TrueMark Investments LLC Has $4.87 Million Stock Position in Oracle Corporation $ORCL

Key Points

• TrueMark Investments LLC increased its stake in Oracle Corporation by 10.9%, owning a total of 22,288 shares valued at approximately $4.87 million.
• Oracle's quarterly earnings report showed an EPS of $1.47, slightly missing analysts' expectations, with revenues of $14.93 billion, up 12.2% year-over-year.
• The company announced a quarterly dividend of $0.50 per share, scheduled for payment on October 23rd, reflecting an annualized yield of 0.7%.

TrueMark Investments LLC raised its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 10.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,288 shares of the enterprise software provider's stock after purchasing an additional 2,197 shares during the quarter. TrueMark Investments LLC's holdings in Oracle were worth $4,873,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Oracle in the second quarter valued at approximately $34,128,000. Woodard & Co. Asset Management Group Inc. ADV raised its stake in shares of Oracle by 37.5% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 13,074 shares of the enterprise software provider's stock valued at $2,858,000 after acquiring an additional 3,569 shares during the last quarter. United Bank raised its stake in shares of Oracle by 6.8% in the second quarter. United Bank now owns 15,038 shares of the enterprise software provider's stock valued at $3,288,000 after acquiring an additional 963 shares during the last quarter. Level Wealth Management LLC bought a new position in shares of Oracle in the second quarter valued at approximately $824,000. Finally, Arnhold LLC bought a new position in shares of Oracle in the second quarter valued at approximately $219,000. Institutional investors own 42.44% of the company's stock.

Oracle Stock Performance

ORCL stock opened at $291.95 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market cap of $832.28 billion, a P/E ratio of 67.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.53. The business's fifty day moving average is $271.71 and its 200-day moving average is $215.85.

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

Oracle Dividend Announcement

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

Insider Buying and Selling at Oracle

In related news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the completion of the sale, the director directly owned 17,764 shares of the company's stock, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 over the last quarter. 40.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ORCL. Sanford C. Bernstein lifted their target price on shares of Oracle from $363.00 to $364.00 and gave the company an "outperform" rating in a research note on Friday, September 26th. Barclays lifted their target price on shares of Oracle from $367.00 to $400.00 and gave the company an "overweight" rating in a research note on Friday. Citigroup reiterated a "buy" rating on shares of Oracle in a research note on Friday, October 10th. Morgan Stanley boosted their price objective on shares of Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 23rd. Finally, Bank of America upgraded shares of Oracle from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $295.00 to $368.00 in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $323.40.

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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