Malaga Cove Capital LLC Sells 674 Shares of Oracle Corporation $ORCL

Malaga Cove Capital LLC decreased its stake in shares of Oracle Corporation (NYSE:ORCL) by 4.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,951 shares of the enterprise software provider’s stock after selling 674 shares during the quarter. Oracle comprises about 1.3% of Malaga Cove Capital LLC’s portfolio, making the stock its 21st biggest holding. Malaga Cove Capital LLC’s holdings in Oracle were worth $3,269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ORCL. 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 acquiring an additional 151 shares during the period. LGT Financial Advisors LLC bought a new position in Oracle during the second quarter worth about $33,000. Legend Financial Advisors Inc. acquired a new position in Oracle during the second quarter worth approximately $34,000. HighMark Wealth Management LLC bought a new stake in Oracle in the second quarter valued at approximately $38,000. Finally, Graybill Wealth Management LTD. acquired a new stake in shares of Oracle in the first quarter valued at approximately $39,000. 42.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ORCL. UBS Group raised their price target on Oracle from $360.00 to $380.00 and gave the company a “buy” rating in a report on Friday, October 17th. Stifel Nicolaus lifted their target price on shares of Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. JMP Securities reiterated a “market outperform” rating and issued a $342.00 price target on shares of Oracle in a research note on Friday, October 17th. Melius Research raised their price objective on shares of Oracle from $270.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, Barclays upped their target price on Oracle from $367.00 to $400.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Three investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $323.69.

Oracle Price Performance

Oracle stock opened at $244.02 on Friday. The firm has a market cap of $695.65 billion, a PE ratio of 56.49, a price-to-earnings-growth ratio of 2.96 and a beta of 1.51. 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 stock’s fifty day moving average price is $279.05 and its two-hundred day moving average price is $229.07. Oracle Corporation has a one year low of $118.86 and a one year high of $345.72.

Oracle (NYSE:ORCL) last released its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) 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 company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same period last year, the company posted $1.39 earnings per share. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. 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 EPS for the current fiscal year.

Oracle Dividend Announcement

The company also recently disclosed 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. This represents a $2.00 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, October 9th. Oracle’s payout ratio is currently 46.30%.

Insider Buying and Selling at Oracle

In related news, EVP Stuart Levey sold 19,758 shares of the company’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $300.00, for a total transaction of $5,927,400.00. Following the completion of the sale, the executive vice president directly owned 18,429 shares in the company, valued at $5,528,700. This represents a 51.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The shares were 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 owned 17,764 shares in the company, valued at approximately $5,435,784. This represents a 39.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 204,254 shares of company stock valued at $60,227,807. 40.90% of the stock is currently owned by insiders.

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.