Tower View Wealth Management LLC Takes $196,000 Position in Oracle Corporation $ORCL

Key Points

• Tower View Wealth Management LLC has acquired a new stake in Oracle Corporation, purchasing 896 shares valued at approximately $196,000.
• Insiders of Oracle have sold substantial amounts of stock recently, including 104,314 shares valued at $31.27 million in the last quarter, indicating notable insider activity.
• Oracle reported earnings of $1.47 EPS for the last quarter, which missed estimates by $0.01, while revenue increased by 12.2% year-over-year.

Tower View Wealth Management LLC 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 disclosure with the Securities & Exchange Commission. The institutional investor acquired 896 shares of the enterprise software provider's stock, valued at approximately $196,000.

A number of other large investors have also made changes to their positions in the stock. Reyes Financial Architecture Inc. raised its position in shares of Oracle by 7.2% during the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after buying an additional 43 shares during the last quarter. Davis Investment Partners LLC raised its position in Oracle by 0.7% in the second quarter. Davis Investment Partners LLC now owns 6,930 shares of the enterprise software provider's stock worth $1,517,000 after purchasing an additional 46 shares in the last quarter. Acropolis Investment Management LLC raised its position in Oracle by 2.6% in the second quarter. Acropolis Investment Management LLC now owns 1,850 shares of the enterprise software provider's stock worth $404,000 after purchasing an additional 47 shares in the last quarter. Sunpointe LLC raised its position in Oracle by 0.9% in the second quarter. Sunpointe LLC now owns 5,563 shares of the enterprise software provider's stock worth $1,216,000 after purchasing an additional 48 shares in the last quarter. Finally, American Financial Advisors LLC raised its position in Oracle by 2.3% in the second quarter. American Financial Advisors LLC now owns 2,234 shares of the enterprise software provider's stock worth $488,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Transactions at Oracle

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director directly owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael D. Sicilia sold 33,845 shares of the firm's stock in a transaction that occurred 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 transaction, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,314 shares of company stock valued at $31,272,223. 42.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on ORCL. Rothschild Redb raised shares of Oracle to a "strong sell" rating in a research report on Thursday, September 25th. Raymond James Financial reissued a "strong-buy" rating on shares of Oracle in a research report on Wednesday, June 18th. Stifel Nicolaus increased their price target on shares of Oracle from $250.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Roth Capital reissued a "hold" rating on shares of Oracle in a research report on Wednesday, June 18th. Finally, Evercore ISI increased their price target on shares of Oracle from $270.00 to $340.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 10th. Two equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, Oracle currently has an average rating of "Moderate Buy" and an average target price of $304.71.

Oracle Price Performance

ORCL opened at $289.18 on Friday. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company's 50 day simple moving average is $261.71 and its 200-day simple moving average is $204.17. The stock has a market capitalization of $824.39 billion, a P/E ratio of 66.94, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 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 for the quarter, compared to the consensus estimate of $15.04 billion. During the same period last year, the company earned $1.39 earnings per share. Oracle's revenue for the quarter was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle's dividend payout ratio (DPR) is presently 46.30%.

About Oracle

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.

Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.