Spartan Wealth Advisory Services LLC Purchases New Shares in Oracle Corporation $ORCL

Key Points

• Spartan Wealth Advisory Services opened a new position in Oracle during the first quarter, buying 23,364 shares valued at about $3.44 million.
• Oracle reported strong quarterly results, with EPS of $2.11 beating estimates and revenue of $19.18 billion, up 20.6% year over year. The company also issued upbeat guidance for fiscal 2027.
• Oracle declared a quarterly dividend of $0.50 per share, payable July 24, and Wall Street analysts remain generally positive, with an average rating of Moderate Buy and an average price target of $268.27.

Spartan Wealth Advisory Services LLC acquired a new stake in Oracle Corporation (NYSE:ORCL - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 23,364 shares of the enterprise software provider's stock, valued at approximately $3,437,000.

Other large investors have also modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in shares of Oracle during the 3rd quarter valued at about $28,000. Mpwm Advisory Solutions LLC raised its holdings in Oracle by 76.9% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock worth $32,000 after purchasing an additional 50 shares during the period. Turning Point Benefit Group Inc. purchased a new position in Oracle during the third quarter worth approximately $35,000. HFM Investment Advisors LLC boosted its position in Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider's stock worth $25,000 after purchasing an additional 96 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new stake in Oracle in the fourth quarter valued at approximately $26,000. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the transaction, the insider directly owned 400,000 shares of the company's stock, valued at $63,664,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company's stock.

Oracle Trading Up 1.8%

Shares of ORCL opened at $126.48 on Friday. Oracle Corporation has a 52-week low of $121.50 and a 52-week high of $345.72. The stock has a market cap of $364.32 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 0.79 and a beta of 1.72. The firm's fifty day moving average is $177.30 and its two-hundred day moving average is $169.46. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21.

Oracle (NYSE:ORCL - Get Free Report) last issued its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.15. The business had revenue of $19.18 billion during the quarter, compared to analysts' expectations 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 business earned $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. Research analysts forecast that Oracle Corporation will post 6.47 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a $0.50 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. Oracle's dividend payout ratio is presently 34.31%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ORCL. Stephens reissued an "equal weight" rating and issued a $164.00 price target on shares of Oracle in a report on Thursday, June 11th. Piper Sandler boosted their target price on shares of Oracle from $210.00 to $225.00 and gave the stock an "overweight" rating in a research note on Thursday, June 11th. Barclays upped their price target on shares of Oracle from $240.00 to $250.00 and gave the stock an "overweight" rating in a research report on Thursday, June 11th. Oppenheimer raised their price target on shares of Oracle from $235.00 to $275.00 and gave the company an "outperform" rating in a research note on Monday, June 8th. Finally, BMO Capital Markets lifted their price objective on Oracle from $200.00 to $220.00 and gave the stock an "outperform" rating in a report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Oracle has an average rating of "Moderate Buy" and an average price target of $268.27.

Oracle News Summary

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Some analysts remain bullish, arguing Oracle’s huge cloud backlog could eventually translate into much stronger revenue and that the stock may be oversold after its steep decline. Oracle Stock Crash Erases $213 Billion from Billionaire Founder Larry Ellison’s Net Worth
• Positive Sentiment: Oracle’s database and multicloud AI businesses continue to show strong growth momentum, suggesting the long-term AI demand story is still intact. Can Oracle's Database Business Sustain Long-Term Margins?
• Neutral Sentiment: Commentary from Jim Cramer and other market writers added to the volatility, with some calling Oracle a cautionary tale while others argued the selloff may be overdone. Jim Cramer Says Oracle Is “Going Down” and Avoid Every Liquor Stock. Here’s What He’d Buy Instead
• Negative Sentiment: New Mexico blocked the pipeline for Oracle’s 2.5 GW data-center project, increasing the chance of delays and adding uncertainty to its AI infrastructure expansion. New Mexico Blocks Pipeline for Oracle’s (ORCL) 2.5 GW Data Center Project
• Negative Sentiment: Investors are worried Oracle’s AI spending spree is being financed with too much debt, pushing the company’s credit profile close to junk territory. Oracle’s (ORCL) AI Spending Spree Pushes Its Credit Rating Near Junk
• Negative Sentiment: Oracle’s stock has also been hit by broader articles emphasizing that the company is falling fast as markets question whether the AI growth story can justify the spending and financing risks. Oracle Stock Slides To 52-Week Low Amid AI Spending Fears

About Oracle

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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