E Fund Management Hong Kong Co. Ltd. Invests $145,000 in Oracle Corporation $ORCL

E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Oracle Corporation (NYSE:ORCL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 664 shares of the enterprise software provider’s stock, valued at approximately $145,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Redmont Wealth Advisors LLC bought a new position in Oracle in the 1st quarter worth $27,000. Inlight Wealth Management LLC bought a new position in Oracle in the 1st quarter worth $28,000. Iron Horse Wealth Management LLC boosted its holdings in Oracle by 284.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after buying an additional 151 shares during the period. Legend Financial Advisors Inc. bought a new position in Oracle in the 2nd quarter worth $34,000. Finally, HighMark Wealth Management LLC bought a new position in Oracle in the 2nd quarter worth $38,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. TD Cowen upped their target price on shares of Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Weiss Ratings raised shares of Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Oppenheimer reaffirmed an “outperform” rating on shares of Oracle in a report on Wednesday, June 18th. JMP Securities reaffirmed a “market outperform” rating and issued a $342.00 target price on shares of Oracle in a report on Wednesday, September 24th. Finally, Evercore ISI upped their target price on shares of Oracle from $270.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $306.43.

Insider Buying and Selling at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $306.00, for a total transaction of $3,519,000.00. Following the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 104,314 shares of company stock valued at $31,272,223 over the last quarter. 40.90% of the stock is owned by corporate insiders.

Oracle Stock Up 1.5%

Shares of ORCL stock opened at $288.48 on Thursday. The stock has a market cap of $822.40 billion, a P/E ratio of 66.78, a PEG ratio of 3.06 and a beta of 1.53. Oracle Corporation has a 52 week low of $118.86 and a 52 week high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company’s fifty day simple moving average is $264.86 and its two-hundred day simple moving average is $207.92.

Oracle (NYSE:ORCL) last announced its quarterly 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 company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Analysts predict that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s dividend payout ratio is currently 46.30%.

Oracle 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.