Mitchell Sinkler & Starr PA Sells 49,658 Shares of Oracle Corporation $ORCL

Mitchell Sinkler & Starr PA cut its stake in shares of Oracle Corporation (NYSE:ORCL) by 91.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,735 shares of the enterprise software provider’s stock after selling 49,658 shares during the quarter. Mitchell Sinkler & Starr PA’s holdings in Oracle were worth $1,035,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ORCL. Nuveen LLC purchased a new position in Oracle in the 1st quarter worth approximately $732,692,000. Vanguard Group Inc. lifted its holdings in Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider’s stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Oracle in the 2nd quarter worth approximately $731,512,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings 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 worth $648,572,000 after purchasing an additional 2,049,687 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Oracle by 840.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,119,473 shares of the enterprise software provider’s stock worth $463,380,000 after purchasing an additional 1,894,157 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on ORCL shares. Bank of America raised Oracle from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $295.00 to $368.00 in a report on Wednesday, September 10th. TD Cowen upped their price objective on Oracle from $325.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. BMO Capital Markets set a $345.00 price objective on Oracle in a report on Wednesday, September 10th. Morgan Stanley upped their price objective on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 23rd. Finally, The Goldman Sachs Group upped their price objective on Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus price target of $306.71.

Oracle Stock Performance

NYSE:ORCL opened at $293.04 on Friday. The stock’s fifty day moving average is $266.69 and its 200 day moving average is $210.29. Oracle Corporation has a fifty-two week low of $118.86 and a fifty-two week high of $345.72. The firm has a market capitalization of $835.40 billion, a PE ratio of 67.83, a PEG ratio of 3.15 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62.

Oracle (NYSE:ORCL) last released its quarterly 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 net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter in the previous year, the company posted $1.39 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, sell-side analysts anticipate that Oracle Corporation will post 5 earnings per share for the current year.

Oracle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors 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 is Thursday, October 9th. Oracle’s dividend payout ratio is presently 46.30%.

Insider Buying and Selling

In other Oracle news, Director Naomi O. Seligman sold 2,222 shares of the company’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the transaction, the director owned 29,225 shares of the company’s stock, valued at $8,443,394.75. This represents a 7.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William G. Parrett sold 11,500 shares of the company’s stock in a transaction on 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 directly owned 17,764 shares in the company, valued at $5,435,784. This trade represents a 39.30% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,314 shares of company stock worth $31,272,223. 40.90% of the stock is currently owned by corporate insiders.

Oracle 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.