Oracle Corporation $ORCL Shares Acquired by United Bank

Key Points

• United Bank increased its stake in Oracle Corporation by 6.8%, now owning 15,038 shares valued at approximately $3.29 million, making it the bank's 23rd largest position.
• Insider Michael D. Sicilia sold 33,845 shares, decreasing his position by over 20%, while Oracle insiders collectively sold about 120,769 shares in the past three months, worth $36.43 million.
• Oracle's recent earnings report showed a slight miss on estimates, with a Q1 EPS of $1.47 compared to expectations of $1.48, alongside a revenue of $14.93 billion versus a projected $15.04 billion.

United Bank raised its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 6.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,038 shares of the enterprise software provider's stock after buying an additional 963 shares during the period. Oracle comprises about 1.3% of United Bank's holdings, making the stock its 23rd largest position. United Bank's holdings in Oracle were worth $3,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in 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 valued at $35,984,000 after buying an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. raised its stake 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 buying an additional 2,110 shares in the last quarter. Private Wealth Asset Management LLC increased its position in shares of Oracle by 9.2% during the second quarter. Private Wealth Asset Management LLC now owns 3,817 shares of the enterprise software provider's stock worth $835,000 after purchasing an additional 321 shares in the last quarter. Cascade Investment Group Inc. acquired a new stake in shares of Oracle during the second quarter worth about $239,000. Finally, Lockerman Financial Group Inc. purchased a new stake in shares of Oracle in the 2nd quarter valued at about $328,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the sale, the insider owned 132,656 shares of the company's stock, valued at $42,603,800.96. The trade was a 20.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the sale, the director directly owned 29,225 shares in the company, valued at $8,443,394.75. This trade represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,769 shares of company stock worth $36,428,967. Corporate insiders own 40.90% of the company's stock.

Oracle Trading Down 6.7%

Shares of ORCL stock opened at $291.95 on Friday. The business's 50 day moving average is $271.71 and its two-hundred day moving average is $215.37. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company 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.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 analysts' expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle'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 posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid 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 payout ratio is 46.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Redburn Partners set a $175.00 price objective on Oracle in a research note on Thursday, September 25th. William Blair reiterated an "outperform" rating on shares of Oracle in a research note on Friday. Morgan Stanley boosted their price objective on Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday, September 23rd. Stifel Nicolaus boosted 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. Finally, DA Davidson boosted their price objective on Oracle from $220.00 to $300.00 and gave the company a "neutral" 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 given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $323.40.

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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