Bellevue Asset Management LLC Cuts Stock Holdings in Oracle Corporation $ORCL

Bellevue Asset Management LLC reduced its position in shares of Oracle Corporation (NYSE:ORCL) by 10.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,221 shares of the enterprise software provider’s stock after selling 145 shares during the period. Bellevue Asset Management LLC’s holdings in Oracle were worth $267,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Legend Financial Advisors Inc. acquired a new position in shares of Oracle during the 2nd quarter worth approximately $34,000. HighMark Wealth Management LLC acquired a new position in shares of Oracle during the 2nd quarter worth approximately $38,000. Redmont Wealth Advisors LLC acquired a new position in shares of Oracle during the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC acquired a new position in shares of Oracle during the 1st quarter worth approximately $28,000. Finally, Iron Horse Wealth Management LLC boosted its holdings in shares of 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 during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Oracle Stock Down 2.4%

Oracle stock opened at $284.46 on Wednesday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock’s fifty day simple moving average is $264.10 and its 200-day simple moving average is $207.36. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market capitalization of $810.94 billion, a P/E ratio of 65.85, a P/E/G ratio of 3.14 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted 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). 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 business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, equities analysts expect that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced 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. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 9th. Oracle’s dividend payout ratio is 46.30%.

Insiders Place Their Bets

In other Oracle news, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director owned 17,764 shares in the company, valued at $5,435,784. This represents a 39.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 3,303 shares of the company’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $233.32, for a total transaction of $770,655.96. Following the completion of the transaction, the director owned 31,447 shares of the company’s stock, valued at $7,337,214.04. This represents a 9.51% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on ORCL. Stifel Nicolaus upped their price objective on Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, September 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Oracle in a report on Saturday, September 27th. Westpark Capital upped their price objective on Oracle from $195.00 to $246.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Berenberg Bank upped their price objective on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. Finally, Rothschild & Co Redburn began coverage on Oracle in a report on Thursday, September 25th. They issued a “sell” rating and a $175.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Oracle currently has a consensus rating of “Moderate Buy” and an average target price of $304.71.

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.