David Wealth Management LLC Invests $211,000 in Oracle Corporation $ORCL

David Wealth Management LLC bought a new stake in Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 965 shares of the enterprise software provider’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORCL. Brighton Jones LLC lifted 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 last quarter. Revolve Wealth Partners LLC lifted its holdings in 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 buying an additional 404 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Oracle by 5.0% during the 1st quarter. Sivia Capital Partners LLC now owns 3,580 shares of the enterprise software provider’s stock worth $501,000 after buying an additional 171 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Oracle by 1.0% during the 1st quarter. UMB Bank n.a. now owns 215,074 shares of the enterprise software provider’s stock worth $30,069,000 after acquiring an additional 2,217 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. purchased a new position in shares of Oracle in the 1st quarter valued at about $515,000. Institutional investors and hedge funds own 42.44% of the company’s stock.

Insider Buying and Selling

In related news, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the sale, the director directly owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This trade represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total transaction of $10,869,660.20. Following the completion of the transaction, the insider directly owned 132,656 shares in the company, valued at $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. Insiders have sold 104,314 shares of company stock worth $31,272,223 over the last three months. 40.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ORCL has been the subject of a number of research analyst reports. Berenberg Bank upped their price target on Oracle from $202.00 to $306.00 and gave the company a “hold” rating in a report on Monday, September 15th. CIBC restated a “buy” rating on shares of Oracle in a report on Monday, June 9th. KeyCorp increased their target price on shares of Oracle from $200.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 12th. Bank of America raised shares of Oracle from a “neutral” rating to a “buy” rating and boosted their price target for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $304.71.

Oracle Trading Down 0.9%

Shares of Oracle stock opened at $286.23 on Monday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $815.99 billion, a P/E ratio of 66.26, a PEG ratio of 3.08 and a beta of 1.53. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72. The company’s fifty day moving average is $262.53 and its two-hundred day moving average is $205.85.

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 the consensus estimate of $1.48 by ($0.01). The business had revenue of $14.93 billion for 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the company posted $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. 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 will be paid on Thursday, October 23rd. Stockholders 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 dividend yield of 0.7%. Oracle’s payout ratio is presently 46.30%.

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.