Glass Jacobson Investment Advisors llc Sells 1,707 Shares of Oracle Corporation $ORCL

Key Points

• Glass Jacobson Investment Advisors LLC sold 1,707 shares of Oracle Corporation, reducing its stake by 74.0%, and now holds 600 shares worth $131,000.
• Oracle Corporation recently reported a quarterly earnings per share (EPS) of $1.47, which was $0.01 below analysts' expectations, with year-over-year revenue growth of 12.2%.
• Recent analyst upgrades for Oracle's stock have increased target prices significantly, with Jefferies Financial Group setting a new target of $400.00 and maintaining a "buy" rating.

Glass Jacobson Investment Advisors llc cut its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 74.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 600 shares of the enterprise software provider's stock after selling 1,707 shares during the quarter. Glass Jacobson Investment Advisors llc's holdings in Oracle were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC bought a new position in shares of Oracle during the 2nd quarter valued at $33,000. Legend Financial Advisors Inc. purchased a new stake in Oracle during the second quarter valued at $34,000. HighMark Wealth Management LLC bought a new position in Oracle in the second quarter valued at about $38,000. Moser Wealth Advisors LLC lifted its holdings in Oracle by 1,770.0% in the second quarter. Moser Wealth Advisors LLC now owns 187 shares of the enterprise software provider's stock valued at $41,000 after acquiring an additional 177 shares during the period. Finally, Redmont Wealth Advisors LLC purchased a new position in Oracle in the first quarter worth about $27,000. Institutional investors own 42.44% of the company's stock.

Oracle Price Performance

Shares of Oracle stock opened at $283.45 on Friday. The company has a market capitalization of $808.05 billion, a price-to-earnings ratio of 65.61, a PEG ratio of 3.04 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. The stock's 50-day simple moving average is $274.59 and its 200-day simple moving average is $221.04. 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 posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS 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 business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the prior year, the firm posted $1.39 earnings per share. The firm's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 9th. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Insider Activity at Oracle

In other Oracle news, EVP Maria Smith sold 5,000 shares of the business's stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the sale, the executive vice president owned 47,083 shares in the company, valued at $13,212,431.46. The trade was a 9.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stuart Levey sold 19,758 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 18,429 shares of the company's stock, valued at $5,528,700. This trade represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 170,769 shares of company stock valued at $50,297,667 in the last ninety days. Corporate insiders own 40.90% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on ORCL shares. Jefferies Financial Group upped their target price on shares of Oracle from $360.00 to $400.00 and gave the company a "buy" rating in a report on Friday, October 17th. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. DA Davidson lifted their target price on Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, September 10th. BMO Capital Markets set a $355.00 price target on Oracle and gave the company an "outperform" rating in a report on Monday, October 13th. Finally, Stephens raised their price objective on Oracle from $208.00 to $331.00 and gave the stock an "equal weight" rating in a research note on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $323.69.

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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