Insider Selling: Oracle (NYSE:ORCL) Insider Sells 33,845 Shares of Stock

Key Points

• Oracle insider Michael Sicilia sold 33,845 shares of stock for approximately $10.87 million, decreasing his position by 20.33% and retaining 132,656 shares worth about $42.6 million.
• Oracle reported Q1 earnings of $1.47 EPS, missing the estimate of $1.48, on revenue of $14.93 billion, which was below the consensus estimate as well.
• The company declared a quarterly dividend of $0.50 per share, with an annualized yield of 0.6%, set to be paid on October 23rd to shareholders of record by October 9th.

Oracle Corporation (NYSE:ORCL - Get Free Report) insider Michael Sicilia sold 33,845 shares of the company's stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Oracle Stock Down 4.0%

Shares of NYSE ORCL traded down $13.26 during trading on Tuesday, hitting $314.90. The stock had a trading volume of 35,084,544 shares, compared to its average volume of 31,534,730. Oracle Corporation has a 12 month low of $118.86 and a 12 month 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 has a market capitalization of $894.84 billion, a PE ratio of 72.89, a PEG ratio of 3.55 and a beta of 1.46. The firm has a fifty day moving average of $255.23 and a two-hundred day moving average of $197.74.

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). The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business's revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 yield of 0.6%. Oracle's dividend payout ratio is 46.30%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Oracle by 2.1% in the second quarter. Vanguard Group Inc. now owns 164,278,874 shares of the enterprise software provider's stock worth $35,916,290,000 after purchasing an additional 3,353,461 shares during the last quarter. State Street Corp grew its holdings in shares of Oracle by 1.7% in the second quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider's stock worth $16,060,427,000 after purchasing an additional 1,252,723 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Oracle by 0.6% in the first quarter. Northern Trust Corp now owns 19,741,423 shares of the enterprise software provider's stock worth $2,760,048,000 after purchasing an additional 120,889 shares during the last quarter. Norges Bank purchased a new stake in Oracle in the second quarter worth $4,275,378,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Oracle by 0.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,884,524 shares of the enterprise software provider's stock worth $1,941,195,000 after acquiring an additional 59,164 shares during the period. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ORCL has been the topic of several recent research reports. TD Cowen upped their price objective on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Mizuho upped their price objective on shares of Oracle from $300.00 to $350.00 and gave the company an "outperform" rating in a report on Wednesday, September 10th. Jefferies Financial Group upped their price objective on shares of Oracle from $270.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Cowen reaffirmed a "buy" rating and set a $375.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 price objective on shares of Oracle in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $305.75.

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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