Mills Wealth Advisors LLC Makes New Investment in Oracle Corporation $ORCL

Key Points

• Mills Wealth Advisors LLC has acquired a new stake in Oracle Corporation, purchasing 1,335 shares valued at approximately $292,000 during the second quarter.
• Recent insider activity shows that director William G. Parrett sold 11,500 shares worth over $3.5 million, indicating a significant decrease in ownership by 39.30%.
• Oracle has recently declared a quarterly dividend of $0.50 per share, with a dividend yield of 0.7%, set to be paid on October 23rd to investors of record on October 9th.

Mills Wealth Advisors LLC acquired a new stake in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,335 shares of the enterprise software provider's stock, valued at approximately $292,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle in the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC lifted its stake 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 purchasing an additional 151 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Oracle in the second quarter valued at approximately $34,000. Finally, HighMark Wealth Management LLC purchased a new position in Oracle in the second quarter valued at approximately $38,000. 42.44% of the stock is owned by institutional investors.

Insider Activity at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the firm'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 transaction of $3,519,000.00. Following the completion of the sale, the director owned 17,764 shares of the company's stock, valued at $5,435,784. This trade represents 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 available at the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 over the last ninety days. Corporate insiders own 40.90% of the company's stock.

Oracle Stock Performance

Oracle stock opened at $276.93 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a 50-day moving average of $272.19 and a 200-day moving average of $217.44. The firm has a market cap of $789.47 billion, a P/E ratio of 64.10, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued 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 company had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the business earned $1.39 earnings per share. The business'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. Sell-side analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on ORCL shares. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Cowen restated a "buy" rating on shares of Oracle in a research report on Friday. Rothschild & Co Redburn initiated coverage on Oracle in a research report on Thursday, September 25th. They set a "sell" rating and a $175.00 target price on the stock. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $310.00 price target on shares of Oracle in a report on Friday. Finally, Scotiabank increased their target price on Oracle from $350.00 to $360.00 and gave the company an "outperform" rating in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and a consensus target price of $323.69.

Oracle 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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