Pacific Sun Financial Corp Makes New $307,000 Investment in Oracle Corporation $ORCL

Key Points

• Pacific Sun Financial Corp has invested approximately $307,000 in Oracle Corporation, acquiring 1,403 shares during the 2nd quarter.
• Several institutional investors have increased their stakes in Oracle, with notable increases by Fingerlakes Wealth Management Inc. and IMG Wealth Management Inc., raising their positions by 4.1% and 74.0%, respectively.
• Oracle recently reported earnings of $1.47 per share, missing estimates, and announced a quarterly dividend of $0.50, reflecting a 0.7% yield.

Pacific Sun Financial Corp bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 1,403 shares of the enterprise software provider's stock, valued at approximately $307,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Fingerlakes Wealth Management Inc. raised its position in shares of Oracle by 4.1% in the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 1,666 shares of the enterprise software provider's stock valued at $364,000 after acquiring an additional 66 shares during the period. IMG Wealth Management Inc. increased its stake in Oracle by 74.0% in the second quarter. IMG Wealth Management Inc. now owns 1,599 shares of the enterprise software provider's stock valued at $350,000 after purchasing an additional 680 shares in the last quarter. Advantage Trust Co raised its holdings in Oracle by 42.8% in the second quarter. Advantage Trust Co now owns 1,682 shares of the enterprise software provider's stock worth $368,000 after purchasing an additional 504 shares during the period. Greenup Street Wealth Management LLC boosted its position in shares of Oracle by 0.4% during the second quarter. Greenup Street Wealth Management LLC now owns 20,750 shares of the enterprise software provider's stock worth $4,537,000 after purchasing an additional 74 shares in the last quarter. Finally, Jackson Thornton Wealth Management LLC bought a new position in shares of Oracle during the second quarter worth $281,000. 42.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated 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 completion of the transaction, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This trade represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the business's stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This trade represents a 51.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock worth $36,428,967 in the last three months. Insiders own 40.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ORCL shares. JPMorgan Chase & Co. upped their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Sanford C. Bernstein increased their price target on Oracle from $363.00 to $364.00 and gave the stock an "outperform" rating in a report on Friday, September 26th. Morgan Stanley raised their price target on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 23rd. The Goldman Sachs Group reiterated a "neutral" rating and issued a $320.00 price objective on shares of Oracle in a research report on Monday. Finally, Baird R W raised Oracle to a "strong-buy" rating in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Oracle has an average rating of "Moderate Buy" and a consensus target price of $323.69.

Oracle Trading Down 4.9%

Oracle stock opened at $276.93 on Tuesday. The firm has a 50-day moving average of $272.19 and a 200-day moving average of $217.44. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market cap of $789.47 billion, a price-to-earnings ratio of 64.10, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is presently 46.30%.

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.

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