Perigon Wealth Management LLC Takes $5.88 Million Position in Oracle Corporation $ORCL

Key Points

• Perigon Wealth Management acquired 40,148 Oracle shares in the second quarter, worth approximately $5.88 million. Hedge funds and institutional investors collectively own 42.44% of Oracle’s stock.
• Oracle reported quarterly revenue of $19.18 billion, up 20.6% year over year, and EPS of $2.11, exceeding analyst expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $263.97.
• Oracle’s cloud and AI expansion is attracting investor interest, but concerns remain over heavy infrastructure spending, potential financing needs, negative free cash flow and execution risks; Vice Chairman Jeffrey Henley also sold $63.7 million of shares under a Rule 10b5-1 plan.

Perigon Wealth Management LLC acquired a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 40,148 shares of the enterprise software provider's stock, valued at approximately $5,884,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ORCL. FSA Wealth Management LLC bought a new stake in Oracle during the third quarter worth about $28,000. Mpwm Advisory Solutions LLC raised its holdings in shares of Oracle by 76.9% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock valued at $32,000 after buying an additional 50 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in Oracle in the 3rd quarter worth approximately $35,000. HFM Investment Advisors LLC boosted its stake in Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider's stock worth $25,000 after buying an additional 96 shares in the last quarter. Finally, Basepoint Wealth LLC purchased a new stake in Oracle in the fourth quarter worth approximately $26,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle’s expanding partnership with Amazon Web Services now supports Oracle AI Database@AWS across 22 regions, strengthening its cloud distribution and enterprise AI positioning. As Oracle Deepens Its Partnership with AWS
• Positive Sentiment: A bullish investment thesis argues that the market continues to value Oracle like a legacy database provider even as it builds hyperscale cloud and AI infrastructure. Strong demand visibility and backlog conversion could support long-term growth. Oracle as a Tier-1 Hyperscaler
• Neutral Sentiment: Unusually large, long-dated call-option activity may indicate institutional investors are positioning for a recovery, although the trades could also represent covered-call strategies rather than outright bullish bets. Unusual Oracle Call Options
• Negative Sentiment: Oracle and other software shares sold off as the AI trade rotated toward favored chip and infrastructure companies, making software stocks less attractive in the near term. Oracle and Software Stocks Drop
• Negative Sentiment: Investor concerns are growing over Oracle’s aggressive AI infrastructure commitments, potential additional debt or equity financing, negative free cash flow, execution timelines and customer concentration. Separate commentary also highlighted heavy AI spending across big technology companies and higher interest-rate risks. Oracle AI Data Center Investment Commentary
• Negative Sentiment: Reported insider activity showed Oracle insiders selling shares without recorded purchases during the past six months, adding a potentially cautious signal for investors.

Insider Activity

In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business's stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the transaction, the insider directly owned 400,000 shares of the company's stock, valued at approximately $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company's stock.

Oracle Price Performance

ORCL stock opened at $146.71 on Tuesday. The firm's 50-day moving average price is $148.60 and its two-hundred day moving average price is $161.26. Oracle Corporation has a 12-month low of $114.50 and a 12-month high of $345.72. The stock has a market capitalization of $422.59 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 0.94 and a beta of 1.72. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating the consensus estimate of $1.96 by $0.15. The firm had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The company's quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.70 earnings per share. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, equities analysts predict that Oracle Corporation will post 6.47 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a $0.50 dividend. The ex-dividend date was Friday, July 10th. This represents a $2.00 annualized dividend and a yield of 1.4%. Oracle's dividend payout ratio (DPR) is 34.31%.

Analyst Ratings Changes

Several research analysts have commented on the stock. KeyCorp reissued an "overweight" rating on shares of Oracle in a research note on Thursday, June 11th. BMO Capital Markets lifted their target price on shares of Oracle from $200.00 to $220.00 and gave the stock an "outperform" rating in a research report on Thursday, June 11th. DA Davidson boosted their price target on shares of Oracle from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Thursday, June 11th. TD Cowen upped their price target on shares of Oracle from $250.00 to $300.00 and gave the company a "buy" rating in a research report on Monday, June 8th. Finally, Barclays raised their price objective on Oracle from $240.00 to $250.00 and gave the company an "overweight" rating in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and a consensus target price of $263.97.

Oracle Company Profile

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle's product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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