Wealth Management Partners LLC Buys Shares of 1,347 Oracle Corporation $ORCL

Key Points

• Wealth Management Partners LLC acquired a new position in Oracle Corporation, purchasing 1,347 shares valued at approximately $313,000 in the second quarter.
• Institutional investors currently hold 42.44% of Oracle's stock, with several firms increasing their positions during the same period.
• Oracle's most recent earnings report showed a net margin of 21.08% and revenue of $14.93 billion, marking a 12.2% year-over-year increase despite missing earnings estimates.

Wealth Management Partners LLC bought a new position in shares of Oracle Corporation (NYSE:ORCL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,347 shares of the enterprise software provider's stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Reyes Financial Architecture Inc. grew its holdings in shares of Oracle by 7.2% in the second quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock worth $141,000 after purchasing an additional 43 shares during the last quarter. Davis Investment Partners LLC grew its holdings in shares of 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 during the last quarter. Sunpointe LLC grew its holdings in shares of 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 during the last quarter. American Financial Advisors LLC grew its holdings in shares of 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 during the last quarter. Finally, Weatherly Asset Management L. P. grew its holdings 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 during the last quarter. Institutional investors own 42.44% of the company's stock.

Insider Activity

In other Oracle news, Director Naomi O. Seligman sold 3,303 shares of the firm's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the transaction, the director owned 31,447 shares in the company, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider owned 78,000 shares in the company, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 78,247 shares of company stock worth $22,090,505. Insiders own 42.20% of the company's stock.

Oracle Price Performance

Shares of NYSE:ORCL traded up $12.56 during midday trading on Friday, reaching $309.18. 40,475,718 shares of the company's 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 company has a market cap of $878.60 billion, a P/E ratio of 71.57, a PEG ratio of 3.34 and a beta of 1.46. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a fifty day simple moving average of $251.63 and a two-hundred day simple moving average of $195.70.

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 (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the business earned $1.39 EPS. The company'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. Equities analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm 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 is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. Oracle's dividend payout ratio (DPR) is 46.30%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Roth Capital reaffirmed a "hold" rating on shares of Oracle in a research note on Wednesday, June 18th. Berenberg Bank upped their price objective on shares of Oracle from $202.00 to $306.00 and gave the stock a "hold" rating in a research note on Monday, September 15th. Melius Research upped their price objective on shares of Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Piper Sandler upped their price objective on shares of Oracle from $270.00 to $330.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 10th. Finally, JMP Securities upped their price objective on shares of Oracle from $315.00 to $342.00 and gave the stock a "market outperform" 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 issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $303.44.

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.