Institute for Wealth Management LLC. Sells 393 Shares of Oracle Corporation $ORCL

Institute for Wealth Management LLC. lowered its position in shares of Oracle Corporation (NYSE:ORCL) by 2.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,987 shares of the enterprise software provider’s stock after selling 393 shares during the period. Institute for Wealth Management LLC.’s holdings in Oracle were worth $4,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the 1st quarter valued at about $27,000. Inlight Wealth Management LLC bought a new stake in shares of Oracle in the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC grew its position in shares of Oracle by 284.9% in the 1st 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. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter valued at about $34,000. Finally, Graybill Wealth Management LTD. bought a new stake in shares of Oracle in the 1st quarter valued at about $39,000. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling at Oracle

In other news, EVP Maria Smith sold 10,000 shares of the firm’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $232.99, for a total value of $2,329,900.00. Following the completion of the transaction, the executive vice president directly owned 40,807 shares of the company’s stock, valued at $9,507,622.93. This trade represents a 19.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Parrett sold 11,500 shares of the firm’s 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 completion of the transaction, the director directly owned 17,764 shares of the company’s stock, valued at $5,435,784. The trade was a 39.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 114,314 shares of company stock valued at $33,602,123 in the last quarter. Insiders own 42.20% of the company’s stock.

Oracle Stock Performance

Shares of ORCL opened at $281.01 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $801.10 billion, a price-to-earnings ratio of 65.05, a PEG ratio of 3.04 and a beta of 1.46. The stock has a 50 day moving average of $259.82 and a 200 day moving average of $202.64. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72.

Oracle (NYSE:ORCL) last issued its quarterly earnings results 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 business 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 business’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 earnings per share. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, sell-side analysts forecast that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th will be issued 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 is 46.30%.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of analyst reports. Redburn Partners set a $175.00 price target on Oracle in a research report on Thursday, September 25th. Oppenheimer restated an “outperform” rating on shares of Oracle in a research report on Wednesday, June 18th. Rothschild Redb upgraded Oracle to a “strong sell” rating in a research report on Thursday, September 25th. JMP Securities restated a “market outperform” rating and set a $342.00 target price on shares of Oracle in a research report on Wednesday, September 24th. Finally, CIBC restated a “buy” rating on shares of Oracle in a research report on Monday, June 9th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $304.71.

Oracle Company 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.