Swedbank AB Purchases 353,744 Shares of Oracle Corporation $ORCL

Key Points

• Swedbank AB increased its stake in Oracle Corporation by 25.5% during the 2nd quarter, holding approximately $380.5 million worth of shares.
• Insider selling included notable transactions where Clayton M. Magouyrk sold 21,241 shares for over $6.3 million, indicating a 21.4% decrease in his share ownership.
• Analysts have set new price targets for Oracle, with estimates ranging from $300 to $375 per share, reflecting a general consensus of a Moderate Buy rating.

Swedbank AB lifted its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 25.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,740,430 shares of the enterprise software provider's stock after buying an additional 353,744 shares during the quarter. Swedbank AB owned about 0.06% of Oracle worth $380,510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Northern Trust Corp boosted its stake in Oracle by 0.6% during the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after acquiring an additional 120,889 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Oracle by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after acquiring an additional 59,164 shares in the last quarter. Amundi boosted its stake in Oracle by 3.3% during the first quarter. Amundi now owns 12,736,855 shares of the enterprise software provider's stock worth $1,749,280,000 after acquiring an additional 409,691 shares in the last quarter. Finally, Polen Capital Management LLC boosted its stake in Oracle by 17.6% during the first quarter. Polen Capital Management LLC now owns 12,609,101 shares of the enterprise software provider's stock worth $1,762,878,000 after acquiring an additional 1,885,370 shares in the last quarter. 42.44% of the stock is owned by institutional investors.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director owned 17,764 shares in the company, valued at $5,435,784. The trade was a 39.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their position. 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. 42.20% of the stock is owned by insiders.

Oracle Price Performance

Shares of ORCL stock traded up $12.56 during trading hours on Friday, reaching $309.18. The stock had a trading volume of 40,475,718 shares, compared to its average volume of 28,056,660. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The firm has a market capitalization of $878.60 billion, a PE ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46. 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 stock's fifty day simple moving average is $251.63 and its 200 day simple moving average is $195.39.

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 the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company's revenue was up 12.2% compared to the same quarter last year. During the same quarter 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. On average, equities research analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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 $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 dividend yield of 0.6%. Oracle's dividend payout ratio is currently 46.30%.

Wall Street Analyst Weigh In

ORCL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $240.00 target price (up from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Sanford C. Bernstein reissued an "outperform" rating on shares of Oracle in a research note on Thursday, September 11th. Stifel Nicolaus increased their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Wolfe Research raised their price objective 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. Finally, Morgan Stanley raised their price objective on shares of Oracle from $175.00 to $246.00 and gave the company an "equal weight" rating in a research note on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and an average price target of $303.44.

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.