Oracle (NYSE:ORCL) Price Target Raised to $364.00 at Sanford C. Bernstein

Key Points

• Sanford C. Bernstein has increased its price target for Oracle's stock from $363.00 to $364.00, indicating a potential upside of 27.26% from the current price, while maintaining an "outperform" rating.
• Oracle's recent quarterly earnings were reported at $1.47 EPS, slightly missing the consensus estimate, while revenue was $14.93 billion, also below projections.
• Insiders have sold over 112,092 shares in the past 90 days, and currently, insider ownership stands at 42.20% of the stock.

Oracle (NYSE:ORCL - Get Free Report) had its target price lifted by stock analysts at Sanford C. Bernstein from $363.00 to $364.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the enterprise software provider's stock. Sanford C. Bernstein's price objective points to a potential upside of 27.26% from the company's current price.

A number of other research firms have also recently weighed in on ORCL. Rothschild & Co Redburn assumed coverage on shares of Oracle in a research note on Thursday. They issued a "sell" rating and a $175.00 target price on the stock. Morgan Stanley upped their target price on shares of Oracle from $246.00 to $320.00 and gave the company an "equal weight" rating in a research note on Tuesday. Oppenheimer reissued an "outperform" rating on shares of Oracle in a research note on Wednesday, June 18th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $240.00 target price (up previously from $200.00) on shares of Oracle in a research note on Thursday, June 12th. Finally, TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $304.71.

Oracle Stock Performance

Shares of NYSE:ORCL traded down $5.30 on Friday, hitting $286.03. 5,728,670 shares of the company were exchanged, compared to its average volume of 14,471,435. The company's 50 day moving average price is $257.43 and its two-hundred day moving average price is $199.48. Oracle has a one year low of $118.86 and a one year high of $345.72. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The firm has a market capitalization of $812.81 billion, a price-to-earnings ratio of 66.32, a PEG ratio of 3.33 and a beta of 1.46.

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 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 return on equity of 72.93% and a net margin of 21.08%.The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts expect that Oracle will post 5 earnings per share for the current year.

Insider Transactions at Oracle

In other Oracle news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the transaction, the insider directly owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This trade represents a 20.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 112,092 shares of company stock worth $32,960,165. 42.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Oracle

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

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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