SteelPeak Wealth LLC Has $1.49 Million Stock Holdings in Oracle Corporation $ORCL

Key Points

• SteelPeak Wealth LLC has decreased its holdings in Oracle Corporation by 36.1%, owning 6,825 shares valued at approximately $1.49 million.
• Recent insider transactions included the sale of 104,314 shares of Oracle stock, valued at over $31 million, indicating a 20.33% decrease in one insider's ownership.
• Oracle reported a quarterly revenue of $14.93 billion, which was below the consensus estimate, while its earnings per share of $1.47 missed expectations by $0.01.

SteelPeak Wealth LLC decreased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 36.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,825 shares of the enterprise software provider's stock after selling 3,851 shares during the period. SteelPeak Wealth LLC's holdings in Oracle were worth $1,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ORCL. Brighton Jones LLC boosted its position in Oracle by 189.3% in the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock valued at $25,593,000 after buying an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Oracle by 8.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock valued at $903,000 after buying an additional 404 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in Oracle by 4.0% in the first quarter. Wedge Capital Management L L P NC now owns 2,871 shares of the enterprise software provider's stock valued at $401,000 after buying an additional 110 shares in the last quarter. NewSquare Capital LLC boosted its position in Oracle by 1,913.5% in the first quarter. NewSquare Capital LLC now owns 2,537 shares of the enterprise software provider's stock valued at $355,000 after buying an additional 2,411 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in Oracle by 9.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 38,341 shares of the enterprise software provider's stock valued at $5,360,000 after buying an additional 3,269 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Activity at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. The trade was a 7.07% 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, insider Michael D. Sicilia sold 33,845 shares of Oracle stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,314 shares of company stock valued at $31,272,223. 40.90% of the stock is currently owned by company insiders.

Oracle Price Performance

Shares of NYSE ORCL opened at $284.46 on Wednesday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The firm has a fifty day simple moving average of $264.10 and a 200 day simple moving average of $207.36. The company has a market capitalization of $810.94 billion, a PE ratio of 65.85, a P/E/G ratio of 3.14 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the prior year, the business earned $1.39 EPS. 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, sell-side analysts forecast that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ORCL. Citigroup restated an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. JMP Securities reaffirmed a "market outperform" rating and set a $342.00 price target on shares of Oracle in a research note on Wednesday, September 24th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Oracle in a research note on Wednesday, June 18th. Rothschild Redb raised shares of Oracle to a "strong sell" rating in a research note on Thursday, September 25th. Finally, Barclays raised their price target on shares of Oracle from $221.00 to $281.00 and gave the company an "overweight" rating in a research note on Monday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $304.71.

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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