Harel Insurance Investments & Financial Services Ltd. Acquires 20,425 Shares of Oracle Corporation $ORCL

Harel Insurance Investments & Financial Services Ltd. increased its stake in Oracle Corporation (NYSE:ORCL) by 7.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 277,803 shares of the enterprise software provider’s stock after buying an additional 20,425 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Oracle were worth $60,736,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ORCL. Iron Horse Wealth Management LLC grew its position 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 valued at $29,000 after acquiring an additional 151 shares during the period. LGT Financial Advisors LLC purchased a new position in Oracle in the second quarter valued at approximately $33,000. Legend Financial Advisors Inc. purchased a new position in Oracle in the second quarter valued at approximately $34,000. HighMark Wealth Management LLC bought a new position in Oracle during the second quarter valued at $38,000. Finally, Graybill Wealth Management LTD. purchased a new stake in Oracle in the first quarter worth $39,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ORCL. BNP Paribas set a $377.00 target price on Oracle in a research note on Wednesday, September 10th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research note on Thursday, September 25th. BMO Capital Markets set a $355.00 price objective on shares of Oracle and gave the company an “outperform” rating in a report on Monday, October 13th. Wolfe Research increased their target price on shares of Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 10th. Finally, William Blair reiterated an “outperform” rating on shares of Oracle in a research note on Friday, October 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Oracle Trading Up 2.2%

Shares of ORCL opened at $262.60 on Friday. Oracle Corporation has a twelve month low of $118.86 and a twelve month high of $345.72. The stock has a market cap of $748.62 billion, a PE ratio of 60.79, a P/E/G ratio of 2.96 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 business’s 50-day moving average price is $277.97 and its 200-day moving average price is $226.38.

Oracle (NYSE:ORCL) last released its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). The firm had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $15.04 billion. Oracle had a net margin of 21.08% and a return on equity of 72.93%. Oracle’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Thursday, October 9th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Insider Transactions at Oracle

In related news, Director William G. Parrett sold 11,500 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the sale, the director owned 17,764 shares in the company, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $283.02, for a total value of $13,971,282.30. Following the completion of the sale, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. The trade was a 24.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 220,134 shares of company stock valued at $64,268,949. Corporate insiders own 40.90% of the company’s stock.

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.