Carrera Capital Advisors Sells 349 Shares of Oracle Corporation $ORCL

Carrera Capital Advisors cut its holdings in Oracle Corporation (NYSE:ORCL) by 11.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,598 shares of the enterprise software provider’s stock after selling 349 shares during the period. Carrera Capital Advisors’ holdings in Oracle were worth $568,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Sage Mountain Advisors LLC grew its position in Oracle by 7.8% during the second quarter. Sage Mountain Advisors LLC now owns 14,413 shares of the enterprise software provider’s stock worth $3,151,000 after buying an additional 1,043 shares in the last quarter. Washington Trust Advisors Inc. grew its position in Oracle by 1.9% during the second quarter. Washington Trust Advisors Inc. now owns 2,385 shares of the enterprise software provider’s stock worth $521,000 after buying an additional 44 shares in the last quarter. Lee Danner & Bass Inc. boosted its holdings in Oracle by 0.4% during the second quarter. Lee Danner & Bass Inc. now owns 44,431 shares of the enterprise software provider’s stock valued at $9,714,000 after purchasing an additional 199 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Oracle by 3.9% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,654,478 shares of the enterprise software provider’s stock valued at $1,017,609,000 after purchasing an additional 172,578 shares in the last quarter. Finally, MN Wealth Advisors LLC boosted its holdings in Oracle by 4.9% during the second quarter. MN Wealth Advisors LLC now owns 1,951 shares of the enterprise software provider’s stock valued at $427,000 after purchasing an additional 92 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors.

Insider Transactions at Oracle

In related news, EVP Maria Smith sold 5,000 shares of the company’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total value of $1,403,100.00. Following the completion of the transaction, the executive vice president directly owned 47,083 shares of the company’s stock, valued at approximately $13,212,431.46. This represents a 9.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the transaction, the insider owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. This 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 170,769 shares of company stock worth $50,297,667. Company insiders own 40.90% of the company’s stock.

Oracle Price Performance

Shares of ORCL stock opened at $283.45 on Friday. The firm has a market capitalization of $808.05 billion, a price-to-earnings ratio of 65.61, a price-to-earnings-growth ratio of 3.01 and a beta of 1.53. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle Corporation has a 12-month low of $118.86 and a 12-month high of $345.72. The firm has a fifty day moving average of $274.59 and a 200-day moving average of $220.37.

Oracle (NYSE:ORCL) last announced its earnings results 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). The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities research analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.7%. Oracle’s dividend payout ratio is presently 46.30%.

Analysts Set New Price Targets

Several research analysts have recently commented on ORCL shares. TD Cowen boosted their target price on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Stephens boosted their price objective on shares of Oracle from $208.00 to $331.00 and gave the stock an “equal weight” rating in a research report on Friday, October 17th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $310.00 target price on shares of Oracle in a research report on Friday, October 17th. Stifel Nicolaus upped their target price on shares of Oracle from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Jefferies Financial Group upped their target price on shares of Oracle from $360.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $323.69.

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.