Godsey & Gibb Inc. grew its stake in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,395 shares of the enterprise software provider’s stock after acquiring an additional 314 shares during the period. Oracle accounts for 3.5% of Godsey & Gibb Inc.’s holdings, making the stock its 2nd largest position. Godsey & Gibb Inc.’s holdings in Oracle were worth $37,472,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle during the first quarter worth about $27,000. Inlight Wealth Management LLC bought a new position in Oracle during the first quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its stake 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 acquiring an additional 151 shares during the period. Legend Financial Advisors Inc. purchased a new stake in shares of Oracle in the second quarter worth about $34,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Oracle in the second quarter worth approximately $38,000. Institutional investors own 42.44% of the company’s stock.
Insiders Place Their Bets
In related news, insider Clayton M. Magouyrk sold 21,241 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $297.11, for a total value of $6,310,913.51. Following the completion of the sale, the insider owned 78,000 shares in the company, valued at approximately $23,174,580. This represents a 21.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider directly owned 132,656 shares of the company’s stock, valued at approximately $42,603,800.96. The trade was a 20.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 over the last quarter. 40.90% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on ORCL
Oracle Stock Up 2.0%
Shares of ORCL opened at $291.77 on Tuesday. The firm has a market cap of $831.77 billion, a PE ratio of 67.54, a price-to-earnings-growth ratio of 3.08 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. The company’s fifty day moving average is $263.41 and its two-hundred day moving average is $206.82. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.
Oracle (NYSE:ORCL – Get Free Report) last released its quarterly 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). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The firm had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period in the previous year, the business posted $1.39 earnings per share. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. 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 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 payout ratio is 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.
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