Oracle Corporation $ORCL Shares Acquired by Accurate Wealth Management LLC

Key Points

• Accurate Wealth Management LLC increased its stake in Oracle Corporation by 14.1%, now holding 10,492 shares valued at approximately $2.5 million.
• Several institutional investors, including Canoe Financial LP, raised their positions in Oracle significantly, with Canoe increasing its stake by 314.8%.
• Oracle's most recent earnings report showed EPS of $1.47, missing estimates by $0.01, while revenue reached $14.93 billion, up 12.2% year-over-year.

Accurate Wealth Management LLC increased its position in Oracle Corporation (NYSE:ORCL - Free Report) by 14.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,492 shares of the enterprise software provider's stock after buying an additional 1,293 shares during the quarter. Accurate Wealth Management LLC's holdings in Oracle were worth $2,466,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after buying an additional 107,404 shares during the period. Lockheed Martin Investment Management Co. grew its position in Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock valued at $7,179,000 after acquiring an additional 2,110 shares in the last quarter. Canoe Financial LP raised its stake in shares of Oracle by 314.8% during the second 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 period. Strs Ohio acquired a new position in shares of Oracle during the first quarter worth $108,572,000. Finally, CBM Financial LLC purchased a new position in shares of Oracle in the first quarter valued at $356,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ORCL shares. CIBC reaffirmed a "buy" rating on shares of Oracle in a research note on Monday, June 9th. Westpark Capital boosted their price target on Oracle from $195.00 to $246.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Barclays increased their price target on Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a report on Monday, September 8th. Roth Capital reaffirmed a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Mizuho increased their target price on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Oracle currently has a consensus rating of "Moderate Buy" and an average target price of $305.75.

Oracle Price Performance

Shares of NYSE ORCL opened at $314.90 on Wednesday. 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 company has a market capitalization of $894.84 billion, a price-to-earnings ratio of 72.89, a price-to-earnings-growth ratio of 3.55 and a beta of 1.46. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The business has a 50 day simple moving average of $255.23 and a 200-day simple moving average of $197.74.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data 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). The business had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts expect that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. Oracle's dividend payout ratio (DPR) is currently 46.30%.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company's 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 transaction, the insider directly owned 78,000 shares of the company's stock, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was 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. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 112,092 shares of company stock valued at $32,960,165 over the last 90 days. 42.20% of the stock is owned by corporate 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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