Insider Selling: Oracle (NYSE:ORCL) Director Sells 11,500 Shares of Stock

Key Points

• Oracle Director William Parrett sold 11,500 shares at an average price of $306.00, resulting in a total transaction value of $3.52 million, which represents a 39.30% decrease in his ownership.
• Oracle's recent earnings report showed an EPS of $1.47, missing estimates by $0.01, with quarterly revenue at $14.93 billion, slightly below the expected $15.04 billion.
• The company declared a $0.50 quarterly dividend payable on October 23rd, with an annualized yield of 0.7% and a payout ratio of 46.30%.

Oracle Corporation (NYSE:ORCL - Get Free Report) Director William Parrett sold 11,500 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Oracle Trading Up 1.5%

ORCL stock traded up $4.66 during midday trading on Tuesday, reaching $306.80. 51,566,229 shares of the company traded hands, compared to its average volume of 24,615,388. The firm has a market capitalization of $871.84 billion, a price-to-earnings ratio of 71.02, a P/E/G ratio of 3.26 and a beta of 1.46. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The business has a 50 day moving average of $247.52 and a 200-day moving average of $192.43. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results 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 during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter last year, the firm posted $1.39 EPS. 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. As a group, sell-side analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders 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 annualized dividend and a dividend yield of 0.7%. Oracle's dividend payout ratio is currently 46.30%.

Institutional Trading of Oracle

A number of institutional investors have recently made changes to their positions in ORCL. Valeo Financial Advisors LLC boosted its stake in Oracle by 5.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 95,299 shares of the enterprise software provider's stock worth $20,835,000 after purchasing an additional 4,512 shares in the last quarter. Milestones Private Investment Advisors LLC acquired a new stake in shares of Oracle during the second quarter worth $744,000. Silicon Valley Capital Partners grew its holdings in shares of Oracle by 7.1% during the second quarter. Silicon Valley Capital Partners now owns 74,129 shares of the enterprise software provider's stock valued at $16,207,000 after buying an additional 4,912 shares during the last quarter. WT Wealth Management acquired a new position in shares of Oracle in the 2nd quarter valued at $262,000. Finally, NWF Advisory Services Inc. raised its stake in Oracle by 6.3% in the 2nd quarter. NWF Advisory Services Inc. now owns 2,596 shares of the enterprise software provider's stock worth $568,000 after acquiring an additional 153 shares during the last quarter. Institutional investors and hedge funds own 42.44% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Mizuho lifted their price target on shares of Oracle from $300.00 to $350.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 10th. Bank of America raised Oracle from a "neutral" rating to a "buy" rating and upped their target price for the company from $295.00 to $368.00 in a research note on Wednesday, September 10th. UBS Group set a $300.00 price target on Oracle in a report on Wednesday, September 10th. Westpark Capital boosted their price objective on Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Finally, JMP Securities increased their target price on Oracle from $315.00 to $342.00 and gave the stock a "market outperform" rating in a research note on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.

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