Level Wealth Management LLC Takes $824,000 Position in Oracle Corporation $ORCL

Key Points

• Level Wealth Management LLC has purchased 3,768 shares of Oracle Corporation valued at approximately $824,000, making it the firm's 20th largest position.
• Oracle reported earnings of $1.47 per share for the last quarter, missing estimates, with revenue increasing 12.2% year-over-year despite being below expectations.
• The company announced a quarterly dividend of $0.50 per share, resulting in an annual yield of 0.7%.

Level Wealth Management LLC bought a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,768 shares of the enterprise software provider's stock, valued at approximately $824,000. Oracle comprises approximately 0.5% of Level Wealth Management LLC's investment portfolio, making the stock its 20th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC purchased a new stake in Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle during the first quarter worth about $28,000. Iron Horse Wealth Management LLC increased its holdings in 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 during the last quarter. Legend Financial Advisors Inc. purchased a new stake in Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC purchased a new stake in Oracle during the second quarter worth about $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on ORCL. Rothschild & Co Redburn began coverage on shares of Oracle in a report on Thursday, September 25th. They set a "sell" rating and a $175.00 price objective for the company. Redburn Partners set a $175.00 target price on shares of Oracle in a research note on Thursday, September 25th. Berenberg Bank lifted their target price on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research note on Monday, September 15th. Guggenheim lifted their target price on shares of Oracle from $375.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Mizuho lifted their target price on shares of Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $323.40.

Oracle Price Performance

ORCL stock opened at $291.95 on Friday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The firm has a market capitalization of $832.28 billion, a P/E ratio of 67.58, a price-to-earnings-growth ratio of 3.37 and a beta of 1.53. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a 50 day moving average of $271.71 and a 200-day moving average of $215.37.

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 (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts predict 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 will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. 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%.

Insider Buying and Selling at Oracle

In other news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares in the company, valued at approximately $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business's stock in a transaction that occurred on Friday, October 10th. The stock was 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 owned 18,429 shares of the company's stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. 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 over the last quarter. Company 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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