Chicago Partners Investment Group LLC Purchases 746 Shares of Oracle Corporation $ORCL

Chicago Partners Investment Group LLC raised its position in shares of Oracle Corporation (NYSE:ORCLFree Report) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,401 shares of the enterprise software provider’s stock after buying an additional 746 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Oracle were worth $5,177,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Legend Financial Advisors Inc. purchased a new stake in Oracle in the second quarter worth about $34,000. HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth approximately $38,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the 1st quarter valued at approximately $28,000. Finally, Iron Horse Wealth Management LLC raised its stake 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 valued at $29,000 after buying an additional 151 shares during the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Stuart Levey sold 19,758 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the transaction, the executive vice president owned 18,429 shares of the company’s stock, valued at approximately $5,528,700. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the transaction, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last quarter. 40.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. DA Davidson raised their price target on Oracle from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Royal Bank Of Canada restated a “sector perform” rating and set a $310.00 price objective on shares of Oracle in a research note on Friday. Jefferies Financial Group lifted their target price on Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Friday. Redburn Partners set a $175.00 price target on shares of Oracle in a research note on Thursday, September 25th. Finally, Wolfe Research lifted their price objective on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Oracle presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.40.

Check Out Our Latest Stock Analysis on ORCL

Oracle Stock Performance

ORCL opened at $291.95 on Monday. The company has a 50 day simple moving average of $271.71 and a two-hundred day simple moving average of $216.40. 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 firm has a market cap of $832.28 billion, a P/E ratio of 67.58, a PEG ratio of 3.14 and a beta of 1.53. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last released 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 firm had revenue of $14.93 billion for 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 firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Equities analysts forecast that Oracle Corporation will post 5 earnings per share for the current fiscal year.

Oracle Announces Dividend

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 paid a dividend of $0.50 per share. 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 (DPR) is 46.30%.

Oracle Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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