Oracle (NYSE:ORCL) Director Sells $641,958.02 in Stock

Key Points

• Oracle Director Naomi Seligman sold 2,222 shares of the company's stock for a total of $641,958.02, reducing her position by 7.07%, and retains 29,225 shares valued at approximately $8.44 million.
• Oracle's recent earnings report revealed an EPS of $1.47, which fell short of expectations, and the company reported $14.93 billion in revenue, also below projections.
• The firm announced a quarterly dividend of $0.50 per share, payable on October 23rd, with a current dividend yield of 0.7% and a payout ratio of 46.30%.

Oracle Corporation (NYSE:ORCL - Get Free Report) Director Naomi Seligman sold 2,222 shares of the company's stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Oracle Stock Performance

ORCL traded down $1.75 during midday trading on Tuesday, hitting $281.01. 23,833,506 shares of the company traded hands, compared to its average volume of 37,401,564. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $801.10 billion, a PE ratio of 65.05, a price-to-earnings-growth ratio of 3.04 and a beta of 1.46. The company's 50-day moving average is $259.82 and its 200 day moving average is $202.64. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72.

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 company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle's revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, research analysts expect that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The firm also recently declared 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 dividend payout ratio is presently 46.30%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ORCL shares. Loop Capital set a $135.00 price target on shares of Oracle in a research report on Tuesday, June 10th. Citigroup reaffirmed an "outperform" rating on shares of Oracle in a research report on Wednesday, September 10th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Oracle in a research report on Wednesday, June 18th. DA Davidson upped their price target on shares of Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, September 10th. Finally, BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $304.71.

Institutional Trading of Oracle

Institutional investors and hedge funds have recently made changes to their positions in the business. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle during the first quarter worth $27,000. Inlight Wealth Management LLC acquired a new stake in Oracle in the first quarter worth about $28,000. Winnow Wealth LLC acquired a new stake in Oracle in the second quarter worth about $28,000. Iron Horse Wealth Management LLC boosted its holdings 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 in the last quarter. Finally, Kilter Group LLC acquired a new stake in Oracle in the second quarter worth about $30,000. 42.44% of the stock is currently owned by institutional investors.

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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