Oracle (NYSE:ORCL) Shares Down 1.3% - Time to Sell?

Key Points

• Oracle's stock price decreased by 1.3%, trading as low as $292.01, with an increase in trading volume to approximately 28.36 million shares.
• Recent analyst ratings show a consensus of Moderate Buy with an average target price of $306.71, as several firms raised their price targets on Oracle shares.
• The company announced a quarterly dividend of $0.50, scheduled for payment on October 23, representing a 0.7% yield based on its annualized dividend.

Oracle Corporation (NYSE:ORCL - Get Free Report)'s stock price dropped 1.3% during trading on Friday . The company traded as low as $292.01 and last traded at $293.04. Approximately 28,364,643 shares traded hands during trading, an increase of 89% from the average daily volume of 14,984,915 shares. The stock had previously closed at $296.96.

Analyst Ratings Changes

ORCL has been the topic of a number of research analyst reports. Citigroup restated a "buy" rating on shares of Oracle in a report on Friday. Berenberg Bank raised their target price on shares of Oracle from $202.00 to $306.00 and gave the company a "hold" rating in a research report on Monday, September 15th. Baird R W raised shares of Oracle to a "strong-buy" rating in a research report on Wednesday. Westpark Capital raised their target price on shares of Oracle from $195.00 to $246.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Finally, BMO Capital Markets set a $345.00 target price on shares of Oracle in a research report on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $306.71.

Oracle Stock Down 1.3%

The firm has a market cap of $835.40 billion, a P/E ratio of 67.83, a P/E/G ratio of 3.11 and a beta of 1.53. 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's fifty day moving average is $265.72 and its 200 day moving average is $208.90.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $15.04 billion. During the same period in the previous year, the firm posted $1.39 EPS. The business's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities research analysts anticipate that Oracle Corporation will post 5 earnings per share 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 paid a $0.50 dividend. The ex-dividend date is Thursday, October 9th. This represents a $2.00 annualized dividend and a yield of 0.7%. Oracle's payout ratio is 46.30%.

Insider Buying and Selling at Oracle

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of Oracle stock in a transaction dated Friday, September 26th. The shares were sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the sale, the director owned 29,225 shares in the company, valued at $8,443,394.75. The trade was a 7.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Clayton M. Magouyrk sold 21,241 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares of the company's stock, valued at $23,174,580. This trade represents a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last quarter. Company insiders own 40.90% of the company's stock.

Hedge Funds Weigh In On Oracle

Hedge funds and other institutional investors have recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the 1st quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle in the 1st quarter valued at approximately $28,000. Winnow Wealth LLC acquired a new position in Oracle during the 2nd quarter worth approximately $28,000. Iron Horse Wealth Management LLC increased its position in Oracle by 284.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Finally, Kilter Group LLC acquired a new position in Oracle during the 2nd quarter worth approximately $30,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

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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