holdings in shares of Oracle by 2.6% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock valued at $404,000 after acquiring an additional 47 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Oracle Price Performance

Shares of NYSE:ORCL opened at $299.33 on Wednesday. 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 stock has a market cap of $853.32 billion, a PE ratio of 69.29, a PEG ratio of 3.31 and a beta of 1.53. The company's fifty day moving average is $268.67 and its 200 day moving average is $212.52. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced 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). The company had revenue of $14.93 billion for 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 firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Guggenheim boosted their price objective on Oracle from $250.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Cowen reissued a "buy" rating and issued a $375.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Jefferies Financial Group raised their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. DA Davidson lifted 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. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus target price of $307.00.

Insider Transactions at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The shares were 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 of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,769 shares of company stock valued at $36,428,967. Insiders own 40.90% 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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