Oracle Corporation $ORCL Shares Sold by Kathmere Capital Management LLC

Key Points

• Kathmere Capital Management LLC reduced its holdings in Oracle Corporation by 24.9%, resulting in ownership of 8,762 shares valued at approximately $1.92 million.
• Insider sales at Oracle included Michael D. Sicilia selling 33,845 shares for over $10.8 million and William G. Parrett selling 11,500 shares valued at approximately $3.5 million.
• Oracle recently announced a quarterly dividend of $0.50, with a record date of October 9th, representing an annual yield of 0.7%.

Kathmere Capital Management LLC lowered its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 24.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,762 shares of the enterprise software provider's stock after selling 2,911 shares during the quarter. Kathmere Capital Management LLC's holdings in Oracle were worth $1,916,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ORCL. Brighton Jones LLC grew its position in shares of Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock valued at $25,593,000 after purchasing an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock valued at $903,000 after purchasing an additional 404 shares in the last quarter. Mascagni Wealth Management Inc. purchased a new position in Oracle in the fourth quarter worth approximately $77,000. Wellington Management Group LLP grew its position in Oracle by 200.4% in the fourth quarter. Wellington Management Group LLP now owns 172,483 shares of the enterprise software provider's stock worth $28,743,000 after acquiring an additional 115,059 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its position in Oracle by 11.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 17,006 shares of the enterprise software provider's stock worth $2,378,000 after acquiring an additional 1,687 shares during the period. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the firm's stock in a transaction on 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 112,092 shares of company stock valued at $32,960,165. 42.20% of the stock is owned by company insiders.

Oracle Stock Down 2.8%

Shares of NYSE ORCL opened at $283.29 on Friday. The stock has a market cap of $805.03 billion, a P/E ratio of 65.58, a PEG ratio of 3.13 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. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The business's fifty day simple moving average is $258.19 and its 200-day simple moving average is $200.44.

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 (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). The company 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 firm's revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's dividend payout ratio (DPR) is presently 46.30%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ORCL shares. Cantor Fitzgerald increased their price objective on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. BMO Capital Markets set a $345.00 price objective on Oracle in a research report on Wednesday, September 10th. William Blair reiterated an "outperform" rating on shares of Oracle in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $240.00 price objective (up from $200.00) on shares of Oracle in a research report on Thursday, June 12th. Finally, KeyCorp increased their price objective on Oracle from $200.00 to $225.00 and gave the stock an "overweight" rating in a research report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $304.71.

Oracle Company 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.

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