TTP Investments Inc. Increases Stake in Oracle Corporation $ORCL

Key Points

• TTP Investments Inc. increased its stake in Oracle Corporation by 417.1% during the 2nd quarter, owning a total of 12,193 shares after purchasing an additional 9,835 shares.
• Several large investors have made significant moves in Oracle, with Nuveen LLC and GAMMA Investing LLC being notable examples, further indicating increased interest in the stock.
• Oracle's quarterly earnings report showed a slight miss on consensus estimates, with earnings per share (EPS) of $1.47 and revenue of $14.93 billion, while the company also announced a $0.50 quarterly dividend.

TTP Investments Inc. boosted its position in Oracle Corporation (NYSE:ORCL - Free Report) by 417.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,193 shares of the enterprise software provider's stock after purchasing an additional 9,835 shares during the period. Oracle comprises approximately 0.9% of TTP Investments Inc.'s holdings, making the stock its 24th largest position. TTP Investments Inc.'s holdings in Oracle were worth $2,666,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fruth Investment Management acquired a new position in shares of Oracle in the second quarter valued at $235,000. Farther Finance Advisors LLC lifted its position in shares of Oracle by 17.0% during the second quarter. Farther Finance Advisors LLC now owns 71,831 shares of the enterprise software provider's stock worth $15,704,000 after acquiring an additional 10,425 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in Oracle by 86.1% in the 2nd quarter. Silver Oak Securities Incorporated now owns 11,932 shares of the enterprise software provider's stock worth $2,609,000 after acquiring an additional 5,520 shares during the last quarter. CX Institutional raised its holdings in Oracle by 4.6% in the second quarter. CX Institutional now owns 16,862 shares of the enterprise software provider's stock worth $3,687,000 after buying an additional 748 shares during the last quarter. Finally, Weatherly Asset Management L. P. increased its stake in shares of Oracle by 0.4% in the second quarter. Weatherly Asset Management L. P. now owns 11,406 shares of the enterprise software provider's stock worth $2,494,000 after purchasing an additional 51 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Oracle

In other news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated 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 owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the transaction, the director owned 31,447 shares of the company's stock, valued at $7,337,214.04. The trade was a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 78,247 shares of company stock valued at $22,090,505 in the last quarter. Insiders own 42.20% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ORCL. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Evercore ISI increased their price objective on Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Morgan Stanley boosted their target price on Oracle from $175.00 to $246.00 and gave the company an "equal weight" rating in a report on Monday, September 8th. Scotiabank reissued an "outperform" rating on shares of Oracle in a research note on Wednesday, September 10th. Finally, Melius Research increased their price objective on shares of Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Oracle currently has a consensus rating of "Moderate Buy" and an average price target of $303.44.

Oracle Trading Up 4.2%

Shares of ORCL traded up $12.56 during trading hours on Friday, hitting $309.18. 40,475,718 shares of the stock traded hands, compared to its average volume of 29,628,284. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. The firm has a market capitalization of $878.60 billion, a PE ratio of 71.57, a price-to-earnings-growth ratio of 3.34 and a beta of 1.46. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The business has a fifty day moving average of $251.63 and a 200-day moving average of $195.70.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the previous year, the firm posted $1.39 earnings per share. Oracle's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle's dividend payout ratio is 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.