LMG Wealth Partners LLC Takes $277,000 Position in Oracle Corporation $ORCL

LMG Wealth Partners LLC acquired a new stake in shares of Oracle Corporation (NYSE:ORCLFree Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,267 shares of the enterprise software provider’s stock, valued at approximately $277,000.

Several other institutional investors also recently bought and sold shares of ORCL. Redmont Wealth Advisors LLC bought a new stake in shares of Oracle in the 1st quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the first quarter valued at $28,000. Iron Horse Wealth Management LLC increased its holdings 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 worth $29,000 after purchasing an additional 151 shares in the last quarter. Legend Financial Advisors Inc. bought a new stake in shares of Oracle in the 2nd quarter worth $34,000. Finally, HighMark Wealth Management LLC bought a new stake in shares of Oracle in the 2nd quarter worth $38,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Oracle

In related news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock worth $36,428,967 in the last quarter. Corporate insiders own 40.90% of the company’s stock.

Oracle Stock Performance

Shares of ORCL stock opened at $291.95 on Monday. The firm has a market capitalization of $832.28 billion, a price-to-earnings ratio of 67.58, a price-to-earnings-growth ratio of 3.14 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The business has a fifty day moving average of $271.71 and a 200 day moving average of $216.40. Oracle Corporation has a 1 year low of $118.86 and a 1 year high of $345.72.

Oracle (NYSE:ORCLGet Free Report) last issued its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 analysts’ expectations of $15.04 billion. Oracle had a return on equity of 72.93% and a net margin of 21.08%.The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.39 EPS. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect 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 paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, October 9th. Oracle’s payout ratio is 46.30%.

Wall Street Analyst Weigh In

Several brokerages recently commented on ORCL. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $310.00 price objective on shares of Oracle in a report on Friday. Wolfe Research boosted their price target on Oracle from $300.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, September 10th. Sanford C. Bernstein raised their target price on shares of Oracle from $363.00 to $364.00 and gave the company an “outperform” rating in a report on Friday, September 26th. Bank of America upgraded Oracle from a “neutral” rating to a “buy” rating and upped their price objective for the company from $295.00 to $368.00 in a research report on Wednesday, September 10th. Finally, Weiss Ratings upgraded Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and an average target price of $323.40.

Check Out Our Latest Research Report on Oracle

Oracle Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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