Leslie Global Wealth LLC Sells 461 Shares of Oracle Corporation $ORCL

Leslie Global Wealth LLC decreased its position in shares of Oracle Corporation (NYSE:ORCL) by 7.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,672 shares of the enterprise software provider’s stock after selling 461 shares during the quarter. Oracle comprises 0.7% of Leslie Global Wealth LLC’s holdings, making the stock its 23rd largest holding. Leslie Global Wealth LLC’s holdings in Oracle were worth $1,240,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Oracle during the 2nd quarter valued at $4,275,378,000. Nuveen LLC acquired a new position in shares of Oracle during the first quarter valued at about $732,692,000. Vanguard Group Inc. increased its position in shares of Oracle by 2.2% during the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after acquiring an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Oracle in the 2nd quarter worth about $731,512,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Oracle by 79.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,638,951 shares of the enterprise software provider’s stock valued at $648,572,000 after acquiring an additional 2,049,687 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Oracle Price Performance

Shares of NYSE ORCL opened at $201.57 on Friday. The firm has a market cap of $574.62 billion, a price-to-earnings ratio of 46.66, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. Oracle Corporation has a 1-year low of $118.86 and a 1-year high of $345.72. 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 stock has a fifty day simple moving average of $262.79 and a two-hundred day simple moving average of $237.85.

Oracle (NYSE:ORCL) last posted 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). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 EPS. 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 anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Thursday, October 9th were given a dividend of $0.50 per share. The ex-dividend date was Thursday, October 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Oracle’s dividend payout ratio is currently 46.30%.

Insider Activity

In other news, Director Jeffrey Berg sold 49,365 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly owned 151,999 shares in the company, valued at approximately $43,018,756.98. This trade represents a 24.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Clayton M. Magouyrk sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $276.64, for a total transaction of $11,065,600.00. Following the sale, the chief executive officer directly owned 154,030 shares in the company, valued at $42,610,859.20. This trade represents a 20.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Melius Research increased their price objective on Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Morgan Stanley increased their price target on Oracle from $246.00 to $320.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. boosted their price target on shares of Oracle from $185.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Jefferies Financial Group upped their price objective on shares of Oracle from $360.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Piper Sandler lifted their target price on shares of Oracle from $330.00 to $380.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $324.89.

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.