Oracle Corporation $ORCL Shares Purchased by Professional Advisory Services Inc.

Key Points

• Professional Advisory Services Inc. significantly increased its stake in Oracle Corporation by 1,969.9%, now holding 120,675 shares valued at approximately $26.38 million.
• Oracle reported a quarterly earnings miss with $1.47 EPS against an expectation of $1.48, while quarterly revenue was $14.93 billion, falling short of the estimated $15.04 billion.
• The company declared a quarterly dividend of $0.50 per share, to be paid on October 23, reflecting an annualized yield of 0.6% and a payout ratio of 46.3%.

Professional Advisory Services Inc. raised its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 1,969.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,675 shares of the enterprise software provider's stock after purchasing an additional 114,845 shares during the quarter. Oracle accounts for approximately 3.6% of Professional Advisory Services Inc.'s investment portfolio, making the stock its 7th largest holding. Professional Advisory Services Inc.'s holdings in Oracle were worth $26,383,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Sunbeam Capital Management LLC bought a new stake in shares of Oracle in the fourth quarter valued at about $30,000. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the first quarter valued at about $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the first quarter worth about $28,000. Iron Horse Wealth Management LLC raised its holdings 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 worth $29,000 after purchasing an additional 151 shares in the last quarter. Finally, Fourth Dimension Wealth LLC bought a new position in Oracle in the fourth quarter worth about $36,000. 42.44% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company'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 sale, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Rona Alison Fairhead bought 480 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were acquired at an average price of $233.87 per share, for a total transaction of $112,257.60. Following the transaction, the director directly owned 22,110 shares in the company, valued at approximately $5,170,865.70. This represents a 2.22% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 78,247 shares of company stock worth $22,090,505. Corporate insiders own 42.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. CIBC reiterated a "buy" rating on shares of Oracle in a report on Monday, June 9th. Barclays boosted their price target on Oracle from $221.00 to $281.00 and gave the stock an "overweight" rating in a research note on Monday, September 8th. Melius Research boosted their price target on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Berenberg Bank boosted their price target on Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research note on Monday, September 15th. Finally, Wolfe Research boosted their price target on Oracle from $300.00 to $400.00 and gave the stock 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 assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $305.75.

Oracle Stock Performance

NYSE ORCL traded down $13.30 during trading hours on Tuesday, reaching $314.86. The stock had a trading volume of 20,166,576 shares, compared to its average volume of 14,198,986. The stock has a fifty day moving average of $253.63 and a 200 day moving average of $196.92. The stock has a market cap of $894.73 billion, a P/E ratio of 72.81, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results 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 firm 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. 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 year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio is currently 46.30%.

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.