Optima Capital LLC Boosts Stake in Oracle Corporation $ORCL

Key Points

• Optima Capital LLC increased its stake in Oracle Corporation by 89.0%, now holding 9,587 shares valued at approximately $2,096,000, making Oracle its 27th largest position.
• Various hedge funds have significantly adjusted their positions in Oracle, with Harel Insurance Investments & Financial Services raising its stake by 71.6% and Canoe Financial LP increasing it by 314.8% in the last quarters.
• Oracle reported quarterly earnings of $1.47 per share, slightly missing estimates, alongside revenue of $14.93 billion; analysts set a consensus price target of $303.44 for the stock.

Optima Capital LLC increased its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 89.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,587 shares of the enterprise software provider's stock after purchasing an additional 4,515 shares during the quarter. Oracle makes up 1.1% of Optima Capital LLC's holdings, making the stock its 27th largest position. Optima Capital LLC's holdings in Oracle were worth $2,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in ORCL. Harel Insurance Investments & Financial Services Ltd. lifted its position in Oracle by 71.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock valued at $35,984,000 after acquiring an additional 107,404 shares during the last quarter. Lockheed Martin Investment Management Co. lifted its holdings in shares of Oracle by 4.3% during the 1st quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock valued at $7,179,000 after purchasing an additional 2,110 shares during the last quarter. Canoe Financial LP lifted its holdings in shares of Oracle by 314.8% during the 2nd quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock valued at $105,838,000 after purchasing an additional 367,400 shares during the last quarter. Strs Ohio purchased a new stake in shares of Oracle during the 1st quarter valued at $108,572,000. Finally, CBM Financial LLC purchased a new stake in shares of Oracle during the 1st quarter valued at $356,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Scotiabank reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Jefferies Financial Group increased 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. Berenberg Bank raised their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a report on Monday, September 15th. Finally, The Goldman Sachs Group raised their price target on shares of Oracle from $195.00 to $310.00 and gave the stock a "neutral" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $303.44.

Oracle Price Performance

Shares of Oracle stock opened at $329.10 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The business has a 50-day moving average price of $253.63 and a 200 day moving average price of $196.92. The firm has a market cap of $935.21 billion, a PE ratio of 76.18, a P/E/G ratio of 3.34 and a beta of 1.46.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. Oracle'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. Sell-side analysts predict that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's payout ratio is 46.30%.

Insider Buying and Selling

In other news, Director William G. Parrett sold 11,500 shares of the business's stock in a transaction dated 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. The trade was a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $6,310,913.51. Following the sale, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,247 shares of company stock worth $22,090,505 in the last 90 days. 42.20% of the stock is owned by insiders.

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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