Capital Insight Partners LLC Purchases 1,092 Shares of Oracle Corporation (NYSE:ORCL)

Capital Insight Partners LLC raised its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 2.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,205 shares of the enterprise software provider's stock after buying an additional 1,092 shares during the period. Capital Insight Partners LLC's holdings in Oracle were worth $5,621,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Greenwood Gearhart Inc. increased its stake in Oracle by 1.2% in the fourth quarter. Greenwood Gearhart Inc. now owns 5,731 shares of the enterprise software provider's stock valued at $955,000 after purchasing an additional 66 shares in the last quarter. WorthPointe LLC increased its stake in Oracle by 4.0% in the fourth quarter. WorthPointe LLC now owns 1,734 shares of the enterprise software provider's stock valued at $289,000 after purchasing an additional 67 shares in the last quarter. Stage Harbor Financial LLC increased its stake in Oracle by 5.0% in the fourth quarter. Stage Harbor Financial LLC now owns 1,433 shares of the enterprise software provider's stock valued at $239,000 after purchasing an additional 68 shares in the last quarter. J. L. Bainbridge & Co. Inc. increased its stake in Oracle by 5.5% in the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 1,354 shares of the enterprise software provider's stock valued at $226,000 after purchasing an additional 70 shares in the last quarter. Finally, Prestige Wealth Management Group LLC increased its stake in Oracle by 0.6% in the fourth quarter. Prestige Wealth Management Group LLC now owns 11,288 shares of the enterprise software provider's stock valued at $1,881,000 after purchasing an additional 70 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Oracle

In other news, insider Clayton M. Magouyrk sold 15,000 shares of the firm's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $214.10, for a total transaction of $3,211,500.00. Following the completion of the sale, the insider owned 60,722 shares in the company, valued at approximately $13,000,580.20. This trade represents a 19.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Maria Smith sold 10,000 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total transaction of $2,329,900.00. Following the sale, the executive vice president owned 40,807 shares of the company's stock, valued at approximately $9,507,622.93. This represents a 19.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 445,366 shares of company stock worth $84,784,653 in the last quarter. 42.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ORCL shares. Evercore ISI reaffirmed a "buy" rating on shares of Oracle in a research note on Wednesday, June 18th. UBS Group set a $250.00 price objective on shares of Oracle and gave the stock a "buy" rating in a research report on Wednesday, June 25th. Citigroup reissued an "outperform" rating on shares of Oracle in a research report on Thursday, June 12th. Mizuho lowered their price objective on shares of Oracle from $210.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Finally, Stifel Nicolaus raised shares of Oracle from a "hold" rating to a "buy" rating and increased their price objective for the stock from $180.00 to $250.00 in a research report on Monday, June 30th. Nine analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $209.33.

Oracle Stock Performance

ORCL stock traded down $4.55 during trading hours on Friday, reaching $230.45. The stock had a trading volume of 10,172,356 shares, compared to its average volume of 10,259,055. The stock has a market capitalization of $647.29 billion, a PE ratio of 53.10, a price-to-earnings-growth ratio of 3.51 and a beta of 1.39. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a 50-day simple moving average of $187.16 and a 200 day simple moving average of $166.49. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $241.44.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. The firm had revenue of $15.90 billion during the quarter, compared to analysts' expectations of $15.58 billion. Oracle had a net margin of 21.68% and a return on equity of 87.34%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.63 earnings per share. Analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 10th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, July 10th. Oracle's dividend payout ratio is presently 46.08%.

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.