Oracle (NYSE:ORCL) Insider Michael Sicilia Sells 16,323 Shares

Key Points

• Michael Sicilia, an insider at Oracle, sold 16,323 shares at an average price of $313.60, totaling approximately $5.12 million, resulting in a 12.91% decrease in his holdings.
• Oracle's stock fell by 1.6% to $301.64 after a recent earnings report that missed analysts' expectations, reporting an EPS of $1.47 against a projected $1.48.
• The company declared a $0.50 quarterly dividend for shareholders, translating to an annualized yield of 0.7%, with the ex-dividend date set for October 9th.

Oracle Corporation (NYSE:ORCL - Get Free Report) insider Michael Sicilia sold 16,323 shares of Oracle stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $313.60, for a total transaction of $5,118,892.80. Following the sale, the insider owned 110,094 shares in the company, valued at $34,525,478.40. This represents a 12.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Oracle Stock Down 1.6%

Shares of ORCL traded down $5.01 during mid-day trading on Wednesday, reaching $301.64. 27,578,950 shares of the stock traded hands, compared to its average volume of 26,370,588. The firm has a market cap of $857.17 billion, a price-to-earnings ratio of 69.82, a P/E/G ratio of 3.31 and a beta of 1.46. The stock has a fifty day simple moving average of $247.52 and a 200 day simple moving average of $192.43. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $14.93 billion for 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 company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts expect that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle's payout ratio is 46.30%.

Institutional Investors Weigh In On Oracle

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Snider Financial Group raised its position in shares of Oracle by 1.3% during the 2nd quarter. Snider Financial Group now owns 3,204 shares of the enterprise software provider's stock worth $701,000 after purchasing an additional 40 shares during the last quarter. SNS Financial Group LLC grew its stake in Oracle by 0.9% during the 2nd quarter. SNS Financial Group LLC now owns 4,896 shares of the enterprise software provider's stock valued at $1,070,000 after acquiring an additional 42 shares in the last quarter. PKS Advisory Services LLC grew its stake in Oracle by 1.9% during the 2nd quarter. PKS Advisory Services LLC now owns 2,211 shares of the enterprise software provider's stock valued at $483,000 after acquiring an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. grew its stake in Oracle by 7.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 643 shares of the enterprise software provider's stock valued at $141,000 after acquiring an additional 43 shares in the last quarter. Finally, Creative Capital Management Investments LLC grew its stake in Oracle by 5.7% during the 2nd quarter. Creative Capital Management Investments LLC now owns 798 shares of the enterprise software provider's stock valued at $174,000 after acquiring an additional 43 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ORCL. BMO Capital Markets set a $345.00 price target on shares of Oracle in a research note on Wednesday, September 10th. Jefferies Financial Group lifted their price target on shares of Oracle from $270.00 to $360.00 and gave the stock a "buy" rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $240.00 price target (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Oppenheimer reiterated an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Finally, Evercore ISI boosted their target price on shares of Oracle from $270.00 to $340.00 and gave the company an "outperform" rating in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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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