Oracle Corporation $ORCL Shares Sold by Farmers Trust Co.

Key Points

• Farmers Trust Co. decreased its holdings in Oracle Corporation by 37.0% in the second quarter, now owning around 14,967 shares worth approximately $3.27 million.
• Insider sales were significant, with Michael D. Sicilia and Clayton M. Magouyrk selling 16,323 and 21,241 shares respectively, indicating a decrease in their ownership.
• Oracle's quarterly earnings missed estimates slightly with an EPS of $1.47 against a consensus of $1.48, while the company announced a $0.50 quarterly dividend.

Farmers Trust Co. decreased its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 37.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 14,967 shares of the enterprise software provider's stock after selling 8,797 shares during the period. Farmers Trust Co.'s holdings in Oracle were worth $3,272,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Reyes Financial Architecture Inc. lifted its stake in shares of Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock worth $141,000 after buying an additional 43 shares during the period. Davis Investment Partners LLC raised its stake in Oracle by 0.7% in the 2nd quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after acquiring an additional 46 shares during the last quarter. Acropolis Investment Management LLC lifted its position in Oracle by 2.6% during the 2nd quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock worth $404,000 after acquiring an additional 47 shares during the period. Sunpointe LLC grew its stake in Oracle by 0.9% during the 2nd quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock valued at $1,216,000 after purchasing an additional 48 shares during the last quarter. Finally, American Financial Advisors LLC increased its holdings in shares of 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 purchasing an additional 50 shares during the period. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the sale, the insider owned 110,094 shares of the company's stock, valued at $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 78,247 shares of company stock worth $22,090,505. Insiders own 42.20% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on ORCL. Guggenheim upped their target price on Oracle from $250.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, September 10th. JMP Securities upped their price objective on shares of Oracle from $315.00 to $342.00 and gave the company a "market outperform" rating in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $240.00 price objective (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Bank of America raised shares of Oracle from a "neutral" rating to a "buy" rating and upped their price target for the company from $295.00 to $368.00 in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group boosted their price objective on Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $303.44.

Oracle Trading Up 6.6%

Shares of Oracle stock opened at $329.10 on Tuesday. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two 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. The firm has a market capitalization of $935.21 billion, a price-to-earnings ratio of 76.18, a PEG ratio of 3.34 and a beta of 1.46. The stock has a 50 day moving average of $253.63 and a 200 day moving average of $196.92.

Oracle (NYSE:ORCL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate 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 net margin of 21.08% and a return on equity of 72.93%. The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts predict that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. The ex-dividend date 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 (DPR) is currently 46.30%.

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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