Wealth Group Ltd. Buys Shares of 1,300 Oracle Corporation $ORCL

Key Points

• Wealth Group Ltd. has acquired a new position in Oracle Corporation, purchasing 1,300 shares valued at approximately $284,000 during the second quarter.
• Insider trading at Oracle shows significant activity, with Clayton M. Magouyrk selling 21,241 shares for over $6.3 million and Rona Alison Fairhead increasing her stake by purchasing shares worth around $112,258.
• Oracle's shares recently traded down by 5.6% as the company reported quarterly earnings that fell slightly below analyst estimates, showing $1.47 EPS against a consensus of $1.48.

Wealth Group Ltd. purchased a new position in Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,300 shares of the enterprise software provider's stock, valued at approximately $284,000.

Other large investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in Oracle during the first quarter valued at approximately $28,000. Iron Horse Wealth Management LLC raised its position in Oracle by 284.9% in the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after acquiring an additional 151 shares during the period. Graybill Wealth Management LTD. bought a new position in Oracle in the first quarter worth approximately $39,000. Finally, Operose Advisors LLC boosted its stake in shares of Oracle by 50.2% during the 1st quarter. Operose Advisors LLC now owns 314 shares of the enterprise software provider's stock worth $44,000 after acquiring an additional 105 shares during the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Activity at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the transaction, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rona Alison Fairhead bought 480 shares of Oracle stock in a transaction dated Monday, July 7th. The stock was purchased at an average cost of $233.87 per share, for a total transaction of $112,257.60. Following the purchase, the director owned 22,110 shares of the company's stock, valued at approximately $5,170,865.70. This trade represents a 2.22% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 112,092 shares of company stock worth $32,960,165 in the last ninety days. Corporate insiders own 42.20% of the company's stock.

Oracle Stock Down 5.6%

Shares of ORCL stock opened at $291.28 on Friday. The company's fifty day simple moving average is $257.43 and its two-hundred day simple moving average is $199.48. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market cap of $827.73 billion, a P/E ratio of 67.43, a PEG ratio of 3.33 and a beta of 1.46. 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 released its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share 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 firm had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the prior year, the business earned $1.39 EPS. The business'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 predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ORCL. TD Cowen raised their target price on Oracle from $325.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, September 10th. Cantor Fitzgerald raised their price objective on Oracle from $271.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. KeyCorp lifted their price objective on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a research report on Thursday, June 12th. Redburn Partners set a $175.00 target price on shares of Oracle in a report on Thursday. Finally, Berenberg Bank lifted their price target on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a report on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $298.06.

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.

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