Oracle Corporation $ORCL Shares Sold by J.Safra Asset Management Corp

Key Points

• J.Safra Asset Management Corp reduced its stake in Oracle Corporation (NYSE:ORCL) by 26.6%, selling 1,648 shares during the second quarter, bringing its total holdings to 4,549 shares valued at approximately $956,000.
• Oracle's recent earnings report showed a slight miss with $1.47 earnings per share against an expectation of $1.48, although revenue increased 12.2% year-over-year.
• The company declared a $0.50 quarterly dividend to be paid on October 23rd, yielding 0.6% annually, with a payout ratio of 46.30%.

J.Safra Asset Management Corp lessened its holdings in Oracle Corporation (NYSE:ORCL - Free Report) by 26.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,549 shares of the enterprise software provider's stock after selling 1,648 shares during the period. J.Safra Asset Management Corp's holdings in Oracle were worth $956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ORCL. Nuveen LLC purchased a new position in shares of Oracle in the 1st quarter valued at about $732,692,000. Vanguard Group Inc. increased its stake in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in Oracle during the 2nd quarter worth approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Oracle by 79.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider's stock worth $648,572,000 after buying an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Oracle by 840.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider's stock worth $463,380,000 after buying an additional 1,894,157 shares in the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ORCL. Jefferies Financial Group boosted their price objective on Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. UBS Group set a $364.00 price target on Oracle in a research report on Friday, September 26th. The Goldman Sachs Group upped their price target on Oracle from $195.00 to $310.00 and gave the company a "neutral" rating in a research report on Monday, September 15th. Rothschild Redb upgraded Oracle to a "strong sell" rating in a research report on Thursday, September 25th. Finally, Sanford C. Bernstein upped their price target on Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research report on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $307.00.

Oracle Trading Up 5.2%

Shares of Oracle stock opened at $308.14 on Tuesday. The firm has a market capitalization of $878.43 billion, a price-to-earnings ratio of 71.33, a PEG ratio of 3.15 and a beta of 1.53. 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 stock has a 50 day moving average of $267.80 and a 200 day moving average of $211.91.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. The company's revenue was up 12.2% on a year-over-year basis. 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 Dividend Announcement

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

Insider Transactions at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the transaction, the insider directly owned 78,000 shares in the company, valued at $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction 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 transaction, the director owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock valued at $31,272,223 over the last three months. 40.90% of the stock is currently owned by company insiders.

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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