Professional Advisory Services Inc. Buys 114,845 Shares of Oracle Corporation $ORCL

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. boosted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 1,969.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,675 shares of the enterprise software provider's stock after buying an additional 114,845 shares during the period. Oracle makes up about 3.6% of Professional Advisory Services Inc.'s holdings, making the stock its 7th biggest position. Professional Advisory Services Inc.'s holdings in Oracle were worth $26,383,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. lifted its holdings in Oracle by 7.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after purchasing an additional 43 shares in the last quarter. Davis Investment Partners LLC lifted its holdings in shares of Oracle by 0.7% during the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after buying an additional 46 shares during the last quarter. Sunpointe LLC grew its holdings in shares of Oracle by 0.9% during the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock worth $1,216,000 after purchasing an additional 48 shares during the last quarter. American Financial Advisors LLC lifted its stake in Oracle by 2.3% in the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock valued at $488,000 after buying an additional 50 shares during the period. Finally, GSG Advisors LLC raised its position in Oracle by 2.2% in the 2nd quarter. GSG Advisors LLC now owns 2,427 shares of the enterprise software provider's stock valued at $531,000 after buying an additional 52 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insiders Place Their Bets

In other news, insider Michael D. Sicilia sold 16,323 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total value of $5,118,892.80. Following the transaction, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. This represents a 12.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,247 shares of company stock worth $22,090,505. Company insiders own 42.20% of the company's stock.

Oracle Stock Performance

Shares of ORCL stock traded up $12.56 during trading hours on Friday, reaching $309.18. 40,475,718 shares of the company's stock were exchanged, compared to its average volume of 29,628,284. The company's 50 day moving average is $251.63 and its two-hundred day moving average is $195.39. The company has a market cap of $878.60 billion, a P/E ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts anticipate that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given 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 0.6%. Oracle's payout ratio is presently 46.30%.

Analyst Upgrades and Downgrades

ORCL has been the subject of several recent research reports. TD Cowen increased their price target on Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $240.00 price target (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Raymond James Financial restated a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. KeyCorp boosted their price objective on shares of Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a report on Thursday, June 12th. Finally, Wolfe Research raised their target price on shares of Oracle from $300.00 to $400.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $303.44.

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.