Oracle (NYSE:ORCL) Stock Price Down 6.7% - Time to Sell?

Key Points

• Oracle Corporation's stock price dropped 6.7%, trading around $291.95 after reaching a low of $287.50, with trading volume significantly up at 37 million shares.
• Several brokerages have issued recent upgrades, with target prices raised by firms such as Evercore ISI and Scotiabank, indicating a generally positive outlook with an average target price of $323.40.
• Oracle declared a quarterly dividend of $0.50 per share, with a payout ratio of 46.30%, and is set to be paid to shareholders on October 23rd.

Oracle Corporation (NYSE:ORCL - Get Free Report) shares fell 6.7% during mid-day trading on Friday . The stock traded as low as $287.50 and last traded at $291.95. 37,089,031 shares changed hands during mid-day trading, an increase of 144% from the average session volume of 15,226,273 shares. The stock had previously closed at $313.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ORCL. Scotiabank lifted their price objective on Oracle from $350.00 to $360.00 and gave the company an "outperform" rating in a research note on Friday. Baird R W upgraded Oracle to a "strong-buy" rating in a research note on Wednesday, October 8th. William Blair restated an "outperform" rating on shares of Oracle in a research note on Monday, September 22nd. Morgan Stanley boosted their target price on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 23rd. Finally, Evercore ISI boosted their target price on Oracle from $350.00 to $385.00 and gave the stock an "outperform" rating in a research note on Friday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Oracle presently has an average rating of "Moderate Buy" and an average target price of $323.40.

Oracle Stock Performance

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 stock has a 50 day simple moving average of $270.87 and a two-hundred day simple moving average of $214.33. The company has a market cap of $832.28 billion, a PE ratio of 67.58, a PEG ratio of 3.26 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion during the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the prior year, the firm posted $1.39 EPS. Oracle's quarterly revenue was up 12.2% compared to the same quarter last year. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts predict that Oracle Corporation will post 5 EPS for the current year.

Oracle Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 0.7%. Oracle's payout ratio is currently 46.30%.

Insider Buying and Selling

In other news, insider Clayton M. Magouyrk sold 21,241 shares of the business'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 value of $6,310,913.51. Following the transaction, the insider owned 78,000 shares of the company's stock, valued at approximately $23,174,580. The trade was a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the business's stock in a transaction that occurred on 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 transaction, the director directly 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 disclosure for this sale can be found here. Insiders have sold 120,769 shares of company stock valued at $36,428,967 in the last 90 days. Company insiders own 40.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle in the first quarter valued at approximately $27,000. Inlight Wealth Management LLC acquired a new position in Oracle during the first quarter worth $28,000. Winnow Wealth LLC acquired a new position in Oracle during the second quarter worth $28,000. Iron Horse Wealth Management LLC grew its holdings in Oracle by 284.9% during 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 during the period. Finally, Kilter Group LLC acquired a new position in Oracle during the second quarter worth $30,000. Institutional investors and hedge funds own 42.44% of the company's stock.

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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