PUREfi Wealth LLC Raises Stake in Oracle Corporation $ORCL

Key Points

• PUREfi Wealth LLC increased its stake in Oracle Corporation by 13.3%, now holding 8,008 shares worth approximately $1.75 million.
• Several hedge funds have also significantly increased their holdings in Oracle, with Canoe Financial LP raising its position by 314.8%.
• Oracle's stock has received mixed ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $304.71.

PUREfi Wealth LLC lifted its stake in Oracle Corporation (NYSE:ORCL - Free Report) by 13.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,008 shares of the enterprise software provider's stock after buying an additional 941 shares during the quarter. Oracle makes up about 1.4% of PUREfi Wealth LLC's investment portfolio, making the stock its 12th largest position. PUREfi Wealth LLC's holdings in Oracle were worth $1,751,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Oracle by 71.6% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 257,378 shares of the enterprise software provider's stock worth $35,984,000 after buying an additional 107,404 shares in the last quarter. Lockheed Martin Investment Management Co. lifted its holdings in shares of Oracle by 4.3% in the first quarter. Lockheed Martin Investment Management Co. now owns 51,350 shares of the enterprise software provider's stock worth $7,179,000 after buying an additional 2,110 shares in the last quarter. Lockerman Financial Group Inc. bought a new stake in Oracle in the second quarter worth $328,000. Elser Financial Planning Inc bought a new stake in Oracle in the second quarter worth $1,066,000. Finally, Canoe Financial LP increased its position in Oracle by 314.8% in the second quarter. Canoe Financial LP now owns 484,098 shares of the enterprise software provider's stock worth $105,838,000 after purchasing an additional 367,400 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Redburn Partners set a $175.00 price target on shares of Oracle in a research report on Thursday, September 25th. Piper Sandler boosted their price target on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 10th. Berenberg Bank boosted their price target on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research report on Monday, September 15th. Weiss Ratings restated a "hold (c+)" rating on shares of Oracle in a research report on Saturday, September 27th. Finally, Jefferies Financial Group boosted their price target on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Oracle has a consensus rating of "Moderate Buy" and an average target price of $304.71.

Insider Buying and Selling at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the stock in a transaction dated Friday, September 12th. The shares were 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Naomi O. Seligman sold 3,303 shares of the stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. The trade was a 9.51% 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 in the last 90 days. Insiders own 40.90% of the company's stock.

Oracle Price Performance

Oracle stock opened at $286.23 on Monday. The stock has a market cap of $815.99 billion, a price-to-earnings ratio of 66.26, a price-to-earnings-growth ratio of 3.08 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The firm has a 50-day moving average of $262.53 and a two-hundred day moving average of $205.85.

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

Oracle Announces Dividend

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

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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