Insider Selling: Oracle (NYSE:ORCL) EVP Sells 19,758 Shares of Stock

Key Points

• The EVP of Oracle, Stuart Levey, sold 19,758 shares at an average price of $300.00, totaling approximately $5.93 million, reducing his ownership by 51.74%.
• Oracle reported a Q1 EPS of $1.47, missing estimates slightly, with revenue of $14.93 billion, which was also below expectations.
• The company announced a quarterly dividend of $0.50, representing a 0.7% yield, with the payment scheduled for October 23rd.

Oracle Corporation (NYSE:ORCL - Get Free Report) EVP Stuart Levey sold 19,758 shares of the business's stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the sale, the executive vice president directly owned 18,429 shares in the company, valued at approximately $5,528,700. This represents a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Oracle Stock Performance

NYSE:ORCL traded down $8.68 during trading hours on Tuesday, hitting $299.33. 17,310,521 shares of the company were exchanged, compared to its average volume of 28,431,590. The stock has a market capitalization of $853.32 billion, a price-to-earnings ratio of 69.29, a PEG ratio of 3.31 and a beta of 1.53. Oracle Corporation has a 52-week low of $118.86 and a 52-week high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The company's 50 day moving average price is $268.67 and its 200-day moving average price is $212.52.

Oracle (NYSE:ORCL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm's revenue was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald boosted their target price on shares of Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research note on Wednesday, September 10th. Stifel Nicolaus boosted their target price on shares of Oracle from $250.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Sanford C. Bernstein boosted 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. JPMorgan Chase & Co. upped their price objective on shares of Oracle from $185.00 to $210.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th. Finally, DA Davidson upped their price objective on shares of Oracle from $220.00 to $300.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Winnow Wealth LLC purchased a new position in Oracle during the second quarter worth about $28,000. Kilter Group LLC purchased a new position in Oracle during the second quarter worth about $30,000. LGT Financial Advisors LLC purchased a new position in Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new stake in shares of Oracle during the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Oracle during the second quarter worth about $38,000. Hedge funds and other institutional investors own 42.44% of the company's stock.

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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