Sageworth Trust Co Acquires New Shares in Oracle Corporation $ORCL

Key Points

• Sageworth Trust Co has newly acquired 1,200 shares of Oracle Corporation, valued at approximately $262,000, as reported in its Form 13F filing with the SEC.
• Insider Michael D. Sicilia sold over 33,000 shares of Oracle's stock for approximately $10.87 million, which represents a significant decrease in his ownership.
• Oracle's quarterly earnings report indicated $1.47 EPS, missing analyst estimates, while the company also announced a quarterly dividend of $0.50 per share, effective October 23rd.

Sageworth Trust Co acquired a new stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,200 shares of the enterprise software provider's stock, valued at approximately $262,000.

A number of other institutional investors have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC acquired a new stake in Oracle during the first quarter valued at $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle during the first quarter valued at $28,000. Iron Horse Wealth Management LLC boosted its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock valued at $29,000 after purchasing an additional 151 shares during the last quarter. Legend Financial Advisors Inc. bought a new position in Oracle during the second quarter valued at about $34,000. Finally, Graybill Wealth Management LTD. bought a new position in Oracle during the first quarter valued at about $39,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity

In related news, insider Michael D. Sicilia sold 33,845 shares of the business's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider directly owned 132,656 shares in the company, valued at $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the business's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the transaction, the insider 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. Corporate insiders own 42.20% of the company's stock.

Oracle Trading Up 3.0%

Oracle stock opened at $289.68 on Thursday. 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 business's 50-day simple moving average is $260.78 and its 200-day simple moving average is $203.24. The firm has a market capitalization of $825.83 billion, a PE ratio of 67.06, a PEG ratio of 3.03 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities research analysts forecast 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. Investors of record on Thursday, October 9th will be paid 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 payout ratio is currently 46.30%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Loop Capital set a $135.00 target price on Oracle in a report on Tuesday, June 10th. Mizuho raised their target price on Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Melius Research raised their target price on Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Roth Capital restated a "hold" rating on shares of Oracle in a report on Wednesday, June 18th. Finally, Rothschild Redb upgraded Oracle to a "strong sell" rating in a report on Thursday, September 25th. Two 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and a consensus price target of $304.71.

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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