Oracle (NYSE:ORCL) Stock Price Down 1.6% Following Insider Selling

Key Points

• Oracle shares fell by 1.6% amid increased insider selling, with 24.3 million shares traded, significantly above the average volume.
• Insider sales included transactions by Michael D. Sicilia and William G. Parrett, reducing their holdings by 12.91% and 39.30%, respectively.
• Despite the selling activity, analysts maintain a Moderate Buy consensus on Oracle, with price targets set between $303.44 and $377.00.

Oracle Corporation (NYSE:ORCL - Get Free Report) shares dropped 1.6% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $292.00 and last traded at $296.67. Approximately 24,308,131 shares traded hands during mid-day trading, an increase of 76% from the average daily volume of 13,846,322 shares. The stock had previously closed at $301.41.

Specifically, insider Michael D. Sicilia sold 16,323 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $313.60, for a total value of $5,118,892.80. Following the completion of the transaction, the insider directly owned 110,094 shares of the company's stock, valued at approximately $34,525,478.40. The trade was a 12.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William G. Parrett sold 11,500 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In other news, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on 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 transaction, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. This represents a 21.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Analyst Ratings Changes

Several research analysts recently commented on ORCL shares. UBS Group set a $300.00 price objective on Oracle in a research note on Wednesday, September 10th. JPMorgan Chase & Co. raised their target price on Oracle from $185.00 to $210.00 and gave the company a "neutral" rating in a report on Monday, September 8th. Cantor Fitzgerald increased their price target on Oracle from $271.00 to $400.00 and gave the company an "overweight" rating in a research report on Wednesday, September 10th. Melius Research raised their target price on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, Oppenheimer reissued an "outperform" rating on shares of Oracle in a research report on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $303.44.

Oracle Price Performance

The stock has a market cap of $878.60 billion, a PE ratio of 71.57, a P/E/G ratio of 3.34 and a beta of 1.46. 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 business has a fifty day moving average of $251.63 and a 200 day moving average of $195.39.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). The business had revenue of $14.93 billion during 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 period in the prior year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. Oracle's dividend payout ratio is currently 46.30%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC raised its position in shares of Oracle by 189.3% during the 4th quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock worth $25,593,000 after purchasing an additional 100,494 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Oracle by 8.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock worth $903,000 after purchasing an additional 404 shares during the period. Retirement Planning Group LLC raised its position in shares of Oracle by 8.2% during the 4th quarter. Retirement Planning Group LLC now owns 3,550 shares of the enterprise software provider's stock worth $592,000 after purchasing an additional 269 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in shares of Oracle during the 4th quarter worth approximately $36,000. Finally, Sunbelt Securities Inc. increased its position in Oracle by 10.8% in the 4th quarter. Sunbelt Securities Inc. now owns 9,410 shares of the enterprise software provider's stock valued at $1,571,000 after acquiring an additional 917 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

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.